In leadership, trust between superiors and subordinates plays a very important role. This article presents the results of empirical research covering the connection between the level of trust within an organization and leadership styles, which were defined in a dichotomous way (democratic vs....

Firm-level employment changes were associated with simultaneous high rates of gross job creation, destruction, and reallocation. These job flows primarily reflected persistent firm-level employment changes. There was considerable variation in job flow rates across sectors. Sectors that created...

Managers play a key role in the restructuring and transformation of economic structures in transitional countries. It is therefore not surprising that they are at the centre of attention for experts and others as well. This paper describes the results of two studies conducted in 1998 and 2003...

This paper investigates the employment growth of small and medium-sized firms that survived the transformation process of the German Democratic Republic (GDR). We find that firms founded in the later period of the GDR’s existence have especially low growth prospects, even 10 years after German...