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Climate Change: An Existential Threat to Humanity
Get PDFAccording to President Joe Biden, Climate change is an existential threat to humanity (Biden, 2020), one that requires the fullest attention from leaders within the international community. Research into the impacts of anthropogenic behavior on the climate began as early as the 1870s. When the clean energy movement generated support in the 1980s, fossil fuel companies responded to protect their existing business model that a transition to renewable energy would dismantle. Within the United States, through the suppression of information and lobbying of politicians, fossil fuel companies turned the concept of climate change into a partisan issue. Based on scientific research from the United Nations, the world has just over seven years remaining to achieve net zero carbon emissions before the damage done to the earth becomes irreversible (Levin et al, 2023). This research process will derive information from scholarly articles, books, research studies, and government organizations to determine how partisan politics within the United States have impacted the global response to climate change. The study looks to demonstrate the importance of United States leadership in multilateral climate policy in achieving a smooth transition to a high-powered clean energy sector. Additionally, it highlights the country’s vested interest in leading reform efforts to be first movers into the renewable energy space, all while regaining trust within the international community after pulling out of the Paris Climate agreement in 2017
Crossing the (District Line): An Examination Into Moore v. Harper and Independent State Legislature Theory
Get PDFThe purpose of this research is to explore Independent State Legislature Theory (ISL), an uncommon election theory that emerged in 2000 and has had a resurgence in the past several years. This research will be split into two different stages: a background analysis tracing development of this legal theory through several court cases and a more careful examination of the case of Moore v. Harper, a case heard in 2023 where the theory was eventually ruled against by the United States Supreme Court. The background stage is comprised of a literature review and analysis on the doctrines that guide election theories like ISL. The second stage analyzes the amicus curiae briefs filed to the Court prior to the hearing on Moore v. Harper, as well as the actual language found in the oral arguments made by both advocates and Justices, as well as the Court’s opinions issued in the case. The results of the two stages together will serve as crucial background in future discussions and research into the case, and as a reference if ISL is brought before the court in a future case
Between Responsive Gestures and Adaptive Actions: Deciphering the Differential Impact of CSR Strategies on Stock Market Performance
Get PDFPurpose – This paper offers a fresh perspective on this debate by exploring the direct relationship between a firm’s stock price performance and its CSR activities, placing particular emphasis on the underlying intent or motive behind the CSR initiatives.
Design/methodology/approach – This research examines the relationship between a firm’s stock price and its corporate social responsibility (CSR) activities, distinguishing between responsive and adaptive CSR. While responsive CSR, often a response to negative events, elicits immediate positive stock performance, adaptive CSR initially triggers negative stock performance. However, long-term analysis reveals adaptive CSR leads to positive stock performance, especially for family firms. The study challenges the notion of market myopia, suggesting the market values responsive CSR in the short term but recognizes the long-term benefits of adaptive CSR over time. Clear communication about adaptive CSR intentions and benefits may help in accurate market valuation.
Findings – This research examines the relationship between a firm’s stock price and its CSR activities, distinguishing between responsive and adaptive CSR. While responsive CSR, often a response to negative events, elicits immediate positive market reactions, adaptive CSR initially triggers negative reactions. However, long-term analysis reveals adaptive CSR leads to positive returns, especially for family firms.
Practical implications – The study challenges the notion of market myopia, suggesting the market values responsive CSR in the short term but recognizes the long-term benefits of adaptive CSR over time. Clear communication about adaptive CSR intentions and benefits may help in accurate market valuation.
Originality/value – First, it expands on previous studies by exploring how the different motivations behind CSR activities lead to varying effects on stock returns. Second, it sheds new light on the subject of market myopia. The findings demonstrate that adaptive CSR initiatives can initially trigger market reactions similar to those caused by perceived over-investment, in contrast to the more favorable response to responsive CSR activities