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workers, (b) management opposition against workers' organizing drives, (c) the possibility of productivity enhancing effects … of forgone productivity gains puts an upper bound on management opposition against organizing drives of the workers, even … if management opposition is cost-less. Strategic gift exchange - less opposition for higher productivity - plays a …
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Die Globalisierung wirtschaftlicher Aktivitäten bei gleichzeitiger Fragmentierung und Dynamisierung der Markts verschärft den internationalen Kosten- und Innovationswettbewerb. Flexibilität und Innovationsfähigkeit sind zu entscheidenden Wettbewerbsfaktoren geworden. Viele Unternehmen haben...
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In bisherigen Untersuchungen der Auswirkungen aktienkursorientierter Management-Entlohnung auf den Preiswettbewerb …
Persistent link: https://www.econbiz.de/10010305014
The present paper deals with the distinction between the models of the managed and entrepreneurial economies. It explains why the model of the entrepreneurial economy may be a better frame of reference than the model of the managed economy in the contemporary, developed economies. This is done...
Persistent link: https://www.econbiz.de/10010276800
A company’s intellectual capital consists of a set of various non-physical sources of value, such as employee competencies, stakeholder relationships and patents. This paper examines the relationship between intellectual capital and productivity at company-level. It is based on a conceptual...
Persistent link: https://www.econbiz.de/10010285125
Banks face two different kinds of moral hazard problems: asset substitution by shareholders (e.g., making risky, negative net present value loans) and managerial rent seeking (e.g., investing in inefficient 'pet' projects and consuming perquisites that yield private benefits). The privately...
Persistent link: https://www.econbiz.de/10010287043
Es ist ein verbreitetes Vorurteil, dass kleinere Unternehmen weniger gut geführt werden als größere Unternehmen. Empirische Unterstützung erfährt diese Auffassung durch Erhebungen, die zeigen, dass kleinere Unternehmen das vorhandene betriebswirtschaftliche Instrumentarium nicht in gleichem...
Persistent link: https://www.econbiz.de/10010309756
In this paper we account for observed management practice in the estimation of aproduction function. In our model … management practice is observable and we allow it toaffect output directly (neutral shift) and indirectly by affecting input … (in)efficiency do not correlate highly with observedmanagement. We also find that management affects output both directly …
Persistent link: https://www.econbiz.de/10010312060