Anti-Woke business Is Falling Flat

Yale SOM’s Jeffrey Sonnenfeld and Steven Tian write that the exchange-traded funds that boycott companies taking action on social issues are underperforming the market and struggling to find investors.   In commenting on Bob Iger’s defence of Disney’s values and brand in the face of threats from Florida Governor DeSantis, Nike CEO John Donahoe said, “I think Bob’s doing a great job at this. If it’s core to who you…

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Why a Fast-Moving Labor Force Doesn’t Always Indicate a Healthy Job Market

Studies of developed economies have suggested that rapid job turnover is linked with economic growth, perhaps because workers are more efficiently re-allocating their labor to where it will be most productive. But for a new study, Yale SOM’s Kevin Donovan and his co-authors took a broader view, incorporating data from 49 countries, including developing economies. They found that high labor flows are actually negatively correlated with GDP per capita.  …

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