In today's uncertain financial climate it is particularly important for entities to explain their financial performance relative to their expectations. Therefore, the paper analyzes the quality and quantity of management reporting in Germany's publicly traded MDAX and SDAX companies using a...

This paper uses panel data on over 200 regions of Europe to study the spatial distribution of UNESCO sites and the capacity of regional governments to conserve heritage, using new designations in the World Heritage List as a proxy. We test whether the location of a region matters by controlling...

The main objective of passive employment policies is to guarantee a certain level of consumption and well-being for workers who lose their jobs. These policies also aim to assist the unemployed in searching for a new job and to improve the matching between employers and workers to generate...