Investment policy is a central issue in foundations. The capital stock of a foundation and its long-term retention are prerequisites of a foundation s perpetuity and independence. A foundation s goals can only be reached with the funds generated by the foundation s investment management. Ever...

Personnel is a strategic factor in the successful operation of museums. The harsh social and economic constraints challenging the cultural sector today amplify the importance of personnel management. However, the field of personnel in museums has received little notice as yet and has played a...

The cultural sector cannot avoid the effects of demographic change. The aging society, the shrinking population as well as emigration and immigration are presenting cultural institutions with considerable challenges. A complex analysis of the initial situation in each case is essential if those...