This paper develops a framework for illustrating why sponsored sports entities, the "sponsees", often struggle to achieve their sponsorship-related goals to maximise sponsorship income, to satisfy their sponsors, and to create positive image or brand effects through the sponsorship. Based on a...

The paper handles central topics of social system theory, such as contingency,emergence, communication, reality construction based on cognitive epistemology, and differential logic. The conducted discussion is embedded in the construction of a hermeneutic approach to social system theory....

The overall ‘social system-perspective on firms and organizations points out the role of ‘communication’ as the decisive construction tool for a social system. However, this point of view in the tradition of Niklas Luhmann, neglects the concrete transfer of systemic principles into the...

Managing the business processes of a company is a task which has emerged as a top priority across all industries. However, business process management (BPM) is not just a set of structured methods and technologies which can simply be assigned to employees. In contrary, the success of any process...

Das duale Prozessmodell dynamischer Fähigkeiten von Schreyögg und Kliesch-Eberl (2007) ist eine interessante Alternative zu Routine- oder Integrationsmodellen dynamischer Fähigkeiten. Das Modell bietet bislang jedoch nur eine funktionalistisch eingeschränkte Interpretation politischer...

What makes a decision strategic? When is strategy most important? This paper studies the structure and value of strategy (in its everyday sense), starting from a (functional) definition of strategy as ‘the smallest set of (core) choices to optimally guide the other choices.' This definition...

We investigate whether managers “hide” bad news by announcing earnings during periods of low attention, or by providing less forewarning of an upcoming earnings announcement. Our findings are consistent with managers reporting bad news after market hours, on busy days, and with less advance...

This study investigates various asymmetries that surround the board of directors, managers and shareholders and inhibit corporate governance effectiveness. It suggests to overcome a fundamental misconception that information asymmetry is the only form of asymmetry affecting corporate governance...

In this paper we explain the process and policy implications of Japanese firms' adoption of recently reformed corporate governance practices. We use a selective adaptation framework in doing so. We present some qualitative predictions about the possible outcome of their adoption process. One...