The appointment of activist-nominated directors is an emerging phenomenon, but they’ve come with increased reports of stakeholder harm. A new study published in Strategic Management Journal found that activist directors bring immediate benefits to shareholders, but they appear to impose a managerial myopia that results in executives becoming less inclined to make long-term investments. The research team also found that the adverse effects on stakeholder harm are strongest when a director is a delegate — i.e., they work directly for an activist investor — compared with a trustee, who is appointed by, but does not work for, an activist investor.

The research team — Brian L. Connelly of Auburn University, Mark R. DesJardine of Dartmouth College, Wei Shi of University of Miami, and Zhihui Sun of Capital University of Economics and Business in Beijing — pulled data on thousands of companies that had directors appointed to their board by an activist investor between 2008 and 2019. They compared these boards to those without activist-nominated members to determine the likely consequences of the board appointments across a broad range of scenarios.

BALTIMORE, MD, February 04, 2025 – New research published in the INFORMS journal Management Science demonstrates how immigrant talent drives success, both on the soccer field and beyond. The study reveals that European soccer teams with higher numbers of foreign-born players consistently perform better, winning more games and scoring more goals. But the impact of immigrant players goes deeper than individual talent. By introducing new playing styles and enhancing team coordination, immigrant players expand the strategic possibilities available to teams, ultimately improving their overall performance.

A growing number of people feel anxious about the consequences of changing climate conditions. We are bombarded with news about floods, melting glaciers and long-term drought. Can fears about the future of the climate lead to the development of symptoms of mental disorders? It turns out that such fear can contribute to the development of climate-related mental disorders, especially in people who experience symptoms of generalized anxiety, a researcher from SWPS University has found.

Artificial intelligence (AI) was designed to solve problems, enhance productivity, and push the boundaries of innovation. But since the rise of generative AI such as CHATGPT and DALL-E, people have had concerns about its potential to overshadow or replace key human skills. University of South Australia researchers have explored the complex relationship between AI and human creativity finding that while AI can generate creative outputs, it fundamentally relies on human intervention.

. In a new study, a researcher examined the association between race/ethnicity in White, Black, Hispanic youth and the type of drug offense (possession versus distribution) they were charged with in terms of adjudication and disposition outcomes to find differing outcomes by race and ethnicity.