Jeff Cossette

In the first instalment of a new series for Corporate Secretary, Jeff Cossette reports on academic research providing insights for governance professionals 1) The price of sexual harassment How much does workplace sexual harassment damage company value? Evidence from a new study suggests it’s more than you might think – a lot more. Until now, researchers have approached the question by measuring the short-term stock market reactions around public revelations of sexual harassment scandals. This line of research documents an immediate shareholder value loss of 0.6 percent to 1.5 percent of market cap. But the short-run market reaction may vastly…