Eassy von Hartmut Kliernt und Joachim Schwalbach zur Problematik der überhöhten Managergehälter. Dabei wird insbesondere auf die Entwicklung der Managergehälter seit 1987 in Bezug auf Höhe als auch auf Korrelation zwischen Qualität und Leistung eingegangen.

The paper studies why a corporation hopes to keep technological leadership. The answer is shown by a theoretical model in the perspective of technological transfer. The model consisting of two countries, each of which contains numerous corporations,has pointed out: restrained technological...

We examine the impact of performance groups on the estimation of therelative importance of ¯rm, industry and other e®ects on corporate performance.Performance groups comprise ¯rms from the same industry with asimilar performance over a longer period of time. We present a statisticalmethod...

This paper reviews the Hotelling literature of product differentiation. The purpose of this work is to examine the impact of the market structure on price competitionand equilibrium differentiation. The existence of a general ’principle of differentiation’ is rejected. In contrast,...

The paper enquires into the relationship between economic inequality and economic growth, but different from others, it also studies the relationship between inequality and economic growth in the situation where consideration of effect of factor movement is included. The paper tends to answer...

This paper extends the standard Hotelling model with quadratic transport costs to the multi-firm case. Considering locational equilibria we show that neither holds the Principle of Maximum Differentiation - as in the duopoly model - nor does the Principle of Minimum Differentiation - as in the...

This paper contributes to the current corporate governance debate through describing changes that have taken place in Nokia during the past decade. It can be seen that traditional ways of corporate governance and management do not apply for companies operating in a fast changing business and...

Erst seit wenigen Jahren erkennen Unternehmen häufiger, dass die Unternehmensreputation einen wichtigen Einfluss auf den Markterfolg des Unternehmens haben kann. Mit Reputation verbindet man das Ansehen bzw. den Ruf eines Unternehmens, wie es von Außenstehenden wahrgenommen wird. Der...

Der vorliegende Beitrag widmet sich den Informationsrechten der Aktionäreim Schnittpunkt von bilanzrechtlichen und gesellschaftsrechtlichen Publizitäts-vorschriften und der Unternehmensverfassung. Wirtschaftswissenschaftler und Rechts- wissenschaftler haben in der Vergangenheit in gleicher...

The relationship between executive pay and corporate financial performance continues to attract wide academic, media and policy attention. The very high salaries enjoyed by senior executives in corporations in the US are often contrasted with the relatively low pay received by executives in...