Business

Francine McKenna of the Wharton School says that repeated auditor reservations are unusual for companies listed on a U.S. stock exchange.

Eric Orts of the Wharton School says that spending more money on climate measures may cause a company’s profitability to go down.

In a co-authored Op-Ed, Dean Erika H. James of the Wharton School says that business scholars have a duty to teach the next generation about inclusivity, sustainability, and corporate responsibility.

A paper by Nina Strohminger of the Wharton School explores the theory of benign masochism, or the “enjoyment of negative sensations for their own sake.”

PIK Professor Herbert Hovenkamp comments on how changes in the marketplace could dampen enthusiasm for breaking up tech giants.

In a co-authored Op-Ed, Kartik Hosanagar of the Wharton School writes that the public’s infatuation with ChatGPT will fade as the practical realities and limitations of the technology set in.

Kent Smetters of the Wharton School and colleagues found that achieving fiscal balance would require the federal government to hike tax revenues by more than 40% or cut expenditures by 30%, or some combination of the two.

Sarah E. Light of the Wharton School says that regulators are probably under-enforcing compared to the number of environmental claims in companies’ marketing.