In this paper, I examine the role of tradition in the German textile industry with regard to how SMEs will manage future technological change. The study is based on a sample of 38 semi-structured in-depth interviews with C-level executives from German textile manufacturing companies and textile...

Little light has been shed on the functioning of business in potential post-growth economies. With this paper, we aim to expand discussions on post-growth economies to the company level and suggest one possible way to connect existing management practise with the fact that, in order to stay...

This paper examines the issue of the ethics of tax evasion. It begins with a review of the literature and proceeds to discuss the three main views on the issue that have emerged over the last 500 years. The paper then reports on the results of a series of surveys taken of various populations in...

The Internet-based crowdinvesting market in Europe has developed significantly since its start in 2007 and has become an alternative source of finance for entrepreneurs to sell securities through the Internet to small investors. This market evidences a great variety in platform design and...

With a market share of 76.2 percent of the total German crowdfunding market with monetary consideration (German: Crowd-investing), real estate projects make up the largest part by far. Only a significantly smaller portion is used for classic start-up finance. The volume brokered, and the number...

The real estate crowdfunding market in Germany and Austria has experienced a strong growth in recent years. By end of 2018 nearly € 400m have been raised through real estate crowdfunding in Germany. From the investors' perspective, however, things do not always look so shiny. More and more...

The dialogue of the board and its chairman with investors is an established practice in many countries, such as the United Kingdom, the USA, the Netherlands, Belgium, France and recently also Germany. In the UK this dialogue covers the whole range of relevant board topics, certainly including...

The role of shareholders in corporate governance is traditionally that of principals under agency theory, the directors being the agents. For a long time, their active role has mainly been restricted to rights which are exercised in the general assembly, though more recently institutional...