This study considers the implications of corporate political activity and political risk on asset pricing. It is found that firms which operate an affiliated political action committee (PAC) outperform firms that do not. Among firms that operate a PAC, we find that those that spend relatively less on politics outperform those that spend more and that political risk is successfully hedged by fir...

Political correctness (PC) norms are highly controversial and have been subject to political and philosophical debate for decades. Yet, surprisingly little empirical research has been conducted to understand if they have any impact at all and, in particular, if and how they affect the perception of and interaction between social groups. In this chapter, we will argue that PC language has tangib...

n fall 1997, the democratic movement in Russia will celebrate its tenth anniversary. In November 1987, a group of young intelligentsia from Moscow (creators of the then unknown historical-educational organization Memorial) marched to Arbat to collect signatures. Those signatures were not calling for the dissolution of the Soviet system, but for the creation of a memorial to the victims of Stali...

Unlike his theory of justice as fairness, John Rawls’s political liberalism has generally been spared from critiques regarding what is due to the disabled. This paper demonstrates that, due to the account of the basic ideas of society and persons provided by Rawls, political liberalism requires that the interests of numerous individuals with disabilities should be put aside when the most fundam...

Increasing globalization and advances in communication technology have fuelled the emergence of global virtual teams (GVT). There is much potential for conflict in GVT as members work across cultural, geographical, and time boundaries. This study examines the antecedents of GVT conflict and the circumstances under which conflict affects team performance. An in-depth study of GVT conflict episod...

In the information-technology powered twenty first century a general demand for more effective communication is driving people to question the present, examine the past and to prognosticate the future. The ‘unique global media-information system’ the Internetis the central fact of a vast new complexity of communication (mediated and unmediated) that is driving social-economic-political-religiou...

This article traces the migration patterns of the Russian-Germans across international borders from their initial settlement in the Russian Empire starting in 1763 up to the present day. In particular it analyses the reasons behind these migration flows. Both push and pull factors motivated the immigration of ethnic Germans to the Russian Empire in the late eighteenth and nineteenth centuries. ...

Inequalities persist when it comes to the attention, resource allocation and political prioritization, and provision of appropriate, adequate, and timely health interventions to populations in need. Set against a complex socio-political backdrop, the pressure on public health science is significant: institutions and scientists are accountable for helping to find the origins of disease, and to p...