Das externe Umweltschutz-Reporting umfasst die fallweise und/oder regelmäßige Bereitstellung von Informationen über die umweltschutzbezogene Lage eines Unternehmens an externe Stakeholder.1 Als umweltschutzbezogene Lage wird dabei zum einen die ökologische Lage bezeichnet, die durch die von...

This paper reports two laboratory studies designed to study the impact of public informationabout past departure rates on congestion levels and travel costs. Our experimental design isbased on a discrete version of Arnott, de Palma, and Lindsey’s (1990) bottleneck model wheresubjects have to...

Die Vielzahl der Controllingkonzeptionen führt zu heterogenen Controllingsystemen. Da abertrotz der Heterogenität ein erhebliches Maß an Gemeinsamkeiten – an Homogenität – besteht,weisen Controllingkonzeptionen die Eigenschaft der Hybridität auf. Ein hybrider Ansatz istdurch einen Baum...

This paper focuses on the links between informal care provision and labour market activity atthe sub-national level. Within-country analysis of this issue has been very limited to datedespite the wide regional variations in informal care provision that often exist. This issue isimportant in the...

Implementing performance pay requires that workers' output be measured. Whenmeasurement costs differ among firms, those with a measurement cost advantage choose toimplement performance pay. They attract the best workers, and both the level and variabilityof compensation are higher at these firms...

In this paper I consider the impact of a noisy indicator regarding a manager's manipulative behavior on optimal effort incentives and the extent of earnings management. The analysis in this paper extends a twotask, single performance measure LEN model by including a binary random variable. I...

In this paper we analyze a dynamic agency problem where contracting parties do not know the agent's future productivity at the beginning of the relationship. We consider a two-period model where both the agent and the principal observe the agent's second-period productivity at the end of the...

We analyze the role of intermediaries in electronic markets using detailed data of more than 14,000 originated loans on an electronic P2P (peer-to-peer) lending platform. In such an electronic credit market, lenders bid to supply a private loan. Screening of potential borrowers and the...

Small and medium-sized firms often obtain capital via a mixture of relationshipand arm's-length bank lending. We show that such heterogeneous multiple bankfinancing leads to a lower probability of inefficient credit foreclosure than bothmonopoly relationship lending and homogeneous multiple bank...