UConn Today – Multinational conglomerate Berkshire Hathaway bought CEO Warren Buffett’s struggling hometown newspaper. Amazon acquired Whole Foods, which is headquartered in the same state where CEO Jeff Bezos grew up and owns a home.
New research shows these deals aren’t coincidences. Companies are 2.5 times more likely to acquire firms headquartered in the state where their CEO grew up than similar firms located elsewhere, the study found.
UConn Today – Shoppers who win retail discounts through scratch-off tickets or other games of chance are more likely to make a purchase, and spend more money, than customers offered standard discounts that apply to everyone, according to a new study led by the University of Connecticut.Continue Reading
UConn Today – If a company wants a leader who is committed to corporate social responsibility, it would be wise to hire a married man. Married men in the top leadership jobs typically have greater concern for their employees’ well-being, and are more accepting of diverse employees, than are their non-married peers.
As part of their professional responsibilities, external auditors must assess a cornerstone assumption of financial accounting: namely, whether there is substantial doubt that the company, whose financials they are examining, will continue to operate as a ‘going concern’ (GC). If they conclude that such doubt exists, they must disclose this in their audit opinion. Continue Reading
A chaotic, mass-casualty, emergency response drill proved the ideal setting for management Ph.D. candidate Semin Park to test a theory about how dynamic conflict relations emerge and evolve over time. Continue Reading
To say Blockchain is a complex concept is an understatement. But to say it’s crucial for savvy business leaders to wrap their heads around it is too.
That’s why the UConn School of Business’ Connecticut Information Technology Institute (CITI) is grabbing the bull by the horns, bringing insights on the emerging and highly adaptable technology to those who need it through workshops, a DappDevs Blockchain chapter, the first-ever Blockchain symposium, and creating new classes this semester. Continue Reading