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Category: Business

Sports Sponsorship and Stock Returns

Newswise — From the San Francisco 49ers’ home Levi’s Stadium to Seattle’s Climate Pledge Arena—sponsored by Amazon—corporate sponsorship is a major element of the professional sports industry. But how do these sponsorship decisions affect stock returns for the partnering firms? Although previous academic studies show mixed results, offering fresh insight is a recent meta-analytic review […]

Temp workers benefit from union-management tension

Newswise — ITHACA, N.Y. – Temp workers see a 21% increase in average wages when employed by a company with a unionized workforce, according to new Cornell University research. “What is surprising is that wage premium only holds for unions that go head-to-head, battling with employers,” said Adam Seth Litwin, associate professor of labor relations, law […]

Republican Senator Vital to Health Bill’s Passage Won’t Support It

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Flores lawsuit highlights lack of diversity among coaches, leadership in professional sports

Former Miami Dolphins Head Coach Brian Flores has filed a class-action lawsuit against the National Football League and three of its teams for alleged racial discrimination. The lawsuit shines a light on the lack of diversity among head coaches and leadership in professional sports, according to Patrick Rishe, director of the sports business program at Olin Business […]

What's next: The 'Great Resignation'

On Jan. 4, the U.S. Bureau of Labor Statistics released its latest Job Openings and Labor Turnover Summary. The numbers are staggering: 4.5 million workers quit or changed their jobs in November 2021, the highest number ever recorded in one month. The “quits rate” – the percentage of those who voluntarily left their jobs – […]

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