Insurance Industry will create a more efficient, customer centric, collaborative and innovative marketplace. Embrace extended/networked business models that include innovation across value chain through capabilities of strategic partners, best practices, expertise, and capital...

The purpose of this study is to extend the current understanding of business divestiture by investigating its potential for triggering strategic reorientation. A divestiture involving strategic reorientation is here denoted as a strategic business exit, otherwise it is a status...

Dynamic financial analysis (DFA) has become an important tool in analyzing thefinancial situation of insurance companies. Constant development and documentationof DFA tools has occurred during the last years. However, several questionsconcerning the implementation of DFA systems have not been...

For decades suggestion systems have been used include employees in innovation process. However, in order to gather superior ideas, integrating external stakeholders is critical to the innovation process. Wwwithin this paper the authors derive a sophisticated model of an integrated idea...

Diese Arbeit analysiert die Verteilung von technischer Effizienz innerhalb von Branchen des Verarbeitenden Gewerbes. Die technische Effizienz wird als fir-menspezifischer fixer Effekt im Rahmen einer deterministischen Frontier-Pro-duktionsfunktion ermittelt. Als Grundlage hierfür dienen Angaben...

An alternative minimum tax (AMT) is often regarded as desirable. We analyze a wealthtax at corporate and personal level that is designed as an AMT as proposed by the GermanGreen Party. This wealth tax is imputable to profit taxes and is hence intended to preventmultiple (multistage) taxation....

Most previous research on efficiency in banking takes a regulatory perspective. In contrast,this paper investigates the empirical relation between efficiency and profitability in five largeeconomies of the European Union during the period 1998-2005 and discusses the results fromthe perspective...

Clusters are systems of localised economic activity and innovation. This report reviews current evidence on clustersand develops policy recommendations for the UK. It argues that clusters include multiple firms from related sectorsthat are co-located within a web of complex linkages and a...

China’s banking market is one of the most attractive investment targets for financial institutionsworldwide especially since the opening up of the market in December 2006. Based oninterviews with experts this paper analyses the question of benefits and risks of foreign directinvestments into...

The emergence of e-commerce leads to a fundamental change for the financialindustry. The transition into a digital economy produces numerous newopportunities as well as great risks. B2B e-commerce in particular is considered apromising field for the future. As B2B is very closely related to...