Recent research has led to the empirical regularity that rm growth rate distributionsare heavy tailed. This nding implies that a few rms experience spectaculargrowth rates and decline, but that most rms have marginal growth rates. The literatureon high growth rms shows that high growth rms are...

We investigate the strategic impact of exible delivery frequencieson the competition of logistics service providers (LSPs) in a supplychain. LSPs compete for customers who choose an exclusive serviceprovider based on their individual preference, prices and inventorycosts. The service provider...

A financial system can only perform its function of channelling funds from savers toinvestors if it offers sufficient assurance to the providers of the funds that they will reapthe rewards which have been promised to them. To the extent that this assurance is notprovided by contracts alone,...

Financial constraints are frictions that prevent firms from funding all desired investments, which might affect firm value and aggregate economic activity. We investigate whether and how bank governance, especially private vs. non-private bank ownership, affects financial constraints of small...

This article discusses how the theoretical perspective of ordonomics provides a frameworkfor better understanding and advancing the practice of social entrepreneurship.From an ordonomic perspective, the concept of social entrepreneurship offers a semanticinnovation (at the ideas level) whose...

Increasingly, retailers nowadays have to focus on service marketing strategies and tactics to differentiate themselves from their competitors.Delivering high levels of service quality becomes crucial for long-term success. Since customers' perception of service quality depends very muchon the...

Im Verlauf fortschreitender Ökonomisierung und des in allen Sparten stattgefundenenGrößenwachstums von Primärgenossenschaften ist hier und da inder Beziehung „Mitglied – Genossenschaft“ ein Verlust von Gemeinschaftsgefühlund persönlicher Verbundenheit eingetreten. Damit geht...

Große Genossenschaften werden maßgeblich und überwiegend gelenkt und gesteuert durch den Vorstand. In der aktuellen Ausprägung gerade von Großgenossenschaften lässt sich dabei eine abnehmende Bedeutung der Mitgliederinteressen und -mitwirkung beobachten. Dies verstößt tendenziell gegen...

Begeben wir uns auf eine Zeitreise in die Mitte des 19. Jahrhunderts. Innerhalb weniger Jahre entstanden in verschiedenen Wirtschaftszweigen erste Associationen: ein Konsum- und Sparverein Ermunterung in Chemnitz (1845), als Hilfsvereine der Weyerbuscher Brodverein (1846/47) und der...