This paper acknowledges that ethical questions raised by ICT are so fundamental that they include the question of the anthropological changes caused by communications tools. It then looks at the motivation of large companies to discharge their social responsibilities. The paper also argues that Chief Executive Officers (CEOs) are no longer the main decision makers for fundamental strategic corp...

We show that CEOs exhibit a home bias in acquisitions. Firms are over twice as likely to acquire targets located in their CEOs’ home states than similar targets domiciled elsewhere. The bias is strongest for private targets and when acquirer governance is lax, and these private home deals do not create value, suggesting that CEOs acquire these targets for their own benefits. Unlike typical publ...

UNLABELLED Sensory signals are highly structured in both space and time. These regularities allow expectations about future stimulation to be formed, thereby facilitating decisions about upcoming visual features and objects. One such regularity is that the world is generally stable over short time scales. This feature of the world is exploited by the brain, leading to a bias in perception calle...

Neural variability in responding to identical repeated stimuli has been related to trial-by-trial fluctuations in ongoing activity, yet the neural and perceptual consequences of these fluctuations remain poorly understood. Using functional neuroimaging, we recorded brain activity in subjects who reported perceptual decisions on an ambiguous figure, Rubin's vase-faces picture, which was briefly ...

This paper investigates whether the personal trading decisions of CEOs are related to their corporate acquisition decisions. We find that the personal trading performance of CEOs is significantly and positively related to the short-term market reaction to their mergers and CEOs exhibiting greater turnover on their personal common equity portfolios undertake acquisitions more frequently. Hence a...

The chief executive officers (CEOs) of 96 multisite, U.S.-based hotel owner/operator companies were interviewed and asked to describe the dominant upcoming threats and opportunities they perceived for their segment. Responses converged in describing two major threats (overbuilding and economic downturn) but were far more divergent in descriptions of opportunities. This pattern may emerge from t...

Despite the importance of a healthy relationship between CEOs and CIOs in organizations for effective business-IT alignment, there is still little understanding about how different facets of perceptual congruence compare between CEOs and CIOs and how perceptual interdependencies affect the quality of collaboration in these relationships. Drawing on social and personal relationship theories, our...