In this work we shall attempt an excursus across fundamentally different streams of modern interpretations of the "primitive entities" constituting the social fabrics of economic systems. Behind each specific interpretative story, there is a set of ceteris paribus assumptions and also some...

In der vorliegenden Dissertation wird ein Managementtrend untersucht, der die Abschaffung autoritativer Hierarchien in Unternehmen propagiert. Der Fokus der Arbeit liegt auf Paradoxien, Leidenschaft und Macht in dezentralen Organisationen. Es wird aufgezeigt, wie Diskurse und Alltagspraktiken in...

This paper examines how the quality of firm information disclosure affects shareholders' use of dividends to mitigate agency problems. Managerial compensation is linked to firm value. However, because the manager and shareholders are asymmetrically informed, the manager can manipulate the firm's...

Corporate-level fraudulent activity has instilled a state of concern and heightened awareness in investors, the media and employees alike as perceived sensitivity to illegal behavior continues to increase. With corporate giants such as Enron, Tyco and Health South being prime examples of this...