politicians around the world. We provide new insights to this ongoing debate by employing power indices from game theory to … examine the "real" power of employees on boards and its effect on firm performance. Based on unique panel data of the largest … listed companies in Germany, we find an inversely U-shaped relationship between labour power and Tobin's Q with a value …

politicians around the world. We provide new insights to this ongoing discussion by applying power indices from game theory to … examine the actual voting power of employees on boards and its effect on firm performance. Based on unique panel data on the … largest listed companies in Germany, we find an inverse U-shaped relationship between labor power and Tobin's Q. Moderate …

Power is a core concept in the analysis and design of organisations. In this paper we consider positional power in … hierarchies. One of the problems with the extant literature on positional power in hierarchies is that it is mainly restricted to … the analysis of power in terms of the bare positions of the actors. While such an analysis informs us about the authority …

Power is a core concept in the analysis and design of organizations. One of the problems with the extant literature on … positional power in hierarchies is that it is mainly restricted to the analysis of power in terms of the bare positions of the …-established approaches for the analysis of power in non-hierarchical organizations such as the Banzhaf measure; and thus they are all based …

preferences, with adequate cognitive algorithms to solve the decision-action problems at hand, and with self-seeking restrictions … on preferences themselves. They met in some openings in the forest and, conditional on the technologies available …; and, generally, the adaptation to particular social roles. Here "institutions" are the primitives, while "preferences" and …