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 Why China is worried about a second Trump presidency, and how Beijing might react Donald Trump will return to the White House having set out his foreign policy approach for the next four years. https://phys.org/news/2024-11-china-trump-beijing-react.html Economics & Business Political science Thu, 07 Nov 2024 14:51:29 EST news650213485 How informing shoppers can help fight inequality Recent elections, G20 summits, and CEO pay scandals have brought inequality to the forefront of the news. Economists often point out that decisions on, say, tax policy in this arena depend on society's—and individuals'—attitudes to inequality and fairness. But how you feel about a given inequality depends on how it affects you. Behavioral economics has traditionally examined two perspectives: stakeholders who are directly affected and spectators who view the issue impartially. While research has shown how people react to injustices they experience, studies of spectators reveal how people's principles drive their support for inequality-mitigating actions. https://phys.org/news/2024-11-shoppers-inequality.html Economics & Business Thu, 07 Nov 2024 13:24:53 EST news650208286 The digital transformation of Jordanian fintech A study in the International Journal of Economics and Business Research, looks at the part digital transformation has played in improving efficiency in financial systems across Jordan's public shareholding industrial companies. Information and communications technology has changed industries around the world and continues to do so. https://phys.org/news/2024-11-digital-jordanian-fintech.html Economics & Business Thu, 07 Nov 2024 12:55:20 EST news650206516 Why the 'Housing First' approach has struggled to fulfill its promise of ending homelessness Over the past 15 years, the Housing First approach has gained traction as an evidence-based solution to tackling homelessness in many developed countries, including Canada. https://phys.org/news/2024-11-housing-approach-struggled-fulfill-homelessness.html Social Sciences Economics & Business Thu, 07 Nov 2024 10:12:05 EST news650196721 Asset owners could drive investment in climate change mitigation, research suggests Asset owners who control substantial capital in the financial system through pension funds, endowments, foundations, and individual holdings can play a crucial role in driving investments in climate change mitigation, according to a new Yale School of the Environment study. https://phys.org/news/2024-11-asset-owners-investment-climate-mitigation.html Economics & Business Wed, 06 Nov 2024 16:36:03 EST news650133361 A researcher defines three types of teleworkers: Realistic, ambivalent and enthusiastic Companies are debating whether to look to teleworking or a mass return to the office, while a number of studies have focused on the advantages and disadvantages of teleworking. Recent research by the Universitat Oberta de Catalunya (UOC), published in the journal International Journal of Manpower, offers a new approach and analyzes this issue according to how employees themselves perceive remote work. Its results can help companies to better organize their management and increase employee satisfaction. https://phys.org/news/2024-11-teleworkers-realistic-ambivalent-enthusiastic.html Social Sciences Economics & Business Wed, 06 Nov 2024 16:23:04 EST news650132582 Employers hold sway in immigration bureaucracy Prioritizing unique and more educated applicants for temporary work visas, employers play a central but understudied role in the U.S. immigration bureaucracy, with implications for careers and American innovation, new Cornell research finds. https://phys.org/news/2024-11-employers-sway-immigration-bureaucracy.html Economics & Business Political science Wed, 06 Nov 2024 15:19:27 EST news650128763 Public pressure found to influence whether companies reduce their environmental impact The effectiveness of national voluntary programs asking companies to pledge to lower their pollution and greenhouse gas emissions depends on pressure from the public, according to a new study led by a Penn State researcher. https://phys.org/news/2024-11-pressure-companies-environmental-impact.html Social Sciences Economics & Business Wed, 06 Nov 2024 13:12:04 EST news650121117 More families purchased school meals after federal nutrition policies enacted, research suggests Families purchased more school lunches and breakfasts the year after the federal government toughened nutritional standards for school meals. A new University of California, Davis, study suggests that families turned to school lunches after the Obama administration initiative was in effect to save time and money and take advantage of more nutritious options. https://phys.org/news/2024-11-families-school-meals-federal-nutrition.html Economics & Business Political science Wed, 06 Nov 2024 13:11:49 EST news650121096 Multi-country study finds significant differences in how poverty is passed from parents to children Researchers from Stockholm University, Bocconi University, and the Rockwool Foundation have studied poverty's lasting impact across generations in wealthy countries. By examining the United States, Denmark, the United Kingdom, Australia, and Germany, the team found that welfare systems play a significant role in whether children born into poverty will remain poor as adults. https://phys.org/news/2024-11-multi-country-significant-differences-poverty.html Social Sciences Economics & Business Wed, 06 Nov 2024 11:38:03 EST news650115482 How imposter syndrome and a lack of self-confidence can hold small businesses back It might come as a surprise that most of the UK's income and employment is provided not by the big national or multinational companies we all recognize but by what are known as small and medium-sized enterprises (SMEs). https://phys.org/news/2024-11-imposter-syndrome-lack-confidence-small.html Social Sciences Economics & Business Wed, 06 Nov 2024 11:20:02 EST news650113493 New framework uses games of chance to put 'price' on intangible assets A new statistical model could help to address the age-old question of how to price non-physical, intangible goods like data, say scientists. https://phys.org/news/2024-11-framework-games-chance-price-intangible.html Mathematics Economics & Business Wed, 06 Nov 2024 09:48:36 EST news650108912 Public health initiatives needed to promote healthy working at home, say researchers Home-worker's perceptions of their workload and their ability to switch off after the working day are among a list of factors associated with health and well-being related behaviors. https://phys.org/news/2024-11-health-healthy-home.html Social Sciences Economics & Business Wed, 06 Nov 2024 09:40:01 EST news650107931 Study shows commercial ties influence ESG ratings and highlights need for regulation An analysis published in the Journal of Accounting Research uncovers evidence that conflicts of interest arising from commercial ties lead to bias in environmental, social, and governance (ESG) ratings. https://phys.org/news/2024-11-commercial-esg-highlights.html Economics & Business Wed, 06 Nov 2024 08:54:02 EST news650105642 Study assesses 'gendered space' in financial institutions in Pakistan In Islamic cultures, purdah, which literally means "curtain," is a practice that involves the seclusion of women from public observation and the enforcement of high standards of female modesty. Research published in the Journal of Management Studies examines the significance of purdah (spatial modesty) in gender relations in financial institutions in Pakistan. https://phys.org/news/2024-11-gendered-space-financial-pakistan.html Social Sciences Economics & Business Wed, 06 Nov 2024 08:52:02 EST news650105521 Firms that read more perform better: Researchers analyze online reading habits from employees across firms worldwide By analyzing online reading behavior across millions of firms worldwide, a new study out of the Complexity Science Hub (CSH) connects how much information companies consume and how the consumption relates to their size. https://phys.org/news/2024-11-firms-online-habits-employees-worldwide.html Economics & Business Tue, 05 Nov 2024 19:00:01 EST news650023317 Conspicuous consumption may have evolutionary roots, researchers suggest It's sometimes said that people buy products they don't really need, with money they don't really have, to impress people they don't really like. This behavior is known as conspicuous consumption because these consumers want others to see them with the product. https://phys.org/news/2024-11-conspicuous-consumption-evolutionary-roots.html Social Sciences Economics & Business Tue, 05 Nov 2024 17:12:03 EST news650049121 Text and facial expressions drive success in charitable crowdfunding A study conducted by researches from Ocean University of China, published in Financial Innovation, presents a novel model to investigate the role of emotions in charitable crowdfunding. Grounded in emotional contagion theory and language-mediated association theory, this research develops a framework to examine how textual and facial emotions affect crowdfunding outcomes. The research team first collected a comprehensive dataset by observing the facial expressions of campaign initiators and analyzing the emotional content of their narratives. https://phys.org/news/2024-11-text-facial-success-charitable-crowdfunding.html Social Sciences Economics & Business Tue, 05 Nov 2024 16:05:35 EST news650045130 What can marketers learn from the Caitlin Clark vs. Angel Reese basketball rivalry? Focus on intersectionality Researchers from University of Washington, Loyola Marymount University, and University of Texas-Austin have published a new study that provides a framework for how marketing research can better incorporate intersectional marketing practices. https://phys.org/news/2024-11-caitlin-clark-angel-reese-basketball.html Social Sciences Economics & Business Tue, 05 Nov 2024 15:25:38 EST news650042733 Downward mobility from top backgrounds in the UK is even rarer than previously thought Only a tiny fraction of children from the most privileged backgrounds will end up in working class jobs, suggesting that social mobility in the UK may be even more limited than previously thought. https://phys.org/news/2024-11-downward-mobility-backgrounds-uk-rarer.html Social Sciences Economics & Business Tue, 05 Nov 2024 15:08:01 EST news650041677 How project governance helps navigate public-private 'coopetition' tensions The Ariane 6 project, Europe's new space launcher, is in the headlines as the European Space Agency (ESA) and ArianeGroup push for its first launch in 2024. This high-profile initiative has faced delays, but it remains a cornerstone of European ambitions in space. The project is a significant example of public-private collaboration, with private-sector partners playing a key role alongside the ESA. https://phys.org/news/2024-11-private-coopetition-tensions.html Economics & Business Tue, 05 Nov 2024 12:40:01 EST news650032064 Professor-turned-welder shares her experience in the trade Although I have a good gig as a full professor at Iowa State University, I've daydreamed about learning a trade—something that required both my mind and my hands. https://phys.org/news/2024-11-professor-welder.html Social Sciences Economics & Business Tue, 05 Nov 2024 12:36:04 EST news650032561 Sensitive yet empathetic: The dual nature of highly sensitive persons in the workplace Work stress is a prevalent issue globally, and a recent study from Japan highlights a distinct group of employees who perceive stress in a unique way. Highly sensitive persons (HSPs), known for their heightened sensitivities to external stimuli, tend to experience higher levels of stress and display increased empathy, offering potential benefits to their organizations. https://phys.org/news/2024-11-sensitive-empathetic-dual-nature-highly.html Social Sciences Economics & Business Tue, 05 Nov 2024 11:54:03 EST news650030041 Elon Musk has gone all in for Trump—here's what's at stake for the world's richest man in the US election Elon Musk is supporting Donald Trump in his quest to regain the American presidency. He has committed millions of dollars to a pro-Trump "political action committee" (PAC) and has appeared alongside Donald Trump at some of his rallies. https://phys.org/news/2024-11-elon-musk-trump-stake-world.html Economics & Business Political science Tue, 05 Nov 2024 09:21:03 EST news650020861 Mapping the maze where the IRS could find billions in unpaid taxes In 2021, the difference between what U.S. taxpayers owed the federal government and what they paid hit nearly $700 billion. This "tax gap" has been growing for years while the Internal Revenue Service's budget has shrunk, declining by 18% between 2010 and 2021. The audit rate for millionaires fell by more than 70% in roughly that same period. https://phys.org/news/2024-11-maze-irs-billions-unpaid-taxes.html Economics & Business Tue, 05 Nov 2024 09:07:12 EST news650020027 Missing a deadline has a bigger impact than you might think, according to study Missing a deadline has more complex consequences than you might think. Researchers at the University of Toronto found that if you submit a piece of work late, people will think it's lower in quality than if you were to submit the exact same work on time or early. https://phys.org/news/2024-11-deadline-bigger-impact.html Social Sciences Economics & Business Tue, 05 Nov 2024 07:19:04 EST news650013542 To a great degree, Ecuadorian oil profits end up in the Global North Research by the University of the Basque Country (UPV/EHU) reveals an unbalanced distribution of the impacts generated by the exploitation of two blocks in the Amazon. https://phys.org/news/2024-11-great-degree-ecuadorian-oil-profits.html Social Sciences Economics & Business Tue, 05 Nov 2024 03:59:28 EST news650001556 Study explores how Rwanda and Ethiopia tried to shape the future of development in Africa Contemporary economic challenges in Africa appear to be shifting the continent into a new era of development. From COVID-19 to war-induced inflation, many countries in Africa are facing significant economic challenges. The crises of recent years come on top of longer-term increases in debt, especially after the 2014 commodity price shock. https://phys.org/news/2024-11-explores-rwanda-ethiopia-future-africa.html Economics & Business Political science Mon, 04 Nov 2024 21:40:01 EST news649949912 Research shows affiliation-based hiring can have benefits and pitfalls, depending on proximal and distal ties Affiliation-based hiring tactics appear to help young firms access and retain higher-quality employees, leading to better performance—provided the connections are appropriate for the firm's needs. According to a study published in Strategic Management Journal, ventures perform better when they hire founders' proximal employment ties in the early stages; however, the effect is tempered when founders hire their former schoolmates. https://phys.org/news/2024-11-affiliation-based-hiring-benefits-pitfalls.html Economics & Business Mon, 04 Nov 2024 16:59:03 EST news649961941 Exploring the extraordinary potential (and avoiding the pitfalls) of your local Buy Nothing group You might have heard about your local Buy Nothing Project group on Facebook. If not, you probably know someone who's a member. We estimate at least one million Australians are involved as members or live in households with a member (probably their mum). https://phys.org/news/2024-11-exploring-extraordinary-potential-pitfalls-local.html Social Sciences Economics & Business Mon, 04 Nov 2024 14:10:04 EST news649944535