Climate-conscious investors should consider supporting companies with a wide range of climate policies, rather than companies that cherry-pick specific individual policies, according to a study published November 13, 2024 in the open-access journal PLOS Climate by Lena Klaaßen of ETH Zurich, Switzerland and colleagues.

Lobbying can help companies reduce costs related to product recall, but it can also have a negative impact on the firm’s image. Research published in Strategic Management Journal offers clear data on the phenomenon, suggesting that managers should pay careful attention to the reputational cues from the media to determine when lobbying may be problematic and to refrain from the practice.

Firms can use lobbying to influence the government, which in turn potentially limits their costs during product recall crises. Previous research has shown that when a firm increases its lobbying spending by approximately $417,014, which has been found to lead to one less recall, it can save the firm millions of dollars. Each recall conservatively costs about $12 million. Such lobbying can, however, draw scrutiny from the media if the lobbying gives the impression that companies would rather save costs than focus on safety, which can come across as hypocritical.

In Princeton Review’s tally of the top 50 U.S. undergraduate schools for entrepreneurship for 2025, the McCombs School of Business took the No. 2 spot in the nation for the third year in a row. 

This marks the fourth year that the school has landed in the top 5 on the undergraduate side. The annual ranking is published in partnership with Entrepreneur magazine.