How does the environment of an organization inuence whether workersvoluntarily provide eort? We study the power relationship betweena non-prot unit (e.g. university department, NGO, healthtrust), where workers care about the result of their work, and a bu-reaucrat, who supplies some input to the...

We re-examine the labor donation theory of not-for-profits and show that these organizations may exist notnecessarily because motivated workers prefer to work in them, or that they dominate for-profits in terms ofwelfare, but because the excess supply of motivated workers makes the non-profit...

This paper determines the cost of employee stock options (ESOs) to shareholders. I present a pricing method that seeks to replicate the empirics of exercise and cancellation as good as possible. In a first step, an intensity-based pricing model of El Karoui and Martellini is adapted to the needs...

Derzeit herrscht eine rege sozialpolitische Diskussion über die Frage, ob auchin Deutschland ein gesetzlicher Mindestlohn eingeführt werden sollte. Dievorliegende Arbeit beschäftigt sich mit der These „Der Mindestlohn muss her,weil man von Arbeit leben können muss“.Die angespannte Lage...

The allocation of decision-making authorities may be seen as the last link in a causalrelationship starting from changes in environment and continuing to business strategy.Changes in task complexity, which can be measured by the introduction of a diversificationor an outsourcing strategy, are...

The career prospects of newly recruited employees differ substantially within an organization.The stars experience a considerable growth in earnings; others can hardly maintain theirentry salaries. This article sheds light on the mechanisms generating the observedheterogeneity in earnings...

Based on the LEN-model KRAPP (1999, 2000) analyses for different constellations howcollusive behaviour of agents influences the principal’s welfare. We try to complement this analysisby considering additional scenarios. Furthermore, we take into account that the principal cannot ap-praise...

Does competitive pressure foster innovation? In addressing this important question, priorstudies ignored a distinction between discrete innovation aiming at entirely new technologyand continuous improvement consisting of numerous incremental improvements andmodifications made upon the existing...

Aktuelle Studien zur Arbeitssituation in Unternehmen belegen Einzelaspekte wieProduktivitätsverluste, fehlende emotionale Bindung der Mitarbeiter und Defizite imManagementverhalten. Die Thematik wird in dieser Fallstudie in einem interdisziplinärenAnsatz untersucht. Basierend auf dem Modell...