Mon, 05/10/2021 LAWRENCE — In 2018, movie mogul Harvey Weinstein was arrested and charged with multiple criminal sexual acts. Weinstein’s conduct brought further attention to the viral #MeToo movement and also made those in positions of power rethink how employees should be treated. But beyond the moral and legal fallout from such behavior, there’s an economic one. “Beside the emotional and psychological toll on its victims, sexual harassment is also bad for business,” said Gjergji Cici, the Capitol Federal Professor of Finance at the University of Kansas. His new article “#MeToo Meets the Mutual Fund Industry: Productivity Effects of Sexual Harassment” shows that removing or diminishing the threat of sexual harassment from the workplace improves productivity. Specifically, using the male-dominated mutual fund industry as a testing ground, it reveals productivity of female mutual fund managers significantly increased after the Weinstein scandal and the rise of the #MeToo movement.