Recognizing the mistakes it made in an attempt to reinvent itself, JC Penney is now trying to woo customers back with a television and social media campaign apologizing to customers and inviting them back. But is that enough? “The apology is a nice first step, but we need to see what lessons JC Penney is … Continue reading »
Category Archives: Business & Law
Study Reveals Men Are Seduced by Red Price Tags
When walking into a department store on a sale day, the abundance of red sale and clearance signs can make it challenging to resist buying fashion favorites, household items or other must-haves. But who is more susceptible to this color when making purchasing decisions – men or women? A recent study by four business professors … Continue reading »
Can Music Affect How Much We Trust?
You don’t need research to tell you that listening to an upbeat tune will improve your mood, behavior and emotions as opposed to listening to a rather solemn one, but Drexel University professor David Gefen of the LeBow College of Business has taken this observation one step further to find out if music plays a … Continue reading »
The Failure of Rape Law Reform
Debates about the term “legitimate rape” and whether or not a woman’s body can prevent rape have permeated media coverage in recent months, shedding light on the fact that views about sexual assault victims continue to be outdated, biased and insensitive, and that victims still lack real rights and protections. In her new book Up Against … Continue reading »
CEO Incentives Heavily Affect Merger Decision-Making
Mergers and acquisitions are a mainstay of the corporate world – recently, for example, there was much talk about the Facebook and Instagram merger –but what role does CEO compensation play in these deals? Several Drexel University business professors took a look, and their findings were featured in a recent edition of Strategy + Business … Continue reading »
Roe v. Wade: 40 Years Later
Forty years ago today, the U.S. Supreme Court decision Roe v. Wade legalized abortion nationwide. David S. Cohen, a professor in the Earle Mack School of Law at Drexel University, whose scholarship explores constitutional law and gender issues in the law, weighed in with us about where it stands today. According to Cohen, the legacy … Continue reading »
Italy’s Election Brings Fears of Renewed Euro Turbulence
Recent political developments in Italy have renewed fears of turbulence for the European Union and global financial markets. With the collapse of Prime Minister Mario Monti’s technocrat government, Silvio Berlusconi has returned to the country’s political scene asking Italians to vote for him once again. As the country heads to elections on Feb. 24-25, many … Continue reading »
Bank Robber Turned Supreme Court Litigator
Shon Hopwood isn’t the typical law student. Sentenced to 12 years in federal prison for robbing 5 banks in his home state of Nebraska, Hopwood used his time on the inside to teach himself the law and began writing petitions for other inmates to challenge their sentences. His petition for certiorari to the U.S. Supreme Court … Continue reading »
Is the Boss Always Right?
What role does personality play in decision making when it comes to executives? Consider Miranda Priestly in “The Devil Wears Prada” and Michael Scott in “The Office.” Did their personalities influence their strategic decisions? The answer according to research by a Drexel LeBow College of Business professor is YES. “CEOs are humans and their personalities, … Continue reading »