CESR Faculty Research

The COVID-19 pandemic has caused hundreds of thousands of deaths in the U.S. As chief strategists of their respective firms, how do Chief Executive Officers (CEOs) react to mortality salience associated with the number of new daily COVID deaths in the U.S.? To answer this question, we integrate terror management...

The market for green investments can be expanded by providing investors with clear information about the environmental impact of their investment options. Using a discrete choice conjoint experimental design with retail investors (Nchoices = 20,874, N = 499), we investigate the impact of presenting environmental information in different formats on...

When screening candidates, organizations often give preference to certain applicants on the basis of their familial ties. This “legacy preference,” particularly widespread in college admissions, has been criticized for contributing to inequality and class reproduction. Despite this, studies continue to report that legacies are persistently admitted at higher rates than...

Maternity, a period of transition beginning with prenatal bodily changes and progressing through postnatal lactation, is experienced by up to 66% of working women. Over the past several decades, research on maternity in the workplace has grown exponentially to reveal salient maternity biases that plague women as they navigate their...

This ground-breaking Handbook uniquely focuses on the business of sustainability, offering a fresh insight and practical solutions to the challenges that businesses face in making human activity sustainable. It is organized into four distinctive themes that cut across levels of analysis and illustrate a rich set of solution contexts that...

We examine the interaction effect of country-level aggregate advertising spending and internet access on women’s development. We explain why this interaction effect either enhances or discourages women’s development. Our empirical analysis of aggregate advertising spending across forty-eight countries over five years uncovers a conditional effect. Advertising may have adverse consequences...

A growing body of scholarship studies the emergence of moral markets—sectors offering market-based solutions to social and environmental issues. To date, researchers have largely focused on the drivers of firm entry into these values-laden sectors. However, we know comparatively little about postentry dynamics or the determinants of firm survival in...

Scholars have suggested that leader diversity ideologies are imbued with ethical or normative content (e.g., Nkomo & Hoobler, 2014). We advance this literature by examining the ethical consequences of leader diversity ideologies. Specifically, we integrate the ethical leadership framework and the theory of recognition to suggest that leaders who communicate...

We use dramatic growth in plasma centers between 2014 and 2021 to study the causal effect of the ability to donate plasma on household financial well-being. We find that plasma donation absorbs demand for non-bank credit. Plasma donors tend to be younger and less educated with lower incomes, savings, and...

We examine whether broad-based public engagement by institutional investors influences the behavior of portfolio firms. We investigate this question in the context of BlackRock’s annual Dear CEO letter, which in recent years has called for portfolio firms to acknowledge and quantify the impact of environmental and regulatory factors on their...