Showing 40 of 44 articles
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THE WATCHERS ON THE WALL
A new study examines the impact of local newspapers on their communities, particularly in light of increasing media consolidation and journalistic decline. Researchers found that the absence of local journalists can significantly raise municipal borrowing costs, as local governments perceived as less transparent are considered riskier by lenders. The study draws connections between journalistic loss and instances of government corruption, underscoring the critical role local newspapers play in fostering accountability and informing residents.
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4 FEEDBACK TIPS TO DRIVE ETHICAL BEHAVIOR
Feedback can shape a workplace culture that values both success and ethics. By praising effort over innate ability, reframing failure as a growth opportunity, providing regular coaching, and fostering intrinsic motivation, leaders can create an environment where employees feel supported and valued. For more insights on ethical leadership practices, visit the Notre Dame Deloitte Center for Ethical Leadership.
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NEWS
Three Disney executives visited the Innovation and Design Thinking course at Mendoza College of Business, challenging students to envision what the Disney Channel will look like in 2025. Through hands-on projects that included creating ethnographies and journey maps, students worked in teams to design concepts that would appeal to future audiences and ultimately had the opportunity to present their ideas to Disney executives in California. In other updates, K.J. Martijn Cremers has been appointed interim dean of Mendoza College, and Jessica McManus Warnell received a prestigious teaching award from the United Nations for her work in promoting responsible management education.
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PARENTAL INFLUENCES ON CHILDHOOD OBESITY
Elizabeth Moore has dedicated her career to understanding the influence of food advertising on children's health, contributing significantly to academic discussions on childhood obesity. In her recent study, she and her co-authors explored how different parenting styles impact children's risk of becoming overweight, emphasizing that Authoritative parenting leads to healthier outcomes compared to other styles. Moore raises critical points about cultural perceptions of weight and the challenges parents face in promoting healthy eating habits in an environment that often normalizes obesity.
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SHIFTING FEES AND INCREASING RESTATEMENTS
The Sarbanes-Oxley Act aimed to restore trust in corporate financial practices after major scandals, but new research suggests a worrying trend is emerging. As audit fees decline due to pressure from companies, accounting firms are increasingly prioritizing non-audit services like consulting, which may compromise the quality of audits. This study, conducted by Erik Beardsley and his colleagues, highlights the potential risks to audit integrity and raises concerns over auditor independence.
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WHEN ‘DOING GOOD’ HAS ITS DOWNSIDES
Investing in corporate responsibility can be a gamble for CEOs, as research suggests there's no clear link between social responsibility efforts and firm performance. TIAA-CREF's decision to divest from Coca-Cola highlights a broader trend where companies face increased pressure from socially conscious investors, employees, and consumers. As firms produce more CSR reports, the balancing act between ethical practices and profitability becomes increasingly complex.
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4 WAYS TO USE POWER ETHICALLY
Recent research reveals practical strategies for using power ethically, countering the idea that power inherently corrupts. Key tips include focusing on the responsibility that comes with authority, developing a strong moral identity, encouraging open dialogue among team members, and finding mentors to provide honest feedback. These insights aim to foster a healthier culture of leadership. For more resources on ethical leadership, visit the Notre Dame Deloitte Center for Ethical Leadership.
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FACULTY IN THE NEWS
Recent insights from Mendoza faculty cover a range of topics, from the financial benefits of health information exchanges to the complexities of social dynamics in tailgating. Experts discuss Amazon's expansion strategies, the implications of the Equifax data breach, and the struggles of students tackling challenging classes. The collection also touches on corporate ethics in the tech industry, enhancing interactions with difficult colleagues, and shifts in global trade dynamics. Each piece provides a unique perspective on current issues impacting business and society.
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HEAVY LIES THE CROWN
revealed that many CEOs grapple with significant anxiety, despite their outward confidence. Professor Viva Bartkus and her colleagues explored how this anxiety influences their decision-making processes, finding that behind the facade of corporate leadership lies a diverse range of personalities and coping methods. The research underscores the pressures faced by top executives and offers important insights into the complexities of their roles.
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HIGH FINANCE
Greg Kaniecki's experience on a high ropes course during a retreat for the inaugural Investment Management Leadership Program (IMLP) exemplifies the program's commitment to teaching leadership through hands-on challenges. Selected among 128 applicants, Kaniecki and his peers will benefit from mentoring, internships, and courses designed by the Notre Dame Institute for Global Investing (NDIGI) to enhance their finance education. NDIGI, established in 2015, continues to innovate with programs focused on ethical finance and increasing diversity in the industry, laying a strong foundation for the future leaders of finance.