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Protests that bring many people to the streets who agree among themselves and have a single message are most likely to influence elected officials, suggests a new study.
“We found that features of a protest can alter the calculations of politicians and how they view an issue,” said Ruud Wouters, an assistant professor of political communication and journalism at the University of Amsterdam and the lead author of the study. “More specifically, the number of participants and unity are the characteristics of a protest that have the greatest ability to change politicians’ opinions.”
New research suggests a significant number of national and international American banks hired new Chief Risk Officers to mitigate risk but may have actually helped lead the industry into widespread insolvency.
Starting in the 1990s, many major banks hired Chief Risk Officers (CROs) in a response to new laws and regulations put in place following financial meltdowns in the 1980s. In an effort to comply, banking officials elevated risk analysts to corner offices to show they were serious about tackling risk.