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Der Verwaltungsrat als Arbeitnehmer

Das Grundverhältnis zwischen einem Verwaltungsratsmitglied und der Aktiengesellschaft ist weder ein einfacher Auftrag noch ein Arbeitsvertrag oder Innominatkontrakt, sondern ein organschaftliches Verhältnis mit gesellschaftsrechtlicher und schuldrechtlicher Komponente. Doch der herrschende Druck zur Professionalisierung der Gesellschaftsleitung führt zu einer derartigen...

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Deutsch / 01/01/2005

Verantwortlichkeit der Verwaltung einer Genossenschaft

Die Verantwortlichkeit der Verwaltung einer Genossenschaft ist geprägt durch ihre besondere Rechtsform, welche dem Selbsthilfegedanken entsprungen ist. Nur für Kredit- und konzessionierte Versicherungsgenossenschaften gelten die gleichen strengen Verantwortlichkeitsregelungen wie bei der Aktiengesellschaft. Überall wo Unklarheiten über die analoge Anwendbarkeit von aktienrechtlichen...

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Deutsch / 01/01/2005

Refinancing Mortgages in Switzerland

This paper presents a multistage stochastic programming model for refinancing mortgages with non-contractual maturity under liquidity restrictions in the market. An extension to the management of other products such as savings accounts is straightforward. The evolution of interest rates is modelled by principal components for short-term and a two-factor mean reversion model with long...

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English / 01/01/2005

Rendite und Wirtschaftsentwicklung

Nach unserem intuitiven Verständnis sollte ein Zusammenhang zwischen Finanzwirtschaft und Realwirtschaft bestehen — zumindest langfristig. Wenn das so ist, müssen die durchschnittlichen Renditen für Unternehmen, Branchen oder Länder die Wirtschaftsentwicklung widerspiegeln. Die von Schumpeter geprägte Metapher zeichnet die Finanzwirtschaft als einen Hund, der auf einem gemeinsamen...

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Deutsch / 01/01/2005

New-Keynesian Models and Monetary Policy: A Reexamination of the Stylized Facts

Using an empirical New-Keynesian model with optimal discretionary monetary policy, we estimate key parameters---the central bank's preference parameters; the degree of forward-looking behavior in the determination of inflation and output; and the variances of inflation and output shocks-to match some broad characteristics of U.S. data. Our obtained parameterization implies a...

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English / 01/01/2005

Change Management

Deutsch / 01/01/2005

Können Organisationen nicht lernen? : Facetten organisationaler Lernkulturen

In der Diskussion um Lernende Organisationen und Organisationales Lernen hat in den letzten Jahren insbesondere im deutschen Sprachraum der Begriff der Lernkultur Eingang gefunden. Dabei ist festzustellen, dass dieser in der Forschung, aber auch in der Praxis auf eine sehr spezifische Art der Pflege des Lernens in Unternehmen (im Sinne eines selbstbestimmten, arbeitsnahen Lernens...

Deutsch / 01/01/2005

A Dialogue on Dialogue

English / 01/01/2005

Entrepreneurship: In between what?: On the "frontier" as a discourse of entrepreneurship research

This paper examines the discourses scholars in the field of entrepreneurship use to reflect upon the developments of this discipline and claims these discourses circle around three different versions of the notion of "frontier", namely as "limit", "horizon" and "in-between". While the arguments to limit and focus the field outnumber the horizon...

English / 01/01/2005

"Competitive Liberalization": a Tournament Theory-Based Interpretation

The current U.S. trade policy of "competitive liberalization" includes the following prominent features: stimulating a competition among trading partners for access to U.S. markets; the inclusion of provisions in trade agreements not directly related to market access; and a greater role for foreign and security policy in U.S. trade policymaking than in the past. I adapt the...

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English / 01/01/2005

The Design of Technical Assistance Programs

The work of the Subgroup on Technical Assistance has been focused on the recognition that the expansion of competition law around the world in the past 20 years has meant that capacity building is a central challenge for the vast majority of the International Competition Network's members. Capacity building is a significant endeavor that includes not only the effective...

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English / 01/01/2005

Summary of Participants' Remarks and Recommendations at a World Bank-GTZ sponsored Conference titled "Accession to the WTO: Country Experiences and Technical Assistance

Conference Summary - This summary is organised in the same manner as the sessions of the workshop. The first day of the workshop was devoted to a discussion of four developing countries' experiences with the WTO accession process and to an open panel discussion on the relative merits of potential reforms to the WTO accession process so as to make it more development friendly....

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English / 01/01/2005

What can we really learn from the competition provisions of regional trade agreements?

Even though members of the World Trade Organization decided not to
negotiate a multilateral framework on competition policy in the context of the Doha Round a growing number of them have agreed to international rules on competition law and policy in regional trade agreements (RTAs). Having summarized the main types of competition provisions in RTAs, this chapter then explores...

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English / 01/01/2005

What is the Relationship between Competition Law and Policy and Economic Development?

What possible contributions to economic development can the appropriate enforcement of competition law make? What harm could result from such enforcement? These two questions are uppermost in the minds of many policymakers, analysts, and scholars as they debate the merits of introducing and then implementing national competition laws. Now that, according to some counts nearly 100...

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English / 01/01/2005

Would Enforcing Competition Law Compromise Industry Policy Objectives?

One recurring concern in the debate over the efficacy of enacting competition laws in developing countries is that its enforcement may compromise important industrial policy goals. This concern has been raised in regional fora and in multilateral organizations such as the World Trade Organization, where officials have considered the pros and cons of including competition provisions...

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English / 01/01/2005

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