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Wharton Profs. to Present on Corporate Governance, Vaccine Uptake and Housing Market at Wharton Seminars for Business Journalists Virtual Program, June 2 Share Article PHILADELPHIA (PRWEB) April 21, 2021 What: The Wharton School is pleased to invite business journalists to apply for the next virtual Wharton Seminars for Business Journalists program. The June 2021 program will feature Wharton professors Katy Milkman, Ben Keys and Mary-Hunter McDonnell who will present on “The Science of Behavior Change,” “Unpacking the COVID-19 Housing Bubble” and “How Corporate America Responds to Contentious Social Environments, respectively. Through intensive lectures and expert Q&A the Seminars, led by the Wharton School’s most prominent professors, help reporters gain a better understanding of key business and economic issues. For more than 50 years, the Seminars have offered participants an opp ....
When boycotts or protests take place because of the stance a company takes on climate change or social issues, some directors end up quitting governing boards, new research finds. Firms that are boycotted experience a 7% increase in board director turnover, according to Academy of Management Insights published in Academy of Management Journals. An increase in board turnover happens because corporate crises that arise after companies publicly take sides on contentious social issues also test the beliefs of its directors, and those beliefs influence how they behave during and after boycotts. “Directors must believe in the values of the firms they represent,” says Mary-Hunter McDonnell of the University of Pennsylvania and co-author of the study. “While existing research has shown that boards of directors are most concerned with a company’s market performance, what we learned is that directors are also sensitive to social performance.” ....
» Jeff Bezos stepping down as Amazon CEO signals that we re nearing the end of the founder-CEO era in Big Tech. Here s what it means for a company when its founder takes a step back. Jeff Bezos stepping down as Amazon CEO signals that we re nearing the end of the founder-CEO era in Big Tech. Here s what it means for a company when its founder takes a step back. Lisa EadiciccoFeb 7, 2021, 18:17 IST Getty Images Amazon and will take on a new role as executive chairman. Facebook will be the only tech company in the big five that still has its founder as its CEO. ....
C Jeff Bezos will be stepping down as CEO of Amazon and will take on a new role as executive chairman. Facebook will be the only tech company in the big five that still has its founder as its CEO. This type of transition is common because it keeps the company s key visionary involved in big decisions. Amazon CEO Jeff Bezos announced on Tuesday that he will be stepping down as the CEO of the online retail empire he founded in 1994 and evolved into one of the world s most valuable technology companies. Andy Jassy, a long time lieutenant of Bezos and CEO of the company s booming cloud business, will replace him in the third quarter of 2021. But that doesn t mean Bezos is done with Amazon; he ll be stepping into a new role as executive chairman that will involve weighing in on big-picture decisions like product strategy and new projects. ....