Change management projects typically fail because they meet employee resistance created by emo-tional sensemaking processes. In this article, we present:(a) an in-depth explanation for these failures and,(b) how change managers could avoid them. Our argument is presented in the following three...

We develop an approach for companies to make strategic choices of location based on the interdependency of location factors with different stages of the value creation process. We argue that the relevance of location factors varies with changing needs of R&D, procurement, production, sales &...

We hope that these contributions might be a stimuli for new theories, empirical validation and ideas for practical challenges. There are many challenges in our field but we believe that well-developed theories would be highly productive for its advancement. With this in mind, we also encourage...

This paper presents a multi-stakeholder approach for developing an appropriate privacy regulation in the age of big data. We develop our argument in five steps, starting (1) with a review of the current academic debate on privacy regulation. We analyze a dysfunctional mutual excludability...

Organizational change typically implies risk for affected staff, who, consequently, will resist such change. A review of literature on this subject indicates that no appropriate framework has been developed for implementing challenging organizational change that looks after the interest of a...

Firms with more levels of decision-making hierarchies achieve in average poorer results but have lower overall risks. This is the consequence of poor managerial assessments, where errors of the first and second order reduce the firm’s performance. Despite the negative effect of hierarchies,...

For quite some time long-only index funds have been suspected of being responsible for price increases in agricultural futures markets. This suspicion has prompted demands to drastically limit long-only index fundsʼ scope of activity. Such demands and their underlying diagnoses, however,...

This paper presents an empirical approach that combines competing paradigms of modeling in empirical capital market research. The approach simultaneously estimates the explanatory power of fundamentals, expectations, and historic yield patterns, making it possible to test the extent to which the...

Kurzfassung. Long-only-Indexfonds stehen seit geraumer Zeit unter Verdacht, für die Preisanstiege an landwirtschaftlichen Warenterminmärkten, insbesondere für Getreide, verantwortlich zu sein. Diese Arbeit untersucht anhand partieller Gleichgewichtskonzepte die langfristige Marktwirkung von...