Research questions: In which ways do cultures differ? Do differences in culture affect management practice? What are the differences between Chinese and German controlling methods? What are the links between cultural factors and controlling methods? Methods: Two case studies of German companies...

A Discrete Choice Experiment (DCE) in the health-care sector is used to test the loss aversion theory that is derived from reference-dependent preferences: The absolute subjective value of a deviation from a reference point is generally greater when the deviation represents a loss than when the...