Credit Default Swaps have become a large part of financial markets and recently the center of debate between academics and regulators alike. Transferring the techniques to measure information flow between the CDS market and stock markets presented by Acharya and Johnson (2007), this paper looks...

Das Papier nimmt aus sozialwissenschaftlicher Perspektive zur Debatte über die Zukunft der Aufsichtsratsmitbestimmung Stellung, indem es den Stand der empirischen Mitbestimmungsforschung zusammenfasst und weiterentwickelt. Es weist nach, dass Mitbestimmung auf Ebene der Leitungsorgane in den...

Strategic management of the firm includes the strategic management of information technology in the context of business relationships. Firms do not exist in isolation. Multiple constituents make up a relationship network that constitutes the vital resources needed to fulfil the mission of a...

This paper describes a study that investigates the mediating effects of information technology (IT) on the relationships among product and process innovations and firm performance (measured in multiple profitability and growth rate metrics). Using structural equation modeling on a sample of 397...

The purpose of this research is to predict the fundamental performance of a firm as measured by the rate of return on assets (ROA). The paper presents a model relating ROA to prior year ROA and to the level of activity in the economy. A principal components' analysis of thirty-three economic...

In order to gain competitive advantage, companies must determine the relationship between HR practices and firm performance. This conceptual paper proposes a model that highlights the importance of selecting people who “fit” within the organizational culture and climate of the firm. The...

To assess the impact of the recession on the financial performances of the lodging industry, this study examines sample firms’ financial ratios in 2006, the year immediately prior to the recession, to those in 2008, the year during which the recession was in full swing. The findings of this...

There is a growing awareness that corporate governance variables play an important role in firm performance. While the majority of researchers argue that firm performance is positively associated with corporate governance structure, some other scholars suggest that there is no link between...