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Faculty & Research

African Americans Are Underrepresented on Corporate Boards

New report shows that African Americans, who make up 13 percent of the U.S. population, hold one in 12 seats on Fortune 500 company boards.
Although two-thirds of Fortune 500 companies have at least one African American member on their corporate board, only 8 percent of board seats are held by African Americans.
Lynn Perry Wooten, clinical assistant professor of corporate strategy and management at Michigan's Stephen M. Ross School of Business, and colleague Erika Hayes James of the University of Virginia's Darden Graduate School of Business found that of the 5,572 total board seats for Fortune 500 companies, 449 belong to African Americans.
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Corporate Environmentalism and Public Policy
Drawing on prior work, Thomas P. Lyon and John W. Maxwell argue that corporate environmentalism is the result of firms attempting to anticipate public policy changes and influence the legislative process in their best interests.
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   Mutual Funds May Bite the Hand That Feeds Them—But Not Always

Researchers Jerry Davis and Han Kim of Michigan's Stephen M. Ross School of Business say that a positive link exists between a mutual fund company's volume of pension business and its propensity to vote with management.
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Warnings About False Claims Often Backfire with Older Consumers
Telling people, especially older adults, that a consumer claim is false can make them mistakenly remember it as true, say University of Michigan marketing professors Norbert Schwarz and Carolyn Yoon..
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 Hosmer Luncheon (faculty only)
LaRue T. Hosmer,  former director of the Business School’s Magna Office of Entrepreneurial Strategies, taught at the Business School from 1971 to 1997. He created the luncheon series that bears his name as a forum for faculty to discuss their research and to foster interdisciplinary collaboration. 
Hosmer luncheon topics and speakers through December 2005