A study by University of Toronto researchers found that increased job protections significantly reduce corporate mergers and acquisitions, driving down takeover deals and synergy gains. The study analyzed nearly 46,000 takeover deals in 21 countries between 1985 and 2007.
Researchers used behavioral science techniques to increase online license plate renewals in Ontario, resulting in a 42% increase and a 5-point gain in on-time renewals. The study's findings suggest that simple changes to messaging can lead to significant savings.
Researchers found that low-income entrepreneurs in Panama start early-stage businesses with new products, but struggle to sustain them due to financial constraints and customer adoption rates. Business incubation centers and cash grants can help these entrepreneurs overcome the start-up hurdle.
A study by the University of Toronto's Rotman School of Management found that having a first-class cabin increases air rage incidents nearly four times more than a nine-hour flight delay. Economy passengers who pass through first class are also more likely to exhibit bad behavior.
Dan Trefler, a renowned economist at the University of Toronto's Rotman School of Management, has been awarded a 2016 Killam Prize for his groundbreaking research on international trade and competitiveness. His work has had far-reaching impact on public policy formation in Canada.
Two Rotman professors, Dan Trefler and Liyan Yang, have been awarded the Bank of Canada's Fellowship and Governor's Awards respectively. The awards recognize their exceptional research contributions to macroeconomics, monetary economics, and international finance.
A new study suggests that companies are more likely to invest in developing socially responsible products when they can tap into the social status boost associated with such choices. Key findings indicate that brands have a greater incentive to innovate in mature categories where consumers are most concerned about environmental impact.
A new study from the University of Toronto found that minority applicants may fare worse in resumes sent to diversity-friendly companies than those sent to non-diversity companies. Hiding one's race by 'whitening' their resumes improved minorities' chances of landing an interview.
Researchers found that negatively-cited studies are usually high quality and receive more attention than average papers. The study also identified patterns behind knowledge production, holding promise for improving scientific paper search algorithms.
Equity-based incentives improve cooperation among managers in different business units, researchers find. Companies like Amazon benefit from this practice.
Professor Francesco Bova has received a major award from Rutgers University's School of Management and Labor Relations for his groundbreaking research on the link between corporate governance issues and employee share ownership. The two-year financial support will enable him to explore other pioneering directions in this field.
A new study by Prof. Spike W. S. Lee and colleagues reveals that moral purity is both universal and culturally variable. In a face culture like East Asia, facial purification has a powerful moral effect, freeing individuals from guilt-driven prosocial behavior.
A new study found that automatic income entry on tax returns reduces cheating, but passive responses promote dishonesty. The researchers suggest using default options in tax preparation software to encourage honest compliance.
University of Toronto Rotman School professor András Tilcsik won the Financial Times/McKinsey Award for Young Business Writers for his book proposal on managing catastrophic failure risk. The proposal, 'Rethinking the Unthinkable,' aims to help managers rethink existing organizational practices and build more robust systems.
Researchers found that arguments based on a political opponent's moral principles have a better chance of success in winning them over. The study suggests using purity-based arguments can help bridge gaps between liberals and conservatives, increasing support for universal healthcare and same-sex marriage.
A study by U of T Scarborough and Rotman School of Management found that a high-performing founder can drive a spin-out's success with an experienced team, boosting the firm's ability to start quickly and operate smoothly.
A new study by the University of Toronto's Rotman School of Management suggests that truly innovative breakthroughs need in-depth knowledge in a narrow domain. Most high-impact innovations occur through cross-collaboration, but this research shows that recombining existing knowledge is only one part of the puzzle.
A study by University of Toronto researchers found that high levels of emotional exhaustion due to workplace anxiety can directly impact job performance. The quality of relationships between employees, supervisors, and co-workers plays a crucial role in mitigating the negative effects of workplace anxiety.
A study of equal billing plans found that customers prefer to pay a little more each month to ensure a refund at the end of the term. This irrational attitude leads to increased customer loyalty and satisfaction. Companies can benefit from this by setting up their equal billing plans to issue refunds at the end of the term.
A new study by University of Toronto's Rotman School of Management found that executives in strong business networks are more likely to overpay their colleagues. The researchers conducted three experiments with 520 students and found that larger networks can lead to a greater tendency for deception.
A new study suggests that cellphone bill shock warnings can be more costly for consumers as carriers adjust plans and fees to maintain profits. The researchers found that average consumers pay an extra $33 under billing alerts.
Research finds that US Treasury securities show a significant swing in returns between October and April due to seasonal depression. The average monthly return difference is 80 basis points, indicating a substantial impact of SAD on investment decisions.
A new study from the University of Toronto's Rotman School of Management found that homes sold through bidding wars have increased their market share over the last two decades. Bidding war sales rates were correlated with economic and housing booms, but not consistently across jurisdictions.
Researchers at the University of Toronto's Rotman School of Management found that offering a range of options and different price points can lead to higher success rates and profits in crowdfunding campaigns. This approach allows creators to tap into consumers' willingness to pay more, generating additional revenue.
Research by András Tilcsik at the University of Toronto's Rotman School of Management shows that employees who experience similar economic environments in their early and later work lives perform better. Companies can help avoid 'curse of extremes' by diversifying new employees' experiences.
A new study by the University of Toronto found that countries with higher levels of compassion and openness score better in environmental sustainability. The research examines how population differences in personality characteristics predict a nation's environmental records.
Researchers found that people in a 'calculative mindset' are more likely to analyze non-numerical problems mathematically and overlook social and moral factors. Participants displayed significantly more selfish behavior when given lessons on calculative economics concepts.
A new study found that professional networking can lead to feelings of moral impurity and physical dirtiness, particularly among those with less power. This can hold people back from networking more, reducing career opportunities and lowering job performance.
A new study from the University of Toronto's Rotman School of Management found that institutional investors and analysts tend to overlook social norms when investing in 'sin' companies, such as tobacco, alcohol, and gaming firms. However, when performance expectations rise, these investors become more willing to compromise on their val...
A new study by the University of Toronto's Rotman School of Management finds that people who think of love as perfect unity have worse relationships than those who view it as a journey. Recalling conflicts with the unity frame in mind leads to less relationship satisfaction, while recalling celebrations has the opposite effect.
A new paper from the University of Toronto suggests that gender quotas are more effective in countries with tight cultural norms, where people prioritize obedience and conformity. In contrast, loose cultures may struggle to implement policies due to disagreements over how to translate egalitarian principles into practice.
A study from the University of Toronto suggests that exposure to fast food can undermine one's ability to savor pleasurable activities. Participants who were shown pictures of meals on regular ceramic tableware showed higher levels of enjoyment when experiencing savoring activities, whereas those shown pictorial reminders of fast food ...
A new Rotman study found that marketing strategies should consider the consumer life-cycle when targeting technology adoption. The research reveals that older consumers may face limited future benefits, but can be encouraged to adopt new technologies through targeted incentives.
A study from the University of Toronto's Rotman School of Management found that sell-side analysts tend to compare companies in the same category but with expensive stock prices. This can lead to undervalued companies being perceived as good buys compared to high-valuation peers. The research also shows a greater tendency to choose hig...
A new study using the U.S. Senate Chamber as its laboratory found that co-sponsorship of bills is more likely to come from those sitting near each other, highlighting the importance of location in deal-making. The study's findings also showed that more senior senators rely on personal connections rather than their location for support.
A study of 33,000 IPOs from 88 countries found that US IPO activity has not kept pace with the country's economic importance, particularly among small companies. Globalization has benefited other countries, allowing them to overcome challenges to investment caused by weak domestic institutions.
Researchers found that reminding consumers of prices strengthens their purchase decisions and leads to long-term satisfaction. Participants preferred higher-functionality products even in the short-term, despite a longer-term preference for greater usefulness.
A study by the University of Toronto's Rotman School of Management found that transformational leaders can curb cynicism and improve employee commitment to change. Correctional officers who worked for 'transformational' leaders showed reduced cynicism and higher levels of individual commitment towards change.
A new study from the University of Toronto's Rotman School of Management found that businesses with head offices in highly religious communities were less likely to experience stock price crashes due to not disclosing bad financial news. Strong social norms, regardless of whether individuals are religious or not, can help minimize bad ...
A recent study published in Psychological Science reveals that individuals with high emotional intelligence are better equipped to make decisions that are not swayed by unrelated emotions. This allows them to assess risks more accurately and make more informed investment choices.
A new study published in the Journal of Applied Psychology shows that calmness affects test performance and job outcomes. Candidates who experience high anxiety tend to underperform, while those with motivation score higher on both tests and in their roles.
A new study found that financial deprivation can lead to a decline in ethical principles, resulting in workplace sabotage and theft. People who experience financial loss are more likely to judge others' unethical behavior more leniently.
A new study from the University of Toronto's Rotman School of Management found that employees who had autonomy over their lunch activities were less tired at work. Relaxing activities freely chosen by workers led to reduced fatigue, while socializing with colleagues increased it.
A new study by researchers at the University of Toronto found that independent and financially-literate audit committees lead to higher firm values and less diversion of resources. The study suggests that regulators should maintain flexibility around rules requiring high-quality audit committees, particularly for smaller firms.
A recent study by researchers at the University of Toronto's Rotman School of Management found that avoiding dwelling on problems can actually help individuals manage multiple role responsibilities, such as work, family, and school. This 'mind break' allows people to detach from their concerns and increase their satisfaction.
The University of Toronto's Rotman School of Management professor will investigate the causes and effects of equity-based compensation across international employees. He aims to understand how compensating international employees with domestic company stock impacts their work.
A new study by the University of Toronto's Rotman School of Management found that caregiving dads are treated disrespectfully at work due to non-traditional gender roles. The study suggests that employees who violate traditional gender norms, such as men doing less caregiving and domestic tasks, face harassment in the office.
A new study by the University of Toronto's Rotman School of Management found that corporate philanthropy increases during mega-events like the Super Bowl and decreases during severe natural disasters. This suggests that local communities still matter to corporations, even in a globalized age.
A new study by researchers at the University of Toronto's Rotman School of Management and the Bank of Canada found that shorter lists of available investment options prove to be of higher quality than longer ones. The study used mathematical models and analysis of U.S. pension plans in 2007 to reach this conclusion.
A new study published in Journal of Experimental Social Psychology found that individuals with a focus on security tend to prioritize avoiding low status over maximizing gains. In contrast, those with a growth focus are more likely to pursue higher-value options.