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Knowledge transfer between and within alliance partners: Private versus collective benefits of social capital

This article examines the process through which multilevel network structures translate into knowledge acquisition from alliance partners. The degree of knowledge transfer a multidivisional company achieves from its network of alliance partners is determined not only by the organization's external network structure, but also by the structure of relationships among its business...

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English / 15/07/2007

De-Constructing the 'Soft Skills' Fashion in Organizations

In recent years it has become increasingly popular in the German speaking part of Europe to train individuals in so called 'social competences' or 'soft skills', thus presumably enabling both individuals and organizations to better relate with each other and thus 'function' more efficiently and effectively - at least this seems to be the inherent promise...

English / 11/07/2007

All said and done? The understanding of doing gender and its discontents

‘Doing gender' is a popular concept when studying gender, work and organisations and many studies in the field have used this concept. However what is actually meant by ‘doing gender' in different contexts is often quiet diverse. In this article the understanding of ‘doing gender' in empirical research on gender, work and organisations is critically interrogated. The...

English / 27/06/2007

The performance implications of timing of entry and involvement in multi-partner alliances

We examined the distribution of benefits to partners in multipartner alliances by concentrating on dynamics of partner entry and involvement. Testing hypotheses in the Wi-Fi Alliance, we observed heterogeneity of benefits. In particular, the extent of organizational involvement in this alliance enhanced partners' reputation and market success with related product introductions...

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English / 15/06/2007

The outperformance of family firms: the role of variance in earnings per share and analyst forecast dispersion on the Swiss market

Recent studies provide empirical evidence that family firms are outperforming their non-family counterparts in terms of stock market performance. For the Swiss stock market we find that family firms indeed outperform their non-family counterparts after controlling for firm size and beta. In addition, our data shows that family firms display more stable earnings per share in contrast...

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English / 01/06/2007

From dualism to complementarity: a systemic concept for the research process

In this paper, dualistic concepts are identified as limitations to scientific progress. A proposal is made for bridging a set of three gaps between polar opposites in order to pave the way towards a more holistic, systemic research practice. The dualistic concepts addressed are explanation vs. understanding, explorations vs. hypothesis testing, and discovery vs. design. If one treats...

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English / 01/06/2007

Training Soft Skills in Organizations - Constructions of Individual Agency as Barriers to Change?

The purpose of this paper is to illustrate, how applying individualistic discourses to social relations in organizations rather hinders than facilitates change in organizations. The initial idea was to find out how social relations are constructed in organizations, thus de-focussing from the increasing popularity of concepts such as 'soft skills' or 'social competences...

English / 10/05/2007

Liberalization of the Swiss Letter Market and the Viability of Universal Service Obligations

We discuss the ongoing liberalization process in the market for addressed letter mail in Switzerland. The core of the paper is an assessment of the liberalization's impact on the financial viability of various universal service obligations with and without access to the incumbent's downstream delivery network for customers and competitors. We propose a simple calibrated...

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English / 01/05/2007

What is the Value Added by Caseworkers?

We investigate the allocation of unemployed individuals to different subprograms within Swiss active labour market policy by the caseworkers at local employment offices in Switzerland in 1998. We are particularly interested in whether the caseworkers allocate the unemployed to services in ways that will maximize the program-induced changes in their employment probabilities. Our...

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English / 01/04/2007

Dynamic Financial Analysis: Classification, Conception, and Implementation

Dynamic financial analysis (DFA) models an insurance company's cash flow in order to forecast assets, liabilities, and ruin probabilities, as well as full balance sheets for different scenarios. In the last years DFA has become an important tool for the analysis of an insurance company's financial situation. The following article considers three aspects: First, we want to...

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English / 31/03/2007

The Solvency II Process: Overview and Critical Analysis

As early as the 1970s, European Union (EU) member countries implemented rules to coordinate insurance markets and regulation. However, with the more recent movement toward a general single EU market, financial services regulation has taken on new meaning and priority. Solvency I regulations went into effect for member nations by January 2004. The creation of risk-based capital...

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English / 31/03/2007

Prior Performance and Risk-Taking of Mutual Fund Managers: A Dynamic Bayesian Network Approach

We analyze the behavior of mutual fund managers with a special focus on the impact of prior performance. In contrast to previous studies, we do not focus solely on volatility as a risk measure, but also consider alternative definitions of risk and style. Using a dynamic Bayesian network, we are able to capture non-linear effects and to assign exact probabilities to the mutual fund...

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English / 28/03/2007

Time Horizon, Costs of Equity Capital and Generic Investment Strategies of Firms

Recent literature (McNulty, Yeh, Schulze, & Lubatkin, 2002) states that the assumptions behind the capital asset pricing model, in particular the irrelevance of time horizon, do not correspond to the characteristics of firms that prefer long-term investment horizons. I show that family firms display a longer time horizon than most of their nonfamily counterparts, since (1) family...

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English / 01/03/2007

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