African Americans Are Underrepresented on Corporate Boards
New report shows that African Americans, who make up 13
percent of the U.S. population, hold one in 12 seats on Fortune 500
company boards.
Although two-thirds of Fortune 500 companies have at least one
African American member on their corporate board, only 8 percent of
board seats are held by African Americans.
Lynn Perry Wooten, clinical assistant professor of corporate strategy and
management at Michigan's Stephen M. Ross School of Business, and colleague Erika
Hayes James of the University of Virginia's Darden Graduate School of Business
found that of the 5,572 total board seats for Fortune 500 companies, 449 belong
to African Americans.
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Corporate
Environmentalism and Public Policy
Drawing on prior work, Thomas P. Lyon and John W. Maxwell argue
that corporate environmentalism is the result of firms
attempting to anticipate public policy changes and influence the
legislative process in their best interests.
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Mutual Funds May Bite the Hand That Feeds Them—But Not Always
Researchers Jerry Davis and Han Kim of Michigan's Stephen M.
Ross School of Business say that a positive link exists between
a mutual fund company's volume of pension business and its
propensity to vote with management. More...
Warnings About False Claims Often Backfire with Older
Consumers
Telling people, especially older adults, that a consumer claim
is false can make them mistakenly remember it as true, say
University of Michigan marketing professors Norbert Schwarz and
Carolyn Yoon..
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Hosmer Luncheon (faculty only) LaRue T. Hosmer, former director of the Business School’s Magna Office of Entrepreneurial Strategies, taught at the Business School from 1971 to 1997. He created the luncheon series that bears his name as a forum for faculty to discuss their research and to foster interdisciplinary collaboration. Hosmer luncheon topics and speakers through December 2005