Main description: In der Volkswirtschaftslehre erkennt man immer mehr, dass die klassische Figur des eigennützigen und rational handelnden Homo Oeconomicus zur Erklärung individuellen Verhaltens nur begrenzt geeignet ist. Es wird deutlich, dass auch moralische Motive das menschliche Handeln...

We document empirical evidence that the investment patterns of the two most relevant investor groups from regions with hierarchical structures in the German stock market, namely China (including Hong Kong) and the Gulf Cooperation Council, differ substantially. Chinese investors buy large shares...

Share repurchase conveys information to investors and influences stock price in capital market. Normally when a company announces share buyback, the company's stock price will rise immediately. Thus, some insiders may take advantage of this pattern and create a fake repurchase event. When the...

Research Question/Issue Using insights from an in-depth qualitative interview study, we propose an input-process-output model where the link between women directors (input) and corporate financial performance (output) is mediated by board attendance and where board attendance serves as a proxy...

In 2015, Germany passed the Gender Quota Law, and while some countries compelled listed companies to reserve at least 30% of their executive seats for women, imposing fines on the firms that failed to comply, Germany favoured soft-law quotas with almost no penalties. Additionally, this policy...

In der vorliegenden Arbeit wurde empirisch überprüft, ob ein hohes Transparenzangebot über und von Unternehmen zu einer Erhöhung ihrer organisationalen Legitimität führt. In einem experimentellen Design wurde dazu die individuell wahrgenommene organisationale Legitimität anhand der von...

Power relations in the upper echelon have been a focal point in strategic management literature. However, the dynamic environment requires rapid decision making, raising the question of whether to centralize power in the CEO. In that respect, this thesis aims to identify the sources of CEO power...

Debt-financing potentially causes frictions in firms, as the creditors represent an additional group of stakeholders creating conflicts of interest with other stakeholders. This raises the question how corporate performance is affected by the presence of creditors. Could it be in the firms'...

Welche Strategien können helfen, um für die Zukunft Tradition und Innovation erfolgreich miteinander zu verbinden? Mit dieser Frage beschäftigte sich der 9. Kongress der Sozialwirtschaft im April 2015 in Magdeburg.Die Sozial- und Gesundheitswirtschaft steht vor dem Hintergrund einer weiter...