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UrduCompanies that appoint directors with a track record of questionable professional conduct cause an increase in reckless corporate risk-taking and could see up to 64 per cent of a firm’s value knocked off, a new study has found.
Tag: corporate accountability
DSW Joins the On Our Sleeves® Movement for Children’s Mental Health
DSW has joined the On Our Sleeves® movement, committing to a national in-store campaign. Between Aug. 1-Oct. 31, DSW customers will have the option to round-up their purchase, or donate $1, $3, $5 or an additional amount of their choice during checkout at approximately 500 stores.
Fraudulent Financial Reporting and the Consequences for Employees
In this research, Jung Ho Choi, Assistant Professor of Accounting at Standford Graduate School of Business (GSB) and Brandon Gipper, Associate Professor of Accounting at Standford (GSB), combine U.S. Census data with SEC enforcement actions to examine employees’ outcomes, such as…
Faced with competition, companies double down on corporate social responsibility
When faced with increased competition, one might expect companies to pull back from investments in employee safety training, environmental protections, and their local communities—activities that show them to be good corporate citizens, but might not directly contribute to their financial returns.
Medical manufacturers with female directors act more quickly and frequently on product recalls
Medical product companies, such as those that make pharmaceuticals and medical devices, make recall decisions quite differently as women are added to their board of directors, according to a new study by professors at four universities, including Indiana University.