Risk-neutral individuals take more risky decisions when they have limited liability. Risk-neutral managers may not when … actions. The resulting decisions may be less, rather than more, risky. Making a decision after acquiring information provides …

) business ethics to management analysis and education. As a first step, the paper argues that business ethics theory needs to … sein muss und warum es vorteilhaft ist, wenn eine solche Ethik als ökonomische Theorie der Moral operiert, ((b)) wie eine … Theorie für die Praxis nicht verarmt, sondern bereichert wird und ((c)) wie – angesichts einer erneut heftig geführten …

theoretical explanations underlines the diversity of decision criteria towards a high or low level of vertical integration. The … results facilitate the decision making of the OEM’s on vertical integration. …

In bisherigen Untersuchungen der Auswirkungen aktienkursorientierter Management-Entlohnung auf den Preiswettbewerb …In the recent research on the effect of stock-based incentive compensation for managers on the degree of collusion … expectations of future demand change over time, managers with stock-based remuneration still have a greater incentive to collude …

with a finite decision. This paper suggests that this agonistic approach needs de-cisions or simply put, temporary … decisions drawn from seeing a decision as a solution for now. A de-cision is not a no-decision, but a decision recognised as … planning process from being a matter of reaching a finite decision to a strife about how to understand the present and which …

between external managers and family firm owners. By applying both the agency theory and the resource based view, we are able …Objectives: We examine decision factors of family firm owners for hiring a non-family Chief Financial Officer (CFO). We … explore the perceptions of family firm owners towards external managers by analyzing how their family-specific and company …

of routines associated with this decision. We found that the most important factors that predispose Russian CEOs towards … entwickeln als andere und haben untersucht, welche Arten von Routinen mit dieser Entscheidung verbunden sind. Wir fanden heraus …