In an era where high-quality and safe products are a core pillar of corporate social responsibility, the proliferation of product recalls across a wide range of industries, including medical devices, automobiles, pharmaceuticals, and consumer products, points to an urgent need to understand the underlying causes, managerial decision-making processes, and societal impacts associated with these recalls…. Read more »
In an insightful study, Ivan Ivanov, Mathias Kruttli, and Sumudu Watugala delve into the financial risks brought on by carbon pricing and the shift to a low-carbon economy. These risks impact greenhouse gas-emitting firms and their lenders, prompting critical questions about financial stability. The study zeroes in on major U.S. climate change policies, notably the… Read more »
In her recent research, Professor Dionne Nickerson dives deep into how consumers are more likely to engage with brands making genuine efforts to rectify past environmental or social harm. The study reveals that corrective and compensating actions by businesses, designed to address their specific harmful practices, can boost sales significantly. Corrective actions – concrete operational… Read more »
In today’s interconnected world, our individual health decisions have a significant impact on the fabric of society. Professors Helen Colby and Meng Li shed light on this topic in their enlightening article. They delve into a specific example: the annual decision to get the flu shot. Contrary to what one might expect, presenting logical facts… Read more »