Summary Our research reveals that strong community values create a double-edged sword for local businesses. While community ties typically benefit firms, they also expose innocent companies to severe penalties when other community members commit wrongdoing. Our...
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Stephen J. Smulowitz is an Assistant Professor of Strategic Management and the McNicholas-Lightcap Faculty Fellow at Wake Forest University School of Business. His research centers on strategic management, corporate governance, business ethics, and sustainability. Before joining Wake Forest in 2023, he was a Term Research Professor at the IMD Global Board Center. He holds a JD from the University of Pennsylvania Law School, an MSc from IE Business School, and a Ph.D. from IESE Business School. Steve teaches courses on strategy, stakeholder management, and risk management and is an affiliate faculty at the Sabin Family Center for Environment and Sustainability.
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