In the News
Researchers found that companies were more likely to make social responsibility disclosures if they were headquartered in a state that traditionally has voted Democratic in national elections.
“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 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.”
What’s Gone Wrong With H-P?
A Lengthy Turnaround Plan Will Require CEO Stability, Responsible Spending and Refresh of Products
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.”
Will This Study Swing The Presidential Election?
With the Presidential election so close and days away, a new University of California study could have an impact.
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
Lucas Arzola, founder and CEO of Inserogen, a biotech start-up and past winner of our Big Bang! Business Plan Competition, featured in op-ed by Chancellor Linda Katehi and Rep. Jackie Speier calling for resolution of the stalemate in Washington threatening sequestration of federal research dollars.
Individual Investors Are Destroying Their Wealth
Commentary: 7 sins that individual investors commit
MarketWatch draws upon a 2011 study by Brad Barber of UC Davis and his colleague Terrance Odean of Berkeley on individual investors’ behavior to identify the 7 deadly sins that individual investors commit.
Following the closure of two large businesses – and after years of financial instability – Sacramento City Hall is talking about changing its business culture.
Councilman Jay Schenirer today unveiled a list of proposals aimed at improving the city’s economic condition. Schenirer was flanked by regional business leaders, three council members, City Manager John Shirey and Mayor Kevin Johnson.
Most Sun-Stache-wearing Beliebers still haven’t heard of the Levich’s company. But that’s probably okay, says Assistant Professor Hema Yoganarasimhan.
A Sacramento councilman says it’s time for the city to change the way it treats businesses.
Councilman Jay Schenirer unveiled proposals Tuesday to improve the city’s economy. Schenirer was flanked by regional business leaders, three council members, City Manager John Shirey and Mayor Kevin Johnson.
At a time of high-frequency robotic trading, market volatility and elephantine economic uncertainty, joining forces with your family and neighbors for an investment club might sound like a sucker’s game.
Despite a significant, long-term shortage of grapes and economic pressures that are putting the squeeze on profit margins, two surveys recently conducted by the University of California at Davis reveal that wine industry leaders are cautiously optimistic about the future.
Researchers at UC Santa Cruz have been awarded a five-year $4.5 million grant from the National Science Foundation to fund clean energy research and educational programs.
The grant will build on a partnership the university has with UC Davis and two Danish universities.
Despite the rise in telecommuting among corporate employees, research by two business school professors suggests that you could be damaging your career prospects if you choose to spend most of your work time away from the office.
The proposal for a pipeline to carry oil extracted from tar sands in Canada to refineries on the Gulf Coast of the U.S. is likely to remain a focus of political debate in this election season.
Venezuela ranks fourth as a supplier of U.S. oil imports after Canada, Saudi Arabia, and Mexico. But, the United States could have gotten these oil imports from our northern neighbor, Canada, as early as next year if the Obama Administration had approved the Keystone XL pipeline when first requested to do so.
Many of the national oil companies have “become more nimble in the last decade,” agrees Amy Myers Jaffe, executive director of energy and sustainability at the UC Davis Graduate School of Management. She says that “investor scrutiny” faced by government-led companies raising funds from international financial markets has “corporaised them.”
This house believes that tackling climate change means leaving fossil fuels behind completely and quickly
Thinking about effective responses to climate change, one needs to consider the possible. It is not whether we “should” or “want” to leave fossil fuels behind, the question really is whether we can leave fossil fuels behind. – Amy Myers Jaffe
Firms that bill by the hour are not alone in emphasizing hours over results. For a study published most recently in 2010, three researchers, led by Kimberly D. Elsbach, a professor at the University of California, Davis, interviewed 39 corporate managers about their perceptions of their employees. The managers viewed employees who were seen at the office during business hours as highly “dependable” and “reliable.” Employees who came in over the weekend or stayed late in the evening were seen as “committed” and “dedicated” to their work.