Current Business News and Events

Current Business News and Events, Business News Articles.
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Here's why conservatives and liberals differ on COVID-19
According to a new study from Lehigh Business, the differences between conservative and liberal responses to COVID-19 are mitigated when people perceive the virus itself to have agency -- the ability to control its own actions and thus exert power over people. Conservatives are generally more sensitive to threats that are relatively high in agency, say researchers with Lehigh University's College of Business and KU Leuven, Belgium. (2020-11-13)

Faster disclosure under RTRS delivering transparency that helps muni market stakeholders
University of Oregon researchers have found three-fold benefits when the gap in trade reporting in municipal bond markets changed from a full day to fifteen minutes after implementation of the Real-Time Transaction Reporting System. Municipalities, they report, can benefit from the real-time reporting system through more efficient capital markets, creating benefits for society because municipal bond offerings fund infrastructure investments that often improve quality of life, education and public safety. (2020-11-10)

New study by ESMT Berlin shows political commitment increasingly important for CEOs
Political and social engagement is a relevant topic for European business leaders. CEOs are increasingly making public statements on political issues in order to make a positive contribution to socially relevant topics. These are the findings of a recent study at ESMT Berlin. (2020-11-02)

Save it or spend it? Advertising decisions amid consumer word-of-mouth
Most people have seen or heard from a friend, neighbor or family member about a product or service they've used and how their experience was. It's called observational learning or word-of-mouth. These communications don't provide an unbiased assessment of true quality. Given this, businesses are faced with the difficult decision of determining when and how to spend their ad dollars. (2020-10-19)

Study shows keeping gratitude journal reduces gossip, incivility in workplace
Gratitude interventions in the workplace can help employee well-being and managers can use these efforts to foster more respectful behavior in their teams. (2020-09-22)

For job seekers with disabilities, soft skills don't impress in early interviews
A new study by Rutgers University researchers finds that job candidates with disabilities are more likely to make a positive first impression on prospective employers when they promote technical skills rather than soft skills, such as their ability to lead others. (2020-09-10)

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)

CEOs with uncommon names tend to implement unconventional strategies
If you're looking for an unconventional approach to doing business, select a CEO with an uncommon name, according to new research co-authored by an expert at Rice University's Jones Graduate School of Business. (2020-09-08)

Analysis: Health sector, big pharma spent big on lobbying for COVID-19 funding
To date, Congress has authorized roughly $3 trillion in COVID-19 relief assistance -- the largest relief package in history. With more COVID relief money on the way, a new analysis in the Journal of General Internal Medicine finds these newly available funds led to a significant surge in health sector lobbying activity, especially within the pharmaceutical industry. (2020-08-12)

New study suggests ADHD- like behavior helps spur entrepreneurial activity
Many people have experienced a few nights of bad sleep that resulted in shifting attention spans, impulsive tendencies and hyperactivity the next day -- all behaviors resembling ADHD. A new study found that this dynamic may also be linked to increased entrepreneurial behavior. (2020-08-12)

Harvard research identifies business travel as driver of economic growth
Research from Harvard Kennedy School's Growth Lab finds a direct link between a country's incoming business travel and the growth of new and existing industries. The findings, published in the journal Nature Human Behaviour, support a Growth Lab hypothesis that moving 'knowhow' is critical to economic growth, and business travel plays a key part in that process. The research also raises new concerns about the economic implications of the international travel restrictions imposed to combat COVID-19. (2020-08-11)

Career-readiness through cross-disciplinary project-based learning
Faculty members at Washington State University Everett recently developed and implemented an interdisciplinary project-based learning approach to provide students with real-world professional experience. (2020-08-05)

People with coronavirus symptoms more likely to have psychiatric disorders and loneliness
People who have or had COVID-19 symptoms are more likely to develop general psychiatric disorders and are lonelier, with women and young people more at risk, says a just-published study co-authored at Cambridge Judge Business School. (2020-07-13)

To make a good impression, leave cell phone alone during work meetings
New hires especially should keep their cell phones stashed away during business meetings, a new study strongly implies. Two University of Kansas researchers have just published a paper that finds viewers perceive someone who appears to be using their cell phone during a business meeting far more negatively than someone who takes notes on a pad. (2020-06-17)

Red tape may have a silver lining for micro businesses -- new study
Small business owners who complain about excessive regulation may be overlooking the business benefits it brings, according to a new study from the University of Bath. (2020-06-08)

Insurers should be willing to negotiate coronavirus claims to avoid courts being overwhelmed, study
Insurers should be open to negotiating coronavirus claims to avoid courts becoming overwhelmed with disputes, a new study warns. (2020-06-02)

Finding working capital is key to small businesses efforts as reopening accelerates
Small businesses are suffering affer a long pandemic shutdown and they are worried about what will be needed as they begin to reopen. Interviews with a select group of small business owners found that access to working capital is key to reopening, as well as clear guidance from government or trade organizations about how to reopen safely during the pandemic. (2020-05-27)

Scarcity reduces consumers' concerns about prices, even during a pandemic, research shows
New research published in the Journal of Consumer Marketing Research finds that scarcity actually decreases consumers' tendency to use price to judge a product's quality. (2020-05-13)

Eurovision voting points to more than just musical tastes
Although this year's Eurovision Song Contest has been postponed due to the COVID-19 outbreak, academics from the University of Stirling and University of Glasgow have revealed interesting patterns from previous years' public votes. Dr. Isaac Tabner, from Stirling Management School, and Dr. Antonios Siganos, from the Adam Smith Business School, have looked at how each country's votes for its favorite song can give an indication of the likelihood and nature of business exchanges across borders. (2020-05-11)

Key failings in government's approach to COVID-19 preparations and emergency response
The UK government made key failings in their strategic preparations and emergency response to coronavirus and this, in turn, undermined the NHS's ability to cope with the crisis. These are the findings recently published in a research paper for the Journal of Risk Research by academics from Cass Business School, Glasgow Caledonian University, Vlerick Business School, and Nottingham University Business School. (2020-05-07)

New PSU study spotlights the dark side of venture capitalist funding
A new study by PSU found that the aggressive cultures of private equity firms, like venture capitalists, might spill over into the companies that they fund. The study suggests that venture capitalist investors often push a business they are financing to prioritize long-term financially-based goals instead of socially responsible business ones, like fair wages, reducing carbon footprints or improving labor policies. (2020-05-04)

Creating buzz with potential end-users helps entrepreneurs with crowdfunding campaigns
Entrepreneurs launching a crowdfunding campaign to fund new product development benefit by reaching out early to engage with potential end-users, say business researchers from three universities. (2020-04-30)

New research finds cost transparency can increase sales 20%
Businesses don't typically disclose information to consumers on how much it costs to produce a product. However, new research in the INFORMS journal Marketing Science provides evidence that doing so can increase consumers' purchase interest by more than 20%. (2020-04-23)

Portland State study finds bike lanes provide positive economic impact
Despite longstanding popular belief, bicycle lanes can actually improve business. At worst, the negative impact on sales and employment is minimal, according to a new study from Portland State's Transportation Research and Education Center (TREC). Researchers studied 14 corridors in 6 cities -- Portland, Seattle, San Francisco, Memphis, Minneapolis and Indianapolis -- and found such improvements had either positive or non-significant impacts on sales and employment. Essentially, adding improvements like bike lanes largely boosted business and employment in the retail and food service sectors. (2020-04-22)

Business-to-business customers expect personal service in online chat
Companies engaged in business-to-business (B2B) sales are also increasingly moving their activities online, but their online chat services and customer interaction have not been studied much yet. A new study from the University of Eastern Finland shows that the nature of social presence in B2B online chat dialogues varied depending on the stage of the customer relationship. (2020-04-17)

Older entrepreneurs as successful as their younger counterparts, study reveals
From Steve Jobs to Mark Zuckerberg, the stories of prosperous, young innovators drive the American economic narrative. However, the truth is that older business entrepreneurs may be just as well suited to success. And older women are far more successful at launching a business than their younger counterparts. (2020-04-06)

Artificial intelligence can help some businesses but may not work for others
The temptation for businesses to use artificial intelligence and other technology to improve performance, drive down labor costs, and better the bottom line is understandable. But before pursuing automation that could put the jobs of human employees at risk, it is important that business owners take careful stock of their operations. (2020-03-31)

UK local authorities not ready for the number of deaths from Covid-19
Even if fatality rates are at the lower end of expectations -- one percent of virus victims -- it is highly likely that death and bereavement services will be overwhelmed, according to newly-published research by Dr Julia Meaton, Dr Anna Williams and researcher Helen-Marie Kruger. (2020-03-27)

Crowdfunding -- entrepreneurs should resist the urge to promise to save the Earth
Entrepreneurs seeking funds on business-oriented crowdfunding platforms should avoid over-emphasizing the social or environmental benefits of their start-ups or products if they are to maximize potential investment. (2020-02-26)

Hubble turns lens towards gender bias, yielding lessons for Earthlings
Researchers used 'dual-anonymization' techniques to close the gender gap around who gets time on the Hubble Space Telescope. (2020-02-18)

Letting your child pick their snack may help you eat better, study suggests
Giving in to your kid's desire for an unhealthy snack may improve your own eating choices, a new University of Alberta study shows. (2020-01-30)

Researchers studying motivational aspects of mindfulness find quality differs by situation
What makes people more or less mindful from one situation to the next? Researchers have found that mindfulness is not entirely something an individual brings to a situation and rather is partly shaped by the situations they encounter. (2020-01-29)

Women-only business groups marginalize and fail to empower members
New research from the University of Edinburgh Business School, Lancaster University Management School and Dublin City University Business School, published in the Journal of Economic Geography, found women-only business networks fail to boost female entrepreneurship and are unable to overcome bigger societal issues that prevent more women from pursuing their own businesses. (2020-01-23)

Sustainability strategies more successful when managers believe in them
New research from Cass Business School has found that business sustainability strategies can succeed alongside mainstream competitive strategies when managers believe in them. (2020-01-22)

Entrepreneurs have different storytelling styles for presenting business
New pioneering research shows that entrepreneurs communicate to strengthen their professional image and stakeholder relationships -- and avoid blaming others. (2020-01-21)

How retailers can make more money in online auctions
To get more participants in online auctions and drive up the winning bid prices, two things matter: how long an auction is active and the day of the week it closes, finds researchers from the University Maryland, Stanford University, University of Pennsylvania and Indiana University. (2020-01-13)

Study: US presidents play surprising role in driving corporate social responsibility
A president's political party plays a big role in corporate social responsibility efforts, reveals new research from San Francisco State's Lam Family College of Business. (2020-01-03)

There is no 'I' in team -- or is there?
There is no 'I' in 'team -- as the saying goes. But new research suggests it is important for individuals to feel personal ownership towards a team project in order to be more creative. The study, led by Dr. Ieva Martinaityte of the University of East Anglia (UEA)'s Norwich Business School, suggests that this also drives each team member to invest more time and effort into the project. (2019-12-17)

Invest in private companies: They display more reliable accounts than public ones'
Institutional investors tend to put their money largely in public companies, persuaded that market discipline makes their accounts more reliable than private ones' and most financial literature confirms their beliefs. A new study by scholars from University of Bolzano, Bocconi University, and Stern School of Business concludes on the contrary that, if you circumscribe the comparison to public and private companies with similar organizational structures, private firms display a higher accounting (earnings) quality. (2019-12-13)

You did what with my donation? When donors feel betrayed by charities
When people learn that a charitable contribution they earmarked for a specific project was used for another cause, they feel betrayed -- and often punish the charity, new research from Washington State University indicates. (2019-12-13)

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