infonet-economy

Revised edition of the chapter under the same title in "Ethics in the Economy: Handbook of Business Ethics", ed. by L. Zsolnai, 2002.

Business ethics is more than just ‘applied ethics.' There is no domain which is ‘free' from normative presuppositions, and mainstream economics is nothing more than a strongly normative ‘ideal theory' of rational action...

Chapter FI1 in the textbook (required readings) for the course "Business Administration A", University of St. Gallen, September 2013

We consider a system dynamics model that describes the effect of human activity on natural resources. The central stocks are the accumulated profit, the industry structures, and the water resources. The model can be controlled through two time-dependent parameters. The goal in this paper is to find a parameter setting that leads to a maximization of a performance index, which...

This year's private banking study by KPMG and the University of St. Gallen (HSG) shows that Swiss private banks can remain successful in the future by innovating. Besides effective implementation of new regulatory requirements, key success factors will include innovative strategies and adaptations to business models, starting with more effective segmentation techniques, an open...

A new study by the IfB-HSG and Roland Berger Strategy Consultants reveals how chief strategy officers deal with the current uncertainty. A leaner strategy process, long-term strategic planning, and cross-functional collaboration are particularly important.

This case study illustrates the development of Richemont, a global and diversified company operating in the cyclical luxury goods business. This case study focuses specifically on the strategic concept / rationale (corporate business model), according to which the company was developed, as well as on how synergies are realised between the subsidiaries, given each brand's strong...

This contribution aims to show a way towards better models for management support. We compare linear and nonlinear models in terms of their respective performance. Based on a case study, the respective benefits and shortcomings are fleshed out. A linear spreadsheet model and a nonlinear System Dynamics model are used to deal with one and the same issue: capacity planning in a large...

How do maternal work conditions, such as psychological stress and physical hazards, affect children's development? Combining data from the Child-Development-Supplement of the Panel Study of Income Dynamics and the Occupational Information Network allows us to shed some light on this question. We employ various techniques including OLS with extensive controls, a value added...

The aim of this paper is to analyze whether the level of surplus participation affects customer demand. We use multivariate linear regression models and data on surplus participation, new business, and lapse for the German life insurance market from 1998 to 2008. We find a significant positive dependence between surplus participation and new business growth as well as a significant...