Purpose: The purpose of this paper is to develop the hitherto unexplored concept of strategic discipline. Design/methodology/approach: Three fairly iconic firms of the Germanic Mittelstand (ALDI, Stihl and Hipp) are examined. The meaning and relevance of strategic discipline is derived....

Purpose: This paper aims to explore hidden wellsprings of risk-taking in family firms. Design/methodology/approach: The high tolerance for risk shown repeatedly by the famous family firm Hipp of Germany is documented. Three major risk-taking episodes at Hipp are examined. Findings:...

During the last few decades, the internet and digital technology have fundamentally changed the global music industry. As a consequence, new companies and novel business models have emerged. Spotify, one of the new players in the music industry, has expanded its business activities and grown to...

E-commerce has grown considerably in recent decades and has had a disruptive impact on the retail industry. In this context, Amazon, one of the major players in (online) retailing and beyond, has been able to expand its business activities continuously in many countries. The present case study...

The present paper brings novel insights to career literature, in particular to the field of top managers' careers: first, by relying on the boundaryless career approach, we investigate how those managers who reach the top differ in terms of career variety before being appointed to the board....

In this paper, we study the effect a CEO's international work experience has on his or her compensation. By combining human capital theory with a resource dependence and a resource-based perspective, we argue that international work experience translates into higher pay. We also suggest that...

The number of top managers with foreign nationality and of top managers with international work experience on corporate boards has increased over the last decades. In business and management literature, the common understanding is that board diversity and international work experience for board...