infonet-economy

Increasing financial disparity and spiralling wages in European football have triggered a debate about the introduction of salary caps. This paper provides a theoretical model of a team sports leagues and studies the welfare effect of salary caps. It shows that salary caps will increase competitive balance and decrease overall salary payments within the league. The resulting effect...

We show theoretically and empirically that Pay-for-Performance, like many management fashions, has not achieved its intended aim. Our research focuses on previous
empirical studies that examine the relation between variable executive pay and firm performance on various different dates. Our results indicate that a variable CEO income contributes very little to the increase of...

Leasinggeschäfte sind gemäss Swiss GAAP FER nach ihrem wirtschaftlichen Gehalt und nicht nach Massgabe der rechtlichen Form anzusetzen. Die Problematik liegt dabei
in der Beurteilung der rechtlichen und wirtschaftlichen Sachverhalte, die in Swiss GAAP FER 13 explizit geregelt wird. Der Beitrag zeigt, unter welchen Voraussetzungen und auf welche Art eine Bilanzierung von...

Companies are increasingly discovering the potential of collaborating with others to create innovative products - often across industries - by combining their specializations in a unique way. A pre-condition for the success of these ventures is to build a common knowledge base, usually by duplicating selected parts of the partner’s knowledge. In this article, a case study and a...

We analyze the effect of national diversity on sports team performance. Due to language
barriers, we expect the team’s productivity to decrease with the number of
nationalities, but that the introduction of further nations and further aspects of different
cultures might lead to additional skills within the team. We test our hypothesis
on a seasonal individual...

Die Unternehmenspraxis ist nicht nur durch Vertragsgestaltungen, monetäre Anreizsysteme und erst recht nicht durch optimale Entscheidungen im Sinne der Entscheidungslogik geprägt. Wenn man einen realistischen Eindruck von der Praxis der Unternehmen und der Unternehmensführung vermitteln will, rückt die Politik in und von Unternehmen, die begrenzten Informationskapazitäten der...

This paper uses a country-level panel data set to test the hypothesis that the United States biases its human rights reports of countries based on the latters' strategic value. We use the difference between the U.S. State Department's and Amnesty International's reports as a measure of U.S. “bias.” For plausibly exogenous variation in strategic value to the U.S., we...