Nach dem Mindestlohngesetz hat die Mindestlohnkommission die Aufgabe, alle zwei Jahre über eine Anpassung des Mindestlohns zu entscheiden. Neben einer Gesamtabwägung soll sie sich dabei nachlaufend an der Tariflohnentwicklung orientieren. Dieses Regelbindungselement hat sich bewährt. Das...

We propose a new approach to measuring the effect of unobservable private information or beliefs on volatility. Using high-frequency intraday data, we estimate the volatility effect of a well identified shock on the volatility of the stock returns of large European banks as a function of the...

This paper analyzes the role of Thin-Capitalization rules for capital structure choice and investment decisions of multinationals. A theoretical analysis shows that the imposition of such rules tends to affect not only the leverage and the level of investment but also their tax-sensitivity. An...

Knowledge communication is an essential mechanism to facilitate intra- and interorganizational knowledge transfer. In order to improve the efficiency of knowledge communication, organizations need to pay particular attention to the clarity of conveyed knowledge in order not to create confusion,...

We investigate whether the adoption by workplaces of human resources management (HRM) practices that enhance face-to-face communication (FTFC) among employees is associated with productivity gains. The analysis is based on a nationally representative sample of over 500 British trading...

This study investigated the preference of using English in cross-cultural business communication of undergraduate learners majoring in Business English at a private university in Thailand. The three main geographical groups of generalized cultural differences within the world of cross-cultural...