The German Environmental Liability Law (ELL) of 1991 has introduced far-reaching civil liability for environmental damages with the aim to increase firms? efforts to prevent accidents. Previous studies find poor evidence that this goal has actually been achieved. One and a half decades after the...

Diese Untersuchung beschäftigt sich mit der konsistenten und effizienten Ausgestaltung eines Risikomanagementsystems, das geeignet ist die Auswirkungen der Ungewissheit in betriebswirtschaftlichen Entscheidungssituationen besser zu verstehen und Strategien für eine aktive Steuerung von...

Einleitung -- Prognostizierte Veränderungen der gestaltbaren Arbeitssystemdimensionen -- Systeme zur Assistenz und Effizienzsteigerung in manuellen Produktionsprozessen der Industrie auf Basis von Projektion und Tiefendatenerkennung -- Betriebliche Auswirkungen industrieller Servicerobotik am...

This study provides the first comparative evidence of foreign and domestic acquisitions in Germany. A propensity score matching approach combined with a difference-in-difference estimator were performed separately for foreign and domestic acquisitions to account for a general takeover effect....

This paper uses newly available data for German business services firms to test a hypothesis derived by Bustos (AER 2011) in a model that explains the decision of heterogeneous firms to export and to engage in R&D. Using a non-parametric test for first order stochastic dominance it is shown...

This study focuses on ex ante performance of domestic and foreign takeover targets in Germany, one of the most important FDI inflow destinations worldwide. Using a new database from German official statistics, unconditional comparisons as well as binary response model estimations of takeover...

This paper presents the first empirical test with German firm level data of a hypothesis derived by Bustos (AER 2011) in a model that explains the decision of heterogeneous firms to export and to engage in R&D. Using a non-parametric test for first order stochastic dominance it is shown that, in...