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Ist es an der Zeit, die Aktionärsrechte zu stärken?

Forderungen nach mehr Aktionärsdemokratie finden zunehmende gesellschaftliche und auch akademische Akzeptanz. Der Beitrag er- läutert, weswegen sie dennoch falsch sind, und empfiehlt eine Rück- besinnung auf die Kernelemente der Board Primacy im Falle anste- hender Aktienrechtsrevisionen.

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Deutsch / 01/01/2011

Quasi-experimental evidence on the effect of aircraft noise on apartment rents

Inferring the implicit price of an environmental good hinges on ceteris paribus conditions that are often hard to justify. This paper uses an unexpected change in flight regulations as source of exogenous variation and identifies aircraft noise effects from price adjustments in the market for rental apartments. Controlling for spatial and apartment heterogeneity, we find that...

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English / 01/01/2011

Specific human capital as a source of superior team performance

We empirically investigate the performance effect of team-specific human capital in highly interactive teams. Based on the tenets of the resource-based view of the firm
and on the ideas of typical learning functions, we hypothesize that team members’ shared experience in working together have a positive effect on team performance, but at diminishing rates. When we hold constant...

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English / 01/01/2011

Virtual team performance in a highly competitive environment

In this article, we empirically validate a version of the input-mediator-output-input (IMOI) model (Ilgen, Hollenbeck, Johnson, & Jundt, 2005), adapting it to investigate virtual team performance in a highly competitive environment. Our hypotheses are tested using structural equation modeling across time periods with data obtained from 606 professional online gaming teams...

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English / 01/01/2011

The economics of teaching: what lies behind student-faculty ratios?

The student-faculty ratio is of great significance to policy makers and media as a popular measure of education and teaching quality. Due to its simplicity and the availability of data, it is often used in higher education policy for allocating resources and for ranking universities. This is especially so in some European countries which do not have selective admission policies and...

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English / 01/01/2011

The impact of outside-in open innovation on innovation performance

Purpose – The purpose of this paper is to examine the influence of an open outside-in innovation management strategy on companies' innovativeness and innovation performance. Specifically, it focuses on the adoption of the open innovation paradigm in practice and the extent of collaboration with different stakeholders.

Design/methodology/approach – The proposed hypotheses...

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English / 01/01/2011

The European university landscape: a micro characterization based on evidence from the Aquameth Project

This paper provides a new and systematic characterization of 488 universities, from 11 European countries: Finland, France, Germany, Hungary, Italy, Netherlands, Norway, Portugal, Spain, Switzerland and UK. Using micro indicators built on the integrated Aquameth database, we characterize the European university landscape according to the following dimensions: history/foundation of...

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English / 01/01/2011

Von rhetorischer zu organisationaler Realität? Die globale Standardisierung von Unternehmensverantwortung als kommunikativer Aushandlungsprozess

In this paper, we examine the process of global corporate social responsibility(CSR) standardization. By drawing on neo-institutionalist theories we distinguishbetween the breadth and depth dimension of CSR standardization. Based on our empirical study of the “Equator Principles”, a CSR standard in the field of international project finance, we exemplify that CSR standards indeed...

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Deutsch / 01/01/2011

Variable pay-for-performance is a folly

As the bonus culture in the financial sector once again comes under attack, this column challenges the typical defence that banks need to pay top dollar to attract the best talent.

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English / 01/01/2011

Effectiveness of talent management strategies

This paper investigates the effects of different types of talent management strategies on organisational performance. We introduce four different strategies and show how they affect organisational performance. For this purpose, we use a particularly detailed dataset of 138 Swiss companies. We find that talent management focusing on retaining and developing talents as job satisfaction...

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English / 01/01/2011

Organization as communication: A Luhmannian perspective

This article introduces Luhmann’s theory of social systems as a prominent example of communication as constitutive of organization (CCO) thinking and argues that Luhmann’s perspective contributes to current conceptual debates on how communication constitutes organization. The theory of social systemshighlights that organizations are fundamentally grounded in paradox becausethey are...

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English / 01/01/2011

Theorizing the client-consultant relationship from the perspective of social-systems theory

Over the last few years research on management consulting has established itself as an important area in management studies. While, traditionally, consulting research has been predominantly a-theoretical, lately researchers have been calling for an exploration of different theoretical approaches. This article has been written in response to these calls. It explores a new perspective...

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English / 01/01/2011

Corporate governance as an institution to overcome social dilemmas

During the current international financial crisis, the effectiveness of existing corporate governance institutions has been questioned both in the scientific community and in the media. A special focus of this discussion is on the containment of opportunistic behavior. In the corporate governance literature, the dominant approaches axiomatically assume individuals with self-interest...

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English / 01/01/2011

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