Do Corporate ESG Pledges Really Benefit Stakeholders?
CBS Professor Shivaram Rajgopal finds that businesses that claim to be acting in stakeholders’ best interests show no signs of changed behavior.
CBS Professor Shivaram Rajgopal finds that businesses that claim to be acting in stakeholders’ best interests show no signs of changed behavior.
During a discussion at Columbia Business School, the newly reappointed EU climate commissioner stressed the need for better alignment between Europe and the U.S., the challenges of global competition, and the role of carbon pricing in reducing emissions.
New research shows that while returning to in-office work can boost employee engagement, popular self-affirmation techniques may unexpectedly increase burnout.
Prior to 2009, women made up only 8 percent of the directors of U.S. corporate boards. By 2019, the figure increased to 19 percent among public firms, but for private firms it was roughly unchanged.
The gender pay gap is a hot topic among business leaders, policy makers and the public. The difference between men’s and women’s salaries is a clear-cut measure of gender equity. Yet, it doesn’t tell the whole story. A limited focus on pay excludes the value of non-pay job attributes, such as benefits, hours flexibility and other amenities.
Digital media platforms such as Netflix, Facebook, and TikTok are under increasing scrutiny regarding the ethical implications of their personalized content recommendations. To combat bias and avoid skewed content suggestions, sophisticated algorithms can perform additional layers of analysis to ensure that recommendations give space to topics such as racial equity, sexuality, and political persuasion. However, doing this in real time with the conventional algorithmic approach would greatly increase page-load times and create a frustrating user experience.
Policymakers and international organizations like the United Nations have suspected that local banks play a role in improving healthcare outcomes in developing countries. New research affiliated with the Bernstein Center for Leadership and Ethics takes a broad look at bank services in developing countries and uncovers surprising links between healthcare marketplaces and positive community outcomes.