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Study: Even in competitive markets, shareholders bear burden of corruption
CHAMPAIGN, Ill. — A new paper co-written by a University of Illinois expert in the use of financial information in capital markets examines the relationship between political corruption and firm value in the U.S., and what prevailing forces potentially constrain or exacerbate the effects of corruption. While the U.S. traditionally ranks low on worldwide corruption […]
Study: Minimum wage ‘an effective tool’ for increasing incomes of older workers
CHAMPAIGN, Ill. — A new paper co-written by a University of Illinois expert who studies labor economics says the minimum wage is an effective tool to increase the incomes of older workers who are at or near retirement and – contrary to the notion that higher minimum wages force earlier retirements – has no discernible […]
Will legalizing marijuana be a boon to the state of Illinois?
Editor’s note: Robert Bruno is a professor of labor and employment relations at the Urbana campus of the University of Illinois and the director of the Labor Education Program in Chicago. Bruno, who co-wrote a paper on the potential financial impact of legalizing marijuana, spoke with News Bureau business and law editor Phil Ciciora about […]
Perceived union support buoys ‘meaningfulness of work’ measures
CHAMPAIGN, Ill. — While it has long been thought that the “union premium” extends to a labor union’s ability to provide higher wages, better benefits and increased job security to workers, new research from a University of Illinois expert who studies identity and meaning in occupations and organizations suggests that being a member of a […]
Professor’s history of Coca-Cola also tells larger story of globalization
CHAMPAIGN, Ill. — The Coke you drink with your hot dog this summer may seem a simple, sugary, all-American beverage, but the history behind it is complex and global, says a University of Illinois professor and author of a new book. It’s a history that goes back a century and a history of early innovation […]
Illinois labor professor awarded ACLS fellowship
CHAMPAIGN, Ill. — University of Illinois professor Emily E. LB. Twarog is the recipient of a 2019 Frederick Burkhardt Fellowship from the American Council of Learned Societies. Twarog, a professor of labor and employment relations at Illinois and the director of the Regina V. Polk Women’s Labor Leadership Conference, is one of 21 fellows chosen […]
Paper: Carbon taxes could create new winners and losers among countries
CHAMPAIGN, Ill. — Although conventional wisdom suggests that poor countries are more likely to bear a disproportionate burden of a worldwide carbon tax on fossil fuels used for electricity and transportation, the potential consequences of such a tax would vary depending on several factors, says new research co-written by a University of Illinois energy and […]
New model predicts how ground shipping will affect future human health, environment
CHAMPAIGN, Ill. — The trucks and trains that transport goods across the United States emit gases and particles that threaten human health and the environment. A University of Illinois-led project developed a new model that predicts through 2050 the impact of different environmental policies on human mortality rates and short- and long-term climate change caused […]
Expert: Justice Department reversal on online gambling ‘correct decision’
CHAMPAIGN, Ill. — In reversing an Obama-era decision that effectively allowed internet gambling, the Department of Justice has revitalized the Interstate Wire Act of 1961, an anti-gambling statute championed by then-Attorney General Robert F. Kennedy to fight organized crime, said a University of Illinois expert who is a leading national gambling critic. According to John […]
Should the tech industry end mandatory arbitration for workers?
Editor’s note: On Nov. 1, more than 20,000 Google employees around the world staged a walkout to protest the company’s handling of workplace sexual harassment and sexual assault claims. Seven days later, Google ended its mandatory arbitration policy for handling such claims, allowing workers to litigate their complaints in court. Ryan Lamare, a professor of […]
Workplace discrimination claims fare poorly in arbitration, study says
CHAMPAIGN, Ill. — The use of arbitration to adjudicate worker complaints – and avoid costly litigation through the slow, unwieldy public court system – has been a controversial practice since its usage began to increase in the 1990s. And according to a new paper co-written by a University of Illinois expert in workplace dispute resolution, […]
Adoption of mobile payment shifts consumer spending patterns, habits
CHAMPAIGN, Ill. — Paying for a cup of coffee with a smartphone instead of a credit card is gaining prominence among consumers – and is disrupting their spending patterns and consumption habits, according to new research co-written by a University of Illinois expert who studies operations management. Although paying for purchases in-person with plastic or […]