This paper deals with a topic of common concern to China, Europe and the United States: the negative effects of bankruptcy stigma on the second chance (fresh start) policy encouraging restructuring of businesses as an alternative to their liquidation. In most Continental European civil law...

A new organization: how can your company deliver radically greater value -- Section 1. The context: responding to fast-changing markets: Environment: how can you recognize, respond to, and shape your environment? -- Strategic agility: how can you define a pathway for growth? -- Section 2. The...

Deckblatt -- Titelseite -- Impressum -- Inhalt -- Einführung und Überblick -- I Wettbewerbsdynamik -- 1 »Staat-Up« für eine neue Gründerzeit -- 1.1 Mit politischen Reformen zu wirtschaftlichem Erfolg -- 1.2 Von der industriellen in die digitale Revolution - mit 4 Säulen -- 1.3 Kapital...

This paper examines the effects of institutional forces on change schemas of senior managers, mid-level managers and front-line workers of different types of firms in China. We postulate that several socio-economic forces including regional economic prsoperity, firm type (state-owned and...