Current Companies News and Events

Current Companies News and Events, Companies News Articles.
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Should Uber and Lyft be electrifying more vehicles?
Increases in air pollution and greenhouse gas emissions caused by ridesourcing impact human health and the environment--what happens when companies shoulder that cost? (2021-02-19)

Innovation predicts higher profits and stock returns
A large-scale study of the link between innovation and financial performance in Australian companies has found more innovative companies post higher future profits and stock returns. (2021-02-16)

Shining a light on the true value of solar power
Utility companies have worried that solar panels drive up electric costs for the people who don't have panels. Michigan Tech renewable energy researchers show the opposite is actually true -- grid-tied solar photovoltaic (PV) owners are actually subsidizing their non-PV neighbors. (2021-02-09)

Big name corporations more likely to commit fraud
Fortune 500 firms with strong growth profiles are more prone to corporate financial securities fraud than smaller, struggling companies, according to a recent study. Researchers examined more than 250 U.S. public corporations involved in fraud identified in SEC filings from 2005-2013, compared to a control sample of nonfraud firms. Trends emerged for a greater fraud risk including corporations listed in the Fortune 500, traded on the NYSE and that had strong growth imperatives. (2021-02-02)

People's acceptance of inequality affects response to company wrongdoings
People who do not accept inequality are more likely to negatively evaluate companies that have committed wrongdoings than people who do accept inequality, and this response varies by culture, according to researchers at Penn State. The team also found that companies can improve their standing with consumers when they offer sincere apologies and remedies for the harm they caused to victims. (2021-01-28)

Less job stress for workers at financially transparent firms
Employees feel significantly less job distress if they work at companies that are open and transparent about the firm's finances, including budgets and profits, a new study found. Researchers examining data from the U.K. found that at companies with more financial transparency, workers felt more secure in their jobs, more committed to their employers and - most significantly - said they had better relationships with their managers. (2021-01-25)

Even a small amount of gender bias in hiring can be costly to employers
Tiny amounts of gender bias in employee hiring decisions contribute to concerning rates of discrimination and productivity losses that together represent significant costs, financial and otherwise, for employers. (2021-01-19)

'Ocean 100': Small group of companies dominates ocean economy
Most of the revenues extracted from use of the world's oceans is concentrated among 100 transnational corporations. Dubbed the ''Ocean 100'' by researchers at Duke University and Stockholm University, these ''blue economy'' companies collectively generated $1.1 trillion in revenues in 2018, according to research published Wednesday in the journal Science Advances. If the group were a country, it would have the world's 16th-largest economy, roughly equivalent to the gross domestic product (GDP) of Mexico. (2021-01-13)

SUTD develops new model of influence maximization
The model will enhance the robustness of networks to adversarial attacks and will benefit both practitioners and organizations. (2021-01-12)

Businesses stand to benefit from sustainable restructuring
Is it profitable for a company to switch to sustainable production? Researchers conclude that it probably often is. (2021-01-06)

Investment risk & return from emerging public biotech companies comparable to non-biotech
Investing in biotech companies may not be any riskier than investing in other sectors, according to a new report from Bentley University's Center for Integration of Science and Industry. A large scale study of biotechnology companies that completed Initial Public Offerings (IPOs) from 1997-2016 demonstrates that these companies produced more than $100 billion in shareholder value and almost $100 billion in new value creation despite a failure rate greater than 50%. (2021-01-06)

Majority of biotech companies completing an IPO from 1997-2016 achieved product approvals
A large scale study from Bentley University of the biotechnology companies that completed Initial Public Offerings from 1997-2016 estimates that 78% of these companies are associated with products that reach phase 3 trials and 52% are associated with new product approvals. The article, titled 'Late-stage product development and approvals by biotechnology companies after IPO, 1997-2016,' shows that these emerging, public biotechnology companies continue to have a role in initiating new product development, but are no longer distinctively focused on novel, biological products. (2021-01-06)

NTU Singapore study suggests link between word choices and extraverts
A study by a team of Nanyang Technological University, Singapore (NTU Singapore) psychologists has found a link between extraverts and their word choices. (2020-12-27)

Satellite data identifies companies fishing in high seas
A team of researchers, using satellite data and other analytical tools, has identified companies fishing in high seas--waters that lie outside of national jurisdiction where fishing has raised fears about environmental and labor violations. (2020-12-18)

Towards circular economy: European manufacturers tend not to report on their actions
After analysing the data from 226 large manufacturing companies from the European Union, a team of researchers from Lithuania, Poland and Sweden have drawn a conclusion that organisations almost do not mention circular economy principles in their environmental reporting. In their reports, the organisations mostly refer to the effective use of primary flows and minimising waste. (2020-12-16)

Ignoring CDC guidelines leads to fear, anger among employees
Companies not following the recommended safety protocols set by the Centers for Disease Control and Prevention during the COVID-19 pandemic could have a significant impact on employee trust, loyalty and overall commitment, according to a new study. (2020-12-16)

Social media provides SMEs with tools to mitigate internationalisation-related threats
For SMEs seeking to enter the international markets, social media is a tool for overcoming liabilities connected to their smallness, newness and foreignness, a new study from the University of Eastern Finland shows. (2020-12-10)

Dartmouth researchers work to reduce child-directed food marketing on educational websites
A new article, published in the American Journal of Preventive Medicine by a by a team of researchers and advocates including Dartmouth faculty, asserts that current gaps in the regulation of commercial educational websites are exposing children to unhealthy food marketing. The group is working with major food companies and the USDA to limit these practices. (2020-12-10)

Mass incarceration results in significant increases in industrial emissions, study finds
Mass incarceration is as much an environmental problem as it is a social one, according to a new Portland State University study that finds increases in incarceration are significantly associated with increases in industrial emissions. (2020-12-04)

New study outlines steps higher education should take to prepare a new quantum workforce
A new study outlines ways colleges and universities can update their curricula to prepare the workforce for a new wave of quantum technology jobs. Three researchers, including Rochester Institute of Technology Associate Professor Ben Zwickl, suggested steps that need to be taken in a new paper in Physical Review Physics Education Research after interviewing managers at more than 20 quantum technology companies across the U.S. (2020-11-12)

How to fix the movement for fossil fuel divestment
Bankers and environmentalists alike are increasingly calling for capital markets to play a bigger role in the war on carbon. In the absence of a meaningful global price on carbon, however, capital continues to flow freely toward fossil fuels and other carbon-intensive industries. The movement for fossil fuel divestment has been trying since 2012 to reverse this trend. (2020-11-03)

Low-cost airlines have adapted best to COVID-19
The study reveals that during the pandemic, these airlines have proved more resilient than traditional ones, due to their lower exposure to long-haul traffic (2020-10-27)

The valuation of a company's investment properties may bring surprises
In addition to the financial statements and balance sheet, an investor should also go through the notes and understand their content. For example, the valuation of a company's investment properties in the financial statements may bring surprises depending on whether the company has performed the valuation itself or used an external party for it. (2020-10-12)

Hackers targeting companies that fake corporate responsibility
A new study found some hackers aren't in it for the money; they want to expose firms that engage in phony philanthropy. These hackers -- which include everyone from disgruntled employees to hacktivist groups -- can ''sniff out'' actions that only give the appearance of corporate social responsibility. (2020-09-30)

Covert tobacco industry marketing tactics exposed by former employees
Tobacco companies use covert marketing tactics and exploit loopholes in Australian tobacco control laws to promote their products despite current tobacco advertising bans, finds new research from University of Sydney and Cancer Council NSW. To circumvent current tobacco advertising, promotion and sponsorship (TAPS) laws in Australia, tobacco companies are incentivising retailers with cash payments, all-expenses paid holidays, exclusive parties and tickets to sporting events to drive tobacco sales. (2020-09-28)

Mayo study identifies barriers to physician adoption of federal Right to Try law
A new study published in the Journal of the National Cancer Institute is the first to examine the opinions and experiences of clinical oncologists working at a major medical center on the Federal Right to Try (RTT) law. (2020-09-22)

Revealed: Large discrepancies in accounting for the funding sources of some UK patient organisations
New analysis published in BMJ Open raises transparency concerns over funding to patient groups from big drug companies. (2020-09-20)

Increase in alcohol-industry funded research is a cause for concern, study suggests
A study by the University of York has found that since 2009, there has been a 56% increase in research funded by alcohol companies or affiliated organisations - with some studies making claims about the health benefits of alcohol. (2020-09-16)

Facebook anniversaries inspire reflection, nostalgia
Posted on Facebook, milestones such as birthdays and anniversaries prompt users to reflect on the passage of time and the patterns of their lives -- and help the social media giant recycle content in order to boost engagement, according to new Cornell research. (2020-09-14)

Rethinking business: Disruptions like the corona crisis also create new opportunities
Study analyses importance of historical times of change and the significance of disruptions for new success strategies. Examples show how the corona situation may benefit new ventures. (2020-09-09)

Multinationals' supply chains account for a fifth of global emissions
A fifth of carbon dioxide emissions come from multinational companies' global supply chains, according to a new study led by UCL and Tianjin University that shows the scope of multinationals' influence on climate change. (2020-09-07)

Pandemic accelerated remote work, a trend likely to remain
The coronavirus pandemic has profoundly changed workplaces and the nature of work itself, according to a new article published by an international panel of management experts, including Michael Wilmot, assistant professor in the Sam M. Walton College of Business. (2020-09-02)

Researchers introduce new theory to calculate emissions liability
A new study by Michigan Tech researchers questions conventional methods of calculating carbon emissions liability based on point source pollution by introducing new ''bottleneck'' theory. (2020-08-25)

Fresh tumor biopsies in world-first technique for cancer treatments
An innovative technique to improve cancer treatments using tumour biopsies less than 30 minutes after they're taken has been developed at The University of Queensland. (2020-08-24)

The costs and benefits of addressing customer complaints
Developing a strategy to achieve an optimal recovery-loyalty yield is more advantageous than adopting the mantra that the customer is always right. (2020-08-07)

Partnerships with bankrupt companies could be double-edged sword for investors
New research from the Indiana University Kelley School of Business found that when a company is in bankruptcy, its advertising and research and development investments can cut both ways. They increase the odds of surviving for some bankrupt companies and decrease the odds for others. (2020-07-30)

C&EN names top 50 chemical companies
After being dethroned last year, German chemical giant BASF is once again number one in C&EN's annual Global Top 50 list of chemical companies for 2019. Chemical & Engineering News, the weekly newsmagazine of the American Chemical Society, reports that a shakeup in the international chemical markets was brewing even before the upheaval caused by the COVID-19 pandemic. (2020-07-29)

Corporate social responsibility practices often lack 'on the ground' change -- SFU research
Companies that practice corporate social responsibility (CSR) could ensure more positive outcomes by tackling ''real change on the ground'' rather than focusing on single projects and budgets, according to Simon Fraser University political science professor Andy Hira. (2020-07-22)

In the sharing economy, consumers see themselves as helpers
Whether you use a taxi or a rideshare app like Uber, you're still going to get a driver who will take you to your destination. But consumers view an employee of a taxi company differently from an independent driver picking up riders via an app, a new Ohio State University study suggests. (2020-07-15)

COVID-19 'price gouging' could be prevented
Excessive pricing or 'price gouging' of essential hygiene and medical products during the current global pandemic could be prevented, claims a new paper from the University of Portsmouth. (2020-07-15)

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