Corporate scandals are reflected in excessive top management compensation and fraudulent accounts.

John Reed, CEO von Citigroup und zweifellos einer der erfolgreichsten praktizierenden Manager beschreibt seine Erwartungen an die Managementwissenschaft, folgendermaßen: Weare concerned about improving the opportunity space for our enterprise ((1)).(...)

Corporate scandals, reflected in excessive management compensation and fraudulentaccounts, cause great damage...

Corporate scandals are reflected in excessive top management compensation and fraudulent accounts ...

Today, there is a growing conviction among researchers and practitioners that knowledge creation is the most important source of dynamic capabilities...

The most influential theory of corporate governance, principal agency theory, does not take into consideration that the key task of modern corporations is to generate and transfer firm-specificknowledge.

Am Beispiel der Schweizer Justizinitiative zeigen wir auf, dass eine qualifizierte Losauswahl keineswegs irrational ist, sondern zu einer Rationalität auf einer übergeordneten, institutionellen Ebene führen kann. Sie erhöht die Wahrscheinlichkeit, ausgezeichnete Kandidierende für eine...

Research rankings based on publications and citations today dominate governance of academia. Yet they have unintended side effects on individual scholars and academic institutions and can be counterproductive. They induce a substitution of the taste for science by a taste for publication. We...

The financial crisis is a crisis of governance as well. In search of answers and solutions many scholars and practitioners recommend improved output control, i.e. better external incentives or even stricter regulations. Monasteries demonstrate that alternative models may be more suitable to...

Corporate scandals, reflected in excessive management compensation and fraudulent accounts, cause considerable damage. Agency theory's insistence on linking the compensation of managers and directors as closely as possible to firm performance is a major reason for these scandals. They cannot be...