Purpose – The purpose of this paper is to focus on households' willingness to pay for electricity consumption and mitigation expenditure due to poor electricity infrastructure as a measure of demand and tariff setting. Design/methodology/approach – In this paper, the demand side management...

Summary Small and medium-sized enterprises are considered to be the principal generator of new jobs in the industrialised countries at least since the Birch (1979) study. According to this image, they are also stabilising the economy during the business cycles because of the lower volatility of...

Summary This paper focuses on the question whether West German firms have experienced an increase in their financial risk position with due implications for the macroeconomy. The investigation is based on a special evaluation of the balance sheet statistics by the Deutsche Bundesbank broken down...

Summary The main purpose of this paper is to evaluate corporate debt ratios by size classes in Continental Europe. Evidence is given on a sample of firms in manufacturing industry for ten European countries, all of them being in Euroland apart from Denmark (Austria, Belgium, Denmark, Finland,...

Zusammenfassung Die CSR-Forschung hat unterschiedliche Arten von Motiven für die Übernahme sozialer Verantwortung in den Unternehmen herausgearbeitet. Allerdings wurde dabei bisher kaum Aufmerksamkeit auf das CSR in klein- und mittelständischen touristischen Unternehmen gelegt. Der...

Zusammenfassung Der vorliegende Artikel verfolgt die Zielsetzung, im Kontext langfristig global erodierender, komparativer Wettbewerbsvorteile von Entwicklungsländer-Destinationen auf theoretisch-konzeptioneller Basis Möglichkeiten zur Institutionalisierung von nachhaltigen...

Summary The introduction of opening clauses in collective wage agreements allowing firms to deviate from their collective bargaining agreements has become widely accepted for the last fifteen years. With respect to the flexibility agreed through collective bargaining, the distinctions between...

Abstract This paper proposes two methods for estimating panel data models with group specific parameters when group membership is not known. The first method uses the individual level time series estimates of the parameters to form threshold variables. The problem of parameter heterogeneity is...

Abstract The symmetric shock of the Covid-19 pandemic has come with heterogeneous consequences across the world. Within the common institutional framework of the European Union, the outbreak has put under extreme stress governance and interplay between the national and supranational level. Under...

Abstract Motorcycle tourism offers tourist destinations the opportunity to diversify their offer and pursue competitive advantage and economic success. However, motorcyclists’ holidaymaking practices remain underexplored so far and there is an assumption of homogeneity within the riders’...