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A cross-national investigation into the marketing department’s influence within the firm: towards initial empirical generalizations

This study of the influence of the marketing department (MD), as well as its relationship with firm performance, includes seven industrialized countries and aims to generalize the conceptual model presented by Verhoef and Leeflang (2009). This investigation considers the antecedents of perceived MD influence, top management respect for the MD, and MD decision influence, as well as...

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English / 01/01/2011

Do price charts provided by online shopbots influence price expectations and purchase timing decisions

Online price comparison sites (shopbots) like PriceGrabber.com are the most powerful tools for consumers to easily compare prices and find offers for desired products. Besides providing distributions of actual prices in price comparison tables, shopbots like NexTag.com have recently introduced price charts (line charts) displaying a product's full price history. Price charts...

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English / 01/01/2011

When Organization Theory Met Business Ethics. Towards Further Symbiosis

Organization theory and business ethics are essentially the positive and normative sides of the very same coin, reflecting on how human cooperative activities are organized
and how they ought to be organized respectively. It is therefore unfortunate that—due to the relatively impermeable manmade boundaries segregating the corresponding scholarly communities into separate...

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English / 01/10/2010

Incomplete Observations and Constructed Relevance: A Framework for the Assessment and Management of Corporate Sustainability

In this paper I argue that the assessment and management of corporate sustainability potentially runs the risk of severe biases due to the application of inadequate criteria. Firstly, present praxis as well as theory of corporate sustainability assessment tend to not distinguish between structural and performance related features relevant for corporate sustainability. Secondly, the...

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English / 17/09/2010

Politicited Corporations and Legitimacy Gaps: Challenges for Corporate Governance

Beyond national peculiarities, corporate governance practice is mainly centered on the protection of investors’ rights. However, this view neglects the fundamental changes of the operating conditions of business due to globalization and the weakening of regulatory frameworks. Weak or absent enforcement of contracts, increasingly unfettered negative externalities of corporate action,...

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English / 11/09/2010

Globalization and the political role of the firm: Implications for corporate governance

Present-day discussions of corporate Governance is mainly centered on finance-related issues and the relation of shareholders and management. However, this view neglects the fundamental changes of the operating conditions of business due to globalization and the weakening of regulatory frameworks, not only changing the role of business, rendering it a political actor in part....

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English / 10/08/2010

Closing the Legitimacy Gap in Corporate Governance: Governing the Multinational Corporation by Means of Democratic Decision Making

Beyond national peculiarities, corporate governance practice is mainly centered on the protection of investors’ rights. However, this view neglects the fundamental changes of the operating conditions of business due to globalization and the weakening of regulatory frameworks. Weak or absent enforcement of contracts, increasingly unfettered negative externalities of corporate action,...

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English / 03/07/2010

Sustainability and property valuation: a risk-based approach

The proportion of sustainable property in the total building stock remains small. One reason is that the financial added value resulting from sustainability is not sufficiently taken into account in property valuation due to the tendency of valuations to lag behind market trends. This article presents the development of a new approach that attempts to provide the quantitative...

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English / 01/05/2010

What determines the inclusion in a sustainability stock index? A panel data analysis for European firms

This paper empirically examines the determinants of the inclusion of European firms in the Dow Jones Sustainability World Index and the Dow Jones Stoxx Sustainability Index. While a restricted econometric analysis implies a positive effect of corporate financial performance, this impact becomes ambiguous in more flexible panel probit models. Our estimation results therefore...

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English / 15/02/2010

Career Incentives and "Publish or Perish" in German and US Universities

Increasingly, faculty members are rewarded financially for prestige-maximizing publications. As a result, the balance between publishing and other activities such as teaching or public service may collapse, as argued by Leisyte, Enders, and de Boer (2009). In our paper, we focus on career-related rewards and study their impact on publication productivity to see whether economic...

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English / 01/01/2010

Avoiding Labor Shortages by Employer Signaling: On the Importance of Good Work Climate and Labor Relations

Reversing the original signaling model, this study explains how employers signal the non-observable quality of their workplace and thereby reduce labor shortages. Based on a company data set of 204 German firms, the authors find, as predicted by their theory, that the existence of a works council, an apprenticeship training program, and a high-quality incumbent workforce...

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English / 01/01/2010

The UN Global Compact as a Learning Approach

It is our intention here to discuss the consequences of globalization for corporate responsibility and global governance. We shall highlight the role of the Global Compact and its goals and describe Corporate Social Responsibility (CSR) as a corporate learning process. We shall then discuss the challenges in this learning process by pointing out what corporations must learn, and...

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English / 01/01/2010

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