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Too Woke to be True? How Wokewashing Undermines the Credibility of CEO Sociopolitical Communications  

An increasing number of CEOs are nowadays taking public stances on sociopolitical issues. The authenticity of these CEO sociopolitical communications or “CEO activism,” however, cannot be taken for granted. Even purportedly socially conscious companies sometimes take actions inconsistent with their … Continue reading Too Woke to be True? How Wokewashing Undermines the Credibility of CEO Sociopolitical Communications  

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Incoming CEO’s Political Views May Drive Director Departure in a Firm, New Study Shows

Voicing one’s political view is no longer a taboo. People’s political ideologies pervade almost every aspect of their lives. For example, researchers have identified that people choose to associate with individuals with similar political beliefs and avoid colleagues who share … Continue reading Incoming CEO’s Political Views May Drive Director Departure in a Firm, New Study Shows

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Stock Purchases by U.S. Senators are More Valuable to Investors Than Information About Lawmakers’ Stock Trades

Firms may be well-served to target an expanded breadth of government. By Sarah Steimer There’s been a lot of noise in recent years about lawmakers’ stock purchases and new research in the Strategic Management Journal found stock purchases by U.S. Senate … Continue reading Stock Purchases by U.S. Senators are More Valuable to Investors Than Information About Lawmakers’ Stock Trades