What are the performance benefits of investing in human resources in a low-cost laborenvironment where returns to such investment are widely perceived as negligible? This paperpresents a matched pair case study on the performance effect of human resourcemanagement systems at two garment...

Alle wollen eine bessere Nährwert-Kennzeichnung.Darüber gibt es keinerlei Dissens. Auch dieLebensmittelindustrie sieht das Unwohlsein derVerbraucher und ist bemüht, das Vertrauen derKonsumenten in Lebensmittelprodukte zurückzugewinnen.Der Teufel steckt im Detail. Als...

Economic evaluation of projects involving changes in mortality risk conventionally assumesthat lives are statistical, i.e., that risks and policy-induced changes in risk are small andsimilar among a population. In reality, baseline mortality risks and policy-induced changes inrisk often differ...

In this paper we show that subtle forms of deceit undermine the effectiveness of incentives.We design an experiment in which the principal has an interest in underreporting the trueperformance difference between the agents in a dynamic tournament...

On theoretical grounds, monitoring of top executives by the (supervisory) board is expectedto be value relevant. The empirical evidence is ambiguous and we analyze three noncompetingexplanations for this ambiguity: (i) The positive effect on firm value of boardmonitoring is hidden in stock price...

Der Jobmotor Mittelstand existiertnicht. Er war nicht mehr als einvielzitiertes Trugbild. Was im erstenMoment wie eine Hiobsbotschaft fürdie Mittelstandspolitik klingt, beinhaltettatsächlich aber die Chance, abseitsvon wirtschaftspolitischen SchlagwortenMittelstandsförderungstärker an...