Economics & Business Research News - Science News https://phys.org/science-news/economics-business en-us The latest news on economics research, business research, management sciences Analysis reveals that harsh workplace climate is pushing women out of academia Women faculty are more likely to leave academia than men faculty throughout all career stages in U.S. universities, University of Colorado Boulder researchers revealed in the most comprehensive analysis of retention in academia to date. https://phys.org/news/2023-10-analysis-reveals-harsh-workplace-climate.html Economics & Business Education Fri, 20 Oct 2023 14:00:01 EDT news617010001 Researchers peer into the black box of airline pricing and find some surprises Buy your ticket on a Tuesday. Search in your browser's incognito mode. Use a VPN to pretend you live in Suriname. https://phys.org/news/2023-10-peer-black-airline-pricing.html Economics & Business Fri, 20 Oct 2023 13:55:22 EDT news617028906 New data show employee owned businesses deliver an 8 to 12% productivity boost New research suggests the fast-growing UK employee ownership sector is markedly outperforming the UK's national productivity trend while simultaneously contributing to employee well-being, fair pay, community resilience and commitment to net zero. https://phys.org/news/2023-10-employee-businesses-productivity-boost.html Economics & Business Fri, 20 Oct 2023 12:56:04 EDT news617025362 Q&A: The rise of younger, less experienced bosses in the workplace If you're older than your boss, you're not alone. https://phys.org/news/2023-10-qa-younger-experienced-bosses-workplace.html Social Sciences Economics & Business Fri, 20 Oct 2023 12:53:04 EDT news617025182 NZ's always-on culture has stretched the 8-hour workday—should the law contain a right to disconnect? When Wellington carpenter Samuel Parnell began the struggle for an eight-hour working day back in 1840, he could have never foreseen how modern work culture would evolve. But he would no doubt empathize with the challenges faced by today's workers. https://phys.org/news/2023-10-nz-always-on-culture-hour-workdayshould.html Economics & Business Political science Fri, 20 Oct 2023 11:57:03 EDT news617021821 Study finds startup workers fled for bigger, more established companies during pandemic The world may have felt like it had stopped in the pandemic's first weeks. But a "flight to safety" was underway at a popular digital job platform catering to the startup sector. https://phys.org/news/2023-10-startup-workers-fled-bigger-companies.html Economics & Business Thu, 19 Oct 2023 17:21:03 EDT news616954861 How fintech firms can advance sustainability goals "Impact Fintech" is a new term coined by researchers at the University of Waterloo's School of Environment, Enterprise and Development which describes a new category of financial technology firm—one that moves beyond ESG standards and instead embraces the UN's Sustainable Development Goals (SDGs). https://phys.org/news/2023-10-fintech-firms-advance-sustainability-goals.html Economics & Business Thu, 19 Oct 2023 15:42:03 EDT news616948922 New report reveals BP and Shell divestment by small investors offset by mega-shareholder buys Any divestment from BP and Shell by investors is cancelled out by the top 20 mega-shareholders' acquisition of shares according to new report from the Center for Climate Crime and Climate Justice at Queen Mary University of London https://phys.org/news/2023-10-reveals-bp-shell-divestment-small.html Economics & Business Thu, 19 Oct 2023 15:14:03 EDT news616947241 The role of supply chain in knowledge transfer: A case study of South African automotive industry Unemployment among the youth is a serious problem in many developing countries, especially in Africa. This issue stems in great part from a stagnant manufacturing sector. Firms in African countries have failed to grow significantly over the past decade, leading to fewer job positions for the youth. https://phys.org/news/2023-10-role-chain-knowledge-case-south.html Economics & Business Thu, 19 Oct 2023 14:51:04 EDT news616945862 Scientists suggest eight practical measures to help managers prevent quiet quitting occurrence in their companies Researchers provide eight practical suggestions to managers to prevent the occurrence of quiet quitting in the first place, as well as effectively handling it once it occurs. https://phys.org/news/2023-10-scientists-quiet-occurrence-companies.html Economics & Business Thu, 19 Oct 2023 14:48:03 EDT news616945681 Machine learning highlights ways to improve flood mitigation Flooding in the United States costs communities more than $32 billion each year. As climate change drives increasingly severe and erratic storm events, experts project that figure to rise in coming years: Forecasts estimate that flood risk will increase by more than 26% by 2050. Because of socioeconomic inequalities in flood risk mitigation, flooding disproportionately affects metropolitan areas with larger populations of Black, Indigenous, and People of Color (BIPOC) residents. https://phys.org/news/2023-10-machine-highlights-ways-mitigation.html Social Sciences Economics & Business Thu, 19 Oct 2023 14:21:11 EDT news616944068 Researchers urge alliances to ensure supply chain security Understanding supply networks could have a significant impact on improving supply security, promoting and objective monitoring of the green transition, strengthening human rights compliance, and reducing tax evasion. International alliances are needed for such an understanding, as emphasized by a research team led by the Complexity Science Hub in a recent commentary in Science. https://phys.org/news/2023-10-urge-alliances-chain.html Economics & Business Thu, 19 Oct 2023 14:00:01 EDT news616923867 Stress levels in Australian workplaces among the highest as workers battle interruptions and irritating colleagues As more companies mandate the amount of time to be spent in the office, employee stress levels are on the rise. https://phys.org/news/2023-10-stress-australian-workplaces-highest-workers.html Social Sciences Economics & Business Thu, 19 Oct 2023 12:20:04 EDT news616936801 Building economic resilience in the face of crises and climate Research published in the International Journal of Sustainable Economy has looked at the interplay between climate variability and the financial health of listed companies in Vietnam with a particular focus on the impact of the COVID-19 pandemic. https://phys.org/news/2023-10-economic-resilience-crises-climate.html Economics & Business Wed, 18 Oct 2023 15:28:03 EDT news616861681 Nonprofits can become more resilient by spending more on fundraising and admin, according to new research Most food banks, homeless shelters and other social services nonprofits constantly face hard decisions about how to use their limited funds. Should they spend as much as possible on meeting the immediate needs of people who need help? How much of their budget is appropriate to spend on new equipment, skilled managers and everything else required for an organization to thrive and endure? https://phys.org/news/2023-10-nonprofits-resilient-fundraising-admin.html Economics & Business Political science Wed, 18 Oct 2023 14:07:03 EDT news616856821 Traditional shopping center experience transformed by COVID-19 A researcher has found that—in the post-COVID era—shoppers now seek functional and transactional value, rather than fun and social interactions when visiting a shopping center. https://phys.org/news/2023-10-traditional-center-covid-.html Social Sciences Economics & Business Wed, 18 Oct 2023 12:36:03 EDT news616851361 Green vote fades where import competition scares people, research suggests New research by Valentina Bosetti (Department of Economics) and Italo Colantone (Department of Social and Political Sciences) suggests that Western policymakers wanting to make progress on climate action should address the distributional consequences of international trade. https://phys.org/news/2023-10-green-vote-import-competition-people.html Economics & Business Political science Wed, 18 Oct 2023 10:16:04 EDT news616842961 Founder personality could predict start-up success, study suggests The stats don't lie—the overwhelming majority of start-up companies fail. So, what makes the seemingly lucky few not only survive, but thrive? https://phys.org/news/2023-10-founder-personality-start-up-success.html Social Sciences Economics & Business Wed, 18 Oct 2023 08:28:05 EDT news616836482 Familiarity breeds contempt for moral failings, research suggests People judge members of their own circles more harshly than they judge individuals from other groups for the same transgressions, according to new Cornell University research. https://phys.org/news/2023-10-familiarity-contempt-moral.html Social Sciences Economics & Business Tue, 17 Oct 2023 16:49:04 EDT news616780140 SEC insider trading rule has loopholes, says study A rule to limit trading based on nonpublic stock information has limited effectiveness, according to a recent study by Texas McCombs Finance Professor Robert Parrino. https://phys.org/news/2023-10-sec-insider-loopholes.html Economics & Business Tue, 17 Oct 2023 16:44:37 EDT news616779873 Accounting is facing a labor crisis. Could fraud be part of the solution? The field of accounting is facing a labor crisis. From the high rates of baby boomer CPAs that are retiring to the 4% decline in the number of college graduates earning a bachelor's or master's degree in accounting since the pandemic, accounting is steadily losing members of its work force. https://phys.org/news/2023-10-accounting-labor-crisis-fraud-solution.html Economics & Business Tue, 17 Oct 2023 16:34:51 EDT news616779289 Federal grants for pollution remediation increase property values around the Great Lakes Nearly $1.23 billion has been spent by the U.S. government since 2004 on the cleanup of toxic pollutants in waterways resulting from manufacturing activities in historic areas around the Great Lakes. https://phys.org/news/2023-10-federal-grants-pollution-remediation-property.html Economics & Business Political science Tue, 17 Oct 2023 16:12:03 EDT news616777922 Study finds social media photos may drive new customers away Social media marketers sharing photos of people vacationing in exotic locales or attending events at exclusive venues may actually be driving new customers away, according to a recently published Tulane University study. https://phys.org/news/2023-10-social-media-photos-customers.html Social Sciences Economics & Business Tue, 17 Oct 2023 14:23:04 EDT news616771379 Economists propose algorithm for flexible management of innovative enterprise for sustainable development Economists from RUDN University have created a methodology based on mathematical modeling to manage production effectively with rapidly emerging innovations. The results were published in Sustainability. https://phys.org/news/2023-10-economists-algorithm-flexible-enterprise-sustainable.html Mathematics Economics & Business Tue, 17 Oct 2023 13:45:02 EDT news616769101 Gig economy, cost of living crisis, housing hostility: Young Australians are feeling worse off than their parents Researchers from Monash University are looking at the link between insecure work and how young Australians are navigating post-school pathways such as employment, income and housing. https://phys.org/news/2023-10-gig-economy-crisis-housing-hostility.html Social Sciences Economics & Business Tue, 17 Oct 2023 13:43:04 EDT news616768981 Nearly half as many people are launching businesses compared to 20 years ago, finds Canadian study Despite a population of 40 million, Canada has 100,000 fewer entrepreneurs than it did 20 years ago, according to a BDC study conducted in collaboration with the Université de Montréal Innovation Center and Millénium Québecor and released as part of BDC Small Business Week. https://phys.org/news/2023-10-people-businesses-years-canadian.html Economics & Business Tue, 17 Oct 2023 13:40:03 EDT news616768801 How smaller businesses can become net-zero influencers and enablers What if all of the UK's 48,000 hairdressing salons and barbershops started sharing water and energy-saving advice with their clients, alongside a clipper cut or a wash and blow dry? Previous studies have demonstrated that hairdressers can shape customers' environmental behavior with guidance they can trust and that relates to their everyday lives. https://phys.org/news/2023-10-smaller-businesses-net-zero-enablers.html Economics & Business Political science Tue, 17 Oct 2023 12:56:04 EDT news616766161 Opinion: The World Bank and the IMF need to keep reforming to become fit for purpose The World Bank and the International Monetary Fund are being challenged to make substantial reforms so that they become fit for purpose in the 21st century. https://phys.org/news/2023-10-opinion-world-bank-imf-reforming.html Economics & Business Political science Tue, 17 Oct 2023 12:51:03 EDT news616765861 Four affordable housing strategies that are working in Canada Cities like Vienna or Singapore are often referenced in news headlines proposing solutions for Canada's housing crisis. But the arguments in favor of the strategies employed by these far-away cities often only skim the surface and can be easily dismissed with a response of "this will never work here." https://phys.org/news/2023-10-housing-strategies-canada.html Economics & Business Political science Tue, 17 Oct 2023 12:11:04 EDT news616763462 Unveiling real-time economic insights with search big data Economic indicators released by the government are pivotal in shaping decisions across both the public and private sectors. However, a significant limitation of these indicators lies in their timeliness, as they rely on macroeconomic factors like inventory turnover and iron production. For instance, in the case of Japan Cabinet Office's Indexes of Business Conditions, the indices are typically released with a two-month delay. https://phys.org/news/2023-10-unveiling-real-time-economic-insights-big.html Economics & Business Mon, 16 Oct 2023 16:50:02 EDT news616693801