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Effective Trust Management- An Evidence-based Practitioner‘s Guideline on how to Enable Stakeholders‘ Trust in Institutions

This infographic targets the debate on the dichotomy of trust and distrust, arguing in favor of trust and distrust being two seperate constructs, hence are not two opposite ends of the same continuum. Further, this infographic shows, that trust and distrust have different antecedents, distinct properties and disparate outcomes.

Given this, this infographic further summarizes…

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English / 09/11/2017

Third-Party Logistics Providers in the Digital Age: Towards a New Competitive Arena?

This paper looks at the impact of digitalization on third-party logistics (3PL) business models. An eclectic framework for the analysis of digital disruptions in service industries is elaborated by linking Porter’s five forces to insights from research on digitalization and innovation. Applying this framework to the business field of 3PL reveals that logistics service providers face…

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English / 04/11/2017

Grundzüge der Führungsethik

Eröffnungsbeitrag zum Dossier "Führung, Werte und Verantwortung" im Webmagazin FORUM WIRTSCHAFTSETHIK des Deutschen Netzwerks Wirtschaftsethik (DNWE).

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Deutsch / 03/11/2017

Are Correlations Constant? Empirical and Theoretical Results on Popular Correlation Models in Finance

Multivariate GARCH models have been designed as an extension of their univariate counterparts. Such a view is appealing from a modeling perspective but imposes correlation dynamics that are similar to time-varying volatility. In this paper, we argue that correlations are quite different in nature. We demonstrate that the highly unstable and erratic behavior that is typically observed…

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English / 01/11/2017

Shirk or Work? On How Legislators React to Monitoring

In 2014 the Swiss Upper House introduced an electronic voting system, which would make it easier to monitor the voting behavior of its legislators. In this system, individual decisions on specific exogenously defined vote types are published automatically, while all other votes are not publicly disclosed. The present paper uses this institutional change to determine, in a quasi-…

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English / 01/11/2017

Market Size and Entry in the Swiss Grocery Retail Industry

This paper empirically examines the business-stealing effect of store entry in the Swiss grocery retail industry. A uniquely spatially detailed dataset of all Swiss retail stores and residents is constructed, that captures important drivers of demand and competition with great detail. I employ Entropy Balancing to control for systematic differences across local markets and provide…

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/ 01/11/2017

From a Society of Second‐Handers to Galt’s Gulch: Ayn Rand’s Counter‐Worlds

In the wake of the economic crisis and with the rise of the Tea Party Movement in the United States, Ayn Rand’s novels have been (re-)discovered by a large readership. Advocating a stark individualism and laissez-faire capitalism, Rand’s opus magnum "Atlas Shrugged" (1957) resonates with many Americans’ fears that their country may resemble more and more the dystopian world…

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/ 01/11/2017

THE ANTIDOTE TO ENVY? – THE ROLE OF SOCIALIZATION IN ALLEVIATING THE NEGATIVE INFLUENCE OF ENVY IN HEADQUARTERS-SUBUNIT ALIGNMENT

This study explores the role of social comparison processes (SCP) in organizations. Unlike most SCP studies, we argue that SCP do not only take place on the individual, but also on the organizational unit level. Given the importance of procedural justice in headquarters-subunit alignment, we posit that organizational subunits engage in SCP with their peers on matters of procedural…

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/ 29/10/2017

Dyadic Value Distance: Determinants and Consequences

This paper establishes a measure of bilateral differences in values using 857 questions from the World Values Survey. We explore the determinants of value distance, linking it to geography as well as the historical relatedness of populations across 90 countries. Furthermore, we explore the explanatory power of value distance for the diffusion of technological development.

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English / 27/10/2017

Winning a Deal in Private Equity: Do Educational Networks Matter?

Networks can establish business connections and facilitate information flows; but how valuable are they in competitive settings, such as in the deal generation of private equity funds? We find that educational ties between management teams of acquiring fund and target company are frequent (around 15%) and increase the odds of winning a deal (by 79%). When competing with other funds,…

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English / 01/10/2017

Public Value Reporting - Der nächste Schritt

Die Evolution der Reportinginstrumente der letzten Jahre tendiert ganz klar in Richtung einer ganzheitlicheren Sichtweise, in der zunehmend auch gesellschaftliche Aspekte einen Platz einnehmen. Dabei setzen Neuerungen,wie z. B. Value Reporting, CSR Reporting, Integrated Reporting oder Shared Value Reporting, erweiterte Schwerpunkte. Jedoch reichen sie nicht aus, um die…

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Deutsch / 01/10/2017

Konsequenzen einer missbräuchlichen Kündigung

Die Kündigungsfreiheit wird durch eine Reihe von zeitlichen und sachlichen Vorschriften beschränkt. Die interessierenden Art. 336–336b OR befassen sich mit dem sachlichen Kündigungsschutz. Dieser bleibt unter dem europäischen Standard. Untersagt ist lediglich die missbräuchliche Kündigung. Wer das Arbeitsverhältnis aus Gründen kündigt, die das Gesetz als missbräuchlich bezeichnet,…

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Deutsch / 01/10/2017

Managerial Decision Making in Open Innovation: The Effect of Individual Hierarchy Level on the Evaluation of Customers’ and Employee’s ideas

The present research deals with the influence of managers’ construal level on evaluations of customers and employee’s ideas in innovation contexts. While prior research found one’s situational construal level associated with creativity and feasibility ratings of ideas, we provide theory and evidence to suggest that the true hierarchy level of managers can alter evaluations of ideas…

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English / 29/09/2017

Management - quo vadis?

Keynote anlässlich der feierlichen Graduierung des 1. Jahrgangs der Delta Akademie der Monanuniversität Leoben.

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Deutsch / 29/09/2017

Disruption at the Door: A Taxonomy on Subscription Models in Retailing

Subscription models have become a popular new way for consumers to
do their shopping. This paper presents a taxonomy of the three main
archetypes of subscription models and develops a classification scheme
with type-specific features relevant to their successful management.
An implementation framework offers managers a guideline to introduce
subscription…

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English / 25/09/2017

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