This study provides a basic introduction to agent-based modeling (ABM) as apowerful blend of classical and constructive mathematics, with a primary focus onits applicability for social science research. The typical goals of ABM social scienceresearchers are discussed along with the culture-dish...

T.W. Schultz (1975) proposed that returns to human capital were highest in economicenvironments where technology, price or production shocks were common and managerial skillsto adapt resource allocations to those shocks were most in need. We hypothesize that variationin returns to human capital...

There is an increasing number of researchers conducting empirical and theoretical investigations tobetter understand innovation and protection activities of service companies. In fact, previous analysesreveal that the protection topic is difficult to study, particularly when using traditional...

is explored. Our conceptual model is based on the information-processing perspective. A structualequation model was fitted to data from 497 NPD projects from Japanese mechanical and electricalengineering firms to test the proposed model.The empirical analysis found support for all hypotheses...

The aim of this paper is to describe front-end activities in practice and get first hints for effects of the front end on project outcome and the meaning of contextual factors.The results of an exploratory study of fourteen product development projects are contrary to the wide-spread opinion...

We analyse to what extent the accrual anomaly is related to the choice of the accounting system as well as firm-level heterogeneity in corporate governance mechanisms. Using a unique dataset of listed German firms over the period 1995 to 2005 we first corroborate former results indicating that...

I analyze 136 large minority block purchases made by a group of controversial investors in Europe during 1990-2001. Contrary to the hypothesis that wants these investors expropriate the target companies, there is a positive market reaction to the first public announcement of these purchases. In...

Der Beitrag fokussiert auf das wertorienterte Management und die daran anknüpfenden Kompensationsprogramme für Manager. Unterstellt man dem Mangement ein den eigenen Nutzen maximierendes und möglicherweise opportunistisches Verhalten...

Das M&A-Geschehen ist derzeit durch neue Rekordvolumen geprägt. Ob Firmen übernommen, quasifusioniert oder echt verschmolzen, ob ganze Aktienpakete verkauft oder Asset Deals durchgeführt werden, stets spielt die Bewertung der Zielobjekte eine zentrale Rolle...

Wertmanagement und Shareholder value-Streben sind nicht nur betrieblicheFinanzzielausrichtungen. Sie haben auch eine gesamtwirtschaftlich optimaleRessourcenallokation herbeizuführen. Dies setzt eine effiziente Informationsverarbeitungan den Kapitalmärkten voraus. In der Realität stets zu...