The discussion about employee representation on supervisory boards has received much attention from scholars and politicians around the world. We provide new insights to this ongoing debate by employing power indices from game theory to examine the real power of employees on boards and its...

Anhand eines Paneldatensatzes der drittelmitbestimmten Unternehmen im DAX, MDAX und SDAX zwischen 1998 und 2007 wird der tatsächliche Einfluss der Arbeitnehmervertreter im Aufsichtsrat über in der Spieltheorie etablierte Machtindizes gemessen. Dabei zeigt sich, dass faktisch trotz Erfüllung...

Performance pay, at least as usually understand, is no good idea for non-executive directors. They have to supervise and control or in some situations even to fire and replace the executive managers. This means that their performance as supervisors is totally different from the performance of...

Bedingte Aktiengeschäfte sind solche, die nur bei Eintritt einer Bedingung wirksam werden, z. B. bei einer Übernahme oder der Wahl eines bestimmten Vorstandsvorsitzenden. Damit lassen sich Alternativen bewerten und Entscheidungen besser treffen.

The euro area has several problems. Nevertheless, there is not only strong political support for it, but also most companies back the euro or at least do not complain. It is worthwhile to analyse which companies do profit from the euro and why most others do not oppose it. Exporting companies in...

The optimal currency for a country is an important topic. While it is difficult to identify the best option overall, for all stakeholders and including political considerations, it is easier to answer the more limited question of the title: Which currency is best for business in a small country?...

In diesem Beitrag wird anhand verschiedener Unternehmensinteressen untersucht, welche Unternehmen vom Euro profitieren und welche nicht. Im Ergebnis ist die Gemeinschaftswährung vor allem für exportstarke Unternehmen in exportstarken Ländern wie Deutschland von Vorteil, was ihre Befürwortung...

The discussion about employee representation on supervisory boards has received much attention from scholars and politicians around the world. We provide new insights to this ongoing debate by employing power indices from game theory to examine the real power of employees on boards and its...

The optimal currency for a country is an important topic. While it is difficult to identify the best option overall, for all stakeholders and including political considerations, it is easier to answer the more limited question of the title: Which currency is best for business in a small country?...

Digitalisation has opened up new opportunities for the dissemination of information. That is why many academic journals have started introducing online services since the early 1990s. Previous studies suggest that online availability and free access to articles are positively connected to the...