Over one million firms around the world have adopted a Quality Management System (QMS) that conforms to ISO 9001 certification in 2015 and recent figures show that certifications have rapidly increased in emerging economies. ISO 9001 is considered a signal of high quality for products or...

Over one million firms around the world have adopted a Quality Management System (QMS) that conforms to ISO 9001 certification in 2015 and recent figures show that certifications have rapidly increased in emerging economies. ISO 9001 is considered a signal of high quality for products or...

We study empirically the determinants of deposit supply using bank level data from local Finnish cooperative banks. Of special interest is the effect of bank branch density on deposit supply. Our main finding is that holding other things constant, the denser the branch network, the lower the...

In a model of bank lending characterized by asymmetric information, we show that banks may misuse the availability of an interim monitoring technology to soften price competition, even though the borrowers face no moral hazard problem. The interim monitoring technology can also be used to...

The existence of bitcoins and NFTs, and perhaps also the possibility of founding a company on a blockchain network, should have gotten around after 15 years. At present, software engineers continue to work on solutions in Web3, new business activities such as coin minting, blockchain...

The existence of bitcoins and NFTs, and perhaps also the possibility of founding a company on a blockchain network, should have gotten around after 15 years. At present, software engineers continue to work on solutions in Web3, new business activities such as coin minting, blockchain...

The literature on quality-management standards has generally focused on the drivers, motivations, and performance effects of adopting such standards. Yet the last decade has witnessed a substantial degree of decertification behavior, as organizations have increasingly decided to voluntarily...

Viele Unternehmen experimentieren mit Agilität. Gleichzeitig ist die Unsicherheit groß, wieviel Agilität ein QM-System nach ISO 9001 tatsächlich verträgt. Ein gemeinsames Forschungsprojekt der Hochschule Hannover und der DGQ hat sich zum Ziel gesetzt, hier mehr Sicherheit zu geben. Aus...

In listed companies, the Board of directors has ultimate responsibility for information disclosure. The conventional wisdom is that director independence is an essential factor in improving the quality of that disclosure. In a sense, this approach subordinates expertise to independence. We argue...

The recent financial crisis has led to a major debate about fair-value accounting. Many critics have argued that fair-value accounting, often also called mark-to-market accounting, has significantly contributed to the financial crisis or, at least, exacerbated its severity. In this paper, we...