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Expressive shareholder democracy? A multilevel study of shareholder dissent in 15 Western European countries

This study develops an expressive understanding of shareholder dissent. In this view, shareholder dissent is not only about the voting outcomes of proposals put to the vote, but also expresses an evaluation of the firm's corporate governance set-up. We hypothesize that shareholder dissent expresses an agency theoretical evaluation of corporate governance, but that the degree to…

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English / 01/01/2016

Corruption: Uncovering the Price of Normative Morality and the Value of Ethics

Corruption should be understood as illustrative of an ethical problem that runs deeper than specific immoral actions. This Article sees corruption as an unethical exchange, a view that can shed light on the economic structure of normative morality (as distinguished from ethics which is the theoretical field that underlies normative morality)—a structure that enables the possibility…

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English / 01/01/2016

Maintaining Moral Legitimacy through Worlds and Words: An Explanation of Firms' Investment in Sustainability Certification

A prominent way for firms to manage their moral legitimacy is to invest in sustainability certifications. However, a significant subset of firms remain reluctant to invest in sustainability certifications even decades after the establishment of such certifications. Our paper seeks to elucidate this variance by exploring how firms in the coffee, tea, and chocolate industries…

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English / 01/01/2016

Revealing the chief strategist's hidden value : How CEOs can measure their CSOs' performance - Chief Strategy Officer Survey 2016

The work of strategy departments and all who are responsible for the strategy planning process has not got any easier in recent years. The context in which strategic plans must be formulated has grown less stable. Volatility and uncertainty make business decisions more difficult. Given this situation, it is not a bad idea
to critically review what have traditionally been the…

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English / 01/01/2016

A Competence Development Framework for Learning and Teaching System Dynamics

Current teaching and learning of system dynamics is based on materials derived from the expertise of masters. However, there is little explicit reference to the stages which beginners go through to become proficient nor what is learned at each of these stages. We argue that this hinders cumulative research and development in teaching and learning strategies. We engaged 15…

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English / 01/01/2016

A Test of the Viable System Model: Theoretical Claim vs. Empirical Evidence

The Viable System Model by Stafford Beer embodies a theory about the preconditions of organizational viability. This theory has been discussed extensively by the academics and professionals of organizational cybernetics. The theoretical claim of the Viable System Model (VSM) is bold. It asserts to specify the necessary and sufficient preconditions for the viability of any…

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English / 01/01/2016

Family business philanthropy Creating lasting impact through values and legacy

Family business philanthropy operates at the intersection of family, business and society and is of crucial importance to social goods such as education, health and humanitarian aid around the world. For instance, corporations and foundations in the US, many which
are family-owned, donate over US$ 67 billion per year. In the UK, the top 100 family businesses and foundations…

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English / 01/01/2016

Model-based Management: A Cybernetic Concept

The purpose of this contribution is to elaborate an integrative framework for model-based management, drawing on the concepts of cybernetics. This conceptual frame should enhance managers' understanding of structures that give rise to patterns of system behavior, helping them to design more effective policies and improve their practice in general. We ?esh out the commonalities…

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English / 14/12/2015

Narrative identity construction in times of career change: Taking note of unconscious desires

Working at the intersection of narrative and psychoanalytic theory, we present in this article an affective conceptualization of identity dynamics during times of career change, incorporating the notion of unconscious desires. We propose that frictions in career change narratives, such as the paradoxical co-existence of coherence and ambiguity, allude to unconscious subtexts that can…

English / 01/12/2015

In the horns of the dilemma: socioemotional wealth, financial wealth and acquisitions in family firms

We posit that family firms often face a dilemma in their strategic decision making: whether to maintain current socioemotional wealth (SEW) or pursue prospective financial wealth. Applying such a mixed gamble perspective to acquisitions, family owners assess potential acquisitions with regard to their impact on both wealth dimensions. In line with this reasoning, we find that family…

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English / 17/11/2015

Family, Wealth, and Governance: An Agency Account

Family firms often evolve into ownership constellations with multiple family owners. Building on agency theory, we argue that the growing complexity within a group of family blockholders gives rise to what we label family blockholder conflicts, defined as conflicts within a group of family owners. To curb family blockholder conflicts, families often separate the family from its…

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English / 01/11/2015

An Uncommon Wealth . . .Transforming the Commons With Purpose, for People and Not for Profit!

The overemphasis on individualism in much normative entrepreneurship discourse belies the powerful role played by local level and communal forms of barter, culturally based collectivist models of organization, social enterprise, and other forms of co-investment. Following Rindova et al., we argue innovation in entrepreneurship can be an emancipatory process with broad change…

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English / 21/10/2015

Integrating Bricks with Clicks : Retailer-Level and Channel-Level Outcomes of Online-Offline Channel Integration

This research examines the impact of online-offline channel integration (OI), defined as integrating access to and knowledge about the offline channel into an online channel. Although channel integration has been acknowledged as a promising strategy for retailers, its effects on customer reactions towards retailers and across different channels remain unclear. Drawing on technology…

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English / 20/10/2015

Beyond Guilty Verdicts: Human Rights Litigation and its Impact on Corporations' Human Rights Policies

During the last years there has been an increasing discussion on the role of business in human rights violations and an increase in human rights litigation against companies. The result of human rights litigation has been rather disillusioning because no corporation has been found guilty and most cases have been dismissed. We argue that it may nevertheless be a useful instrument for…

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English / 13/10/2015

Researching affective atmospheres

In this contribution, I suggest activating the notion of atmospheres as a heuristic device to empirically research affects. I will argue that analysing the composition of atmospheres allows one to take into account three key dimensions of affects: their spatio-materiality, their sensuality and their (in)stability. Building on a process understanding of atmospheres, I reflect on how…

English / 05/10/2015

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