Diese Studie entwickelt auf Basis einer Literaturrecherche ein Resilienz-Modellfür Unternehmen. Darauf aufbauend identifizieren wir anhand von exemplari-schen Fällen Einflussfaktoren und Mechanismen, die relevant für die Bewälti-gung der Corona-Pandemie sind. Es zeigt sich: Resilienz ist...

This paper explores the internal organization of production in technology firms. We propose that flat hierarchical organizations is the technology-intensive firm's response to the need for worker skill diversification in an environment where skills become obsolete very rapidly. If it is...

This research note presents cross-country evidence that job satisfaction is higher for self-employed than for employees. The examination, however, does not stop at this point and examines the reasons why this is the case. Using data on 25 European countries, we can show that individuals seem to...

Die vorliegende Studie untersucht, wie sich der Anteilswert der eigentümer- und familiengeführten Unternehmen an der Gesamtzahl aller Unternehmen seit dem Jahr 1998 verändert hat. Hierzu wurden rund 16.500 repräsentativ ausgewählte deutsche Unternehmen auf ihre Eigentums- und...

Taking into account that it is in the nature of the modern corporat ion that risks are distributed over several agents, we discuss in this paper the organisational behaviour as it results from such dispersal of responsibilities for both the principal and the agent. We explore the hypothesis that...

This paper summarizes reactions to the theory of contestable markets and industry structure. The reactions came immediately after the theory was published. The summary finds that the proposed theory stands on sound grounds. However, empirically the theory leaves much to be desired especially for...

Este artículo es resultado de la investigación titulada "La sucesión en las empresas de familia: un análisis desde la teoría de la agencia", en el que se exponen los principales enfoques de la teoría de la agencia y su aplicación al caso de las empresas de familia; además se presentan los...

It is widely believed that corporate boards are overly reluctant to fire their CEOs. The conventional explanation for retaining a CEO regardless of his/her talent is that a CEO chooses the board members and has the power to fire them. However, very few studies have investigated how a new CEO is...

Recent years have seen a rediscovery of the fact that a healthy financial and economic system cannot be based on the lowest common behavioural denominator of what is technically permissible under the black letter of the law. Something more is needed – variously described as ‘sound culture',...