Subjective performance evaluation is modeled as auditing without commitment. A superior, who has to decide whether an where to audit the work done by a subordinate, takes into account all interim information he has obtained in the meantime. This invites workers to cover up and withhold...

Die Studie enthält die Ergebnisse der 7. HR-Expertenbefragung mit der Zeitschrift Personalwirtschaft zum Thema „Führungskräftebeurteilung“ und dessen Weiterentwicklung zum 360°-Feedback. Betrachtet und kritisch kommentiert werden der gegenwärtige Verbreitungsgrad und der realisierte...

Die Studie stellt die Ergebnisse einer Umfrage unter Vertretern der leitenden Angestellten im Aufsichtsrat von mitbestimmten Unternehmen vor, die im September 2004 in Kooperation mit dem Deutschen Führungskräfteverband durchgeführt wurde. Ziel der Studie ist es, den Arbeitsprozess von...

This paper studies the bilateral drivers of mergers and acquisitions (M&As) between European banks. Two findings document that banks use M&A as a device to leverage their expertise rather than to diversify. (i) Following the literature on matrimonial matching by using a binary logit model, the...

Companies occasionally are unable to finalize publicly announced M&A bids-a phenomenon we refer to as failed deals. Despite their commonality, the implications of failed deals for bidding firms are not well understood. We thus theorize about and empirically investigate the relationship between...

This study examines mergers and acquisitions and their economic impact on companies. The study examined which companies in Finland become the targets of acquisitions, how the economic activities of the target companies develop after the change of ownership and whether there is a difference...

This study investigates to which extent firms operating in sectors more integrated into Global Value Chains (GVC) are more likely to be involved in cross-border Mergers and Acquisitions (M&A) flows. We focus on firms acquired in the EU27 during the period 2008-2020 employing a gravity model....

הקפיטליזם שולט בעולם. דיונים סוערים מתנהלים בין המלומדים הממסדיים לבין "הביקורתיים" על טיבו של הקפיטליזם הגלובלי. הבעיה היא שטיבו של המוסד המרכזי בקפיטליזם -- ההון...

An unfamiliar term in the not-too-distant past, "net zero" has become a headline-maker in the business and financial world with the growing importance of climate change. Succumbing to increasing pressure, companies and financial institutions around the world have come to adopt net-zero...