Market exit: Divestment or redeployment?

Multi-business firms have flexibility advantages over single-business rivals because they have the option to redeploy resources across businesses. This flexibility, it has been assumed without empirical evidence, is purported ...

The uneven benefits of CSR efforts

Whether they are in the technology or oil sector, selling shoes or healthcare products, for many companies, green is the new black. While maximizing profit might have been the sole priority for most businesses a decade ago, ...

Video shows students still get paddled in US schools

The image of a teacher paddling or spanking a student at school may seem to belong in a history book—as archaic a practice as the dunce cap. However, for thousands of students across America each year, the use of corporal ...

The psychological cost of corruption in developing countries

Corruption is a crime which slows economic growth, undermines development, and causes inequality. With a cost to the global economy estimated at around US$2.6 trillion (£1.8 trillion) a year, it is often linked to politics ...

Corporations agree to transparency on climate lobbying

Insurer American International Group Inc., railroad company CSX Inc. and electric companies Duke Energy Corp., FirstEnergy Corp. and Entergy Corp. have pledged to report publicly about their influence on climate policy and ...

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