Was lernt “die Praxis” von “der Wissenschaft”? Welches Wissen wird von gegenwärtigenoder künftigen Managern angenommen und angewendet? Und welches Wissen wird ignoriertund nicht angewendet? Meine These ist, daß sich insbesondere die aus wissenschaftlicherSicht schlechten Konzepte...

Seit geraumer Zeit wird von mehreren führenden Fachvertretern derWirtschaftsinformatik eine stärkere theoretische Fundierung ihrerDisziplin eingefordert; vgl. beispielsweise [LHM95, S. 10 u. 370 f.],[Pa01, S. 39], [Wy03, S. 386] und [Gr03, Kapitel 3]. Aber auch vonanderen Seiten wird dieses...

This paper investigates four common features (covenants) of venture capital investment contracts from a real option perspective, using both analytical solutions and numerical analysis to draw inferences for a better understanding of contract features.

With only weeks to go untilthe United Nations climate change conferencein Copenhagen, the world is looking for itsleaders to strike a deal that will be farreachingenough to curb catastrophic climatechange from occurring. For the insuranceindustry this agreement is about more thanpreparing for a...

This paper analyses the empirical determinants of contract length, a key andyet neglected dimension of contractual structure. I estimate contract length andcontract type jointly using original data on tenancy agreements signed between1870 and 1880 in the district of Siracusa, Italy.The findings...

Using a hand-collected sample of contracts and investment proposals from German venturecapital financing relationships, we analyze specific incentive conflicts. We apply indirect anddirect measures of these problems and extend the “direct” approach by Kaplan and Strömberg(2004) to a four-...

Using a hand-collected sample of contracts and investment proposals from German venturecapital (VC) financing relationships, we find that experienced and or private law/independentVC firms rely to a lesser degree on debt financing and more on certain covenants in VC con-tracting even when we...

Petrakis and Xepapadeas (1996) proposed a system of self-financed transfers to expand the number of countries that sign an international environmental agreement. They also suggested a mechanism that detects cheating in those agreements when the emissions of an individual country cannot be...

In diesem Beitrag gehen wir der Frage nach, wie die Sicherung und die Schaffung von Beschäftigung zum Thema der industriellen Arbeitsbeziehungen, insbesondere auf der Ebene der Unternehmen, werden ...