It’s a common charge — Silicon Valley is “a boys’ club.” However, it’s not just a spurious claim. A 2011 University of California, Davis, study, entitled “California Women Business Leaders,” shows that “women hold 1 in 9 of the top corporate spots” in the state’s 400 largest companies. And according to a report at SFGate: “Silicon Valley is the most male-dominated of any region. In last year’s study, of the 113 firms in [the area], 42 had no women on the board of directors or in the top five highest-compensated positions.”
“Especially for smaller public companies, if the firm has been active in disclosing corporate social responsibility measures and if the individuals in the company are politically active, there’s a good chance you will do better in the stock market if you invest in that company,” said Professor Paul Griffin.
Energy companies spent more than $115 million on the presidential campaign and 80 percent of those funds went to the Republican Party. However, President Obama’s reelection may have less of an impact as they believe; Amy Myers Jaffe, executive director of energy and sustainability at UC Davis, says that while there may be new regulations on oil drilling, the additional costs are unlikely to harm profits.
Energy expert Amy Myers Jaffe said fuel exporting removes gasoline and diesel that would otherwise be available to the market to mitigate price spikes.
“There is no such thing as ’surplus gasoline,’” said Jaffe, executive director of energy and sustainability at UC Davis. “It’s a little like saying you are only going to take water from the shallow end of the pool. If I take water out, there is less water in the pool.”
Finance professors Terry Odean and Brad Barber studied 66,400 Wall Street investment accounts and concluded: “The more you trade, the less you earn.” The returns of passive investors (2% annual turnover) actually beat active investors (258% turnover) by 50%.
The reelection of President Barack Obama is good news for the U.S. pursuit of energy independence. That’s because the President is unlikely to take any major steps to ban shale drilling operations in the United States but is more likely than contender Mitt Romney to stay the course on accelerated time lines for higher efficiency standards (CAFE) to 54.5 miles per gallon by 2025
Authors Paul Griffin and Yuan Sun demonstrate in their new paper a reliable association between companies’ CSR disclosure intensity and political interests. The authors work supports the notion that when the political interests of managers and stakeholders noticeably converge it encourages significantly higher voluntary CSR intensity.
Imagine finding a relationship between company managers’ political contributions, voluntary disclosure and increased shareholder value? The study by the University of California Davis’s research team led by Paul Griffin ‘show positive results by documenting a significant association between corporate political contributions and excess stock return’. Basically, Democratic managers of companies that contribute to Democratic political campaigns that voluntarily disclose their CSR activities enjoy a 4.5% positive mean excess return over a three-month period. The research
UPDATE: Andrew Barkett is leaving his post as senior engineer at Facebook to bring his decade of experience in Silicon Valley to become the first-ever chief technology officer for the Republican National Committee.The June 4 announcement has stirred a whirlwind of media coverage, including the Huffington Post and Washington Post.Bark
Agilent Technologies’ Electronic Measurement Group is a $3.6 billion business that over the past decade has seen a dramatic shift in its customer base from U.S., and Western European customers to predominantly Asia-based customers. Today, the majority of the division’s revenues are generated outside of the U.S., with an increasing concentration in China.
(Davis, CA) — The UC Davis Graduate School of Management’s full-time MBA program has been ranked among the top six percent of AACSB International-accredited programs nationwide, according to U.S. News & World Report’s latest graduate business school rankings released today.