How Stock Price Volatility in Closely Held Firms Distorts Capital Allocation
Chris Ikosa
May 20, 2024
Firms with concentrated ownership fear stock price fragility and conserve cash at the expense of capital investments and R&D, a new study finds. Closely held companies worry about volatility in their share prices, tend to conserve cash, and consequently cut back on new investments and R&D outlays, according to a new research paper by […]
Three Things All New Managers Should Be Doing
Peter CappelliMay 14, 2024
New managers typically receive no training for their new role. Wharton’s Peter Cappelli discusses three common struggles and how to avoid them. The following article was originally published by Wharton Executive Education. A recent report showed that 59% of managers said that they had received no training on how to be a manager before […]
Life After Prison: Why Returning Citizens Become Entrepreneurs
Damon J. PhillipsMay 14, 2024
Research from Wharton’s Damon J. Phillips finds that people who have been incarcerated, especially Black men, seek entrepreneurship as an alternative to low wages and a lack of opportunity in traditional employment. People who have been incarcerated are more likely to turn to entrepreneurship after prison to overcome discrimination in the labor market, especially formerly […]
The YouTube Algorithm Isn’t Radicalizing People: Why User Choice Matters on Social Media
Duncan WattsMay 8, 2024
A new study from the Computational Social Science Lab finds that the YouTube recommendation system is less influential on users’ political views than is commonly believed. The following article was originally published by the Annenberg School for Communication. About a quarter of Americans get their news on YouTube. With its billions of users and […]
Sponsorship vs. Professional Mentoring for Women Leaders | Nancy Rothbard
Nancy RothbardApril 30, 2024
Professor Nancy Rothbard explains how mentors and sponsors can impact women’s careers. What’s the Difference Between Sponsorship and Professional Mentoring? Dan Loney: While the importance of mentors in a career has been well-documented, there is also quite a bit of discussion about how a sponsor can play a vital role, especially for women. It’s […]
Your Career in Journalism Is Over. Now What?
Amy WrzesniewskiApril 30, 2024
When dealing with occupational instability in fields like journalism, a new mindset could make all the difference, says Wharton’s Amy Wrzesniewski. Wharton management professor Amy Wrzesniewski and INSEAD’s Winnie Jiang studied the shrinking field of journalism to better understand how workers grapple with occupational instability and declining careers. Their co-authored paper, “Perceived Fixed or […]
How Does ESG Emphasis Impact a Company’s Value?
Serguei NetessineApril 23, 2024
Research co-authored by Wharton’s Serguei Netessine examines how discussing nonmaterial and material ESG factors in companies’ earnings calls influences their overall worth. In a clear stance last spring, Bank of America’s CEO Brian Moynihan underscored the lender’s commitment to profits, declaring: “We are capitalists.” While this might seem like an obvious affirmation for a […]
Want to Achieve Your Dreams? Try Subdividing Your Goals
Angela Duckworth, Katherine Milkman, Marissa A. SharifApril 23, 2024
Breaking down big work goals into smaller components can enhance long-term success significantly, Wharton research shows. Have a massive, daring goal in mind? Breaking it into smaller steps can help you achieve your dreams. A research paper led by Wharton PhD alumni Aneesh Rai and Edward Chang and co-authored by Wharton professors Marissa Sharif, […]
How to Protect Intellectual Property in the Age of AI
Scott A. SnyderApril 16, 2024
With AI moving at breakneck speed, senior executives need to understand the new realities of intellectual property and patents, write Wharton’s Scott Snyder and co-author Mark Pecen. The following article was written by Scott A. Snyder, a senior fellow at Wharton, adjunct professor at Penn Engineering, and chief digital officer at EVERSANA; and Mark […]
AI and the Workforce: How Gen AI Can Help Employees Flourish
Angie BasiounyApril 16, 2024
In a recent AI at Wharton webinar, experts discussed the latest research on gen AI and how it can best benefit employees. The following article was originally published by AI at Wharton. When deployed correctly, generative artificial intelligence can help employees become more innovative, free them from mundane tasks, and improve their communication skills. […]