In dieser Fallstudie analysiert der Autor die Anpassungsreaktionen des Unternehmens auf strategischer wie operativer Ebene. Untersucht wurde ein prominentes, derzeit noch andauerndes Restrukturierungsprogramm des größten deutschen Elektrokonzerns Siemens. Der Autor hat drei exemplarische...

The Japanese corporate system is assumed to contain an implicit insurance mechanism in various aspects. This paper proves the existence of risk sharing mechanism in supplier relations in a different way from the previous studies, using a unique data set of Japanese automotive parts suppliers....

The paper analyzes R&D-activities of Japanese electronic corporations in the context of the firm’s performance for the period 1986 to 1996. Compared to the R&Dexpenditures- to-sales ratio the profit-on-sales ratio is remarkably low for the whole industry. This stresses the problems which the...

The paper investigates the behaviour of banks with regard to the pricing of commercial short term loans over the period from 1975 until 1997. Due to the inclusion of interest rate quotes by banks located in east Germany in 1991 we distinguished between the subperiods from 1975 – 1989 and 1991...

This paper analyzes the effect of bank participation in the equity of a firm on the competitiveness of the credit market. Using an auction model of bank competition it is shown that an equity stake of one bank is increasing its market power in the market for credits to this firms. The...

This paper studies the impact of learning by doing on shakeouts in monopolistic competition. Firms have different initial costs and set prices to maximize current profits in each period. Although all firms make positive profits at the beginning and grow for a certain period of time, shakeouts...

This paper studies the incentives and the welfare effect of sharing firm-specific information in asymmetric Cournot and Bertrand oligopoly with mixed substitute and complement goods. Revealing firm-specific cost information is the dominant strategy in Cournot oligopoly, while concealing is so in...

The paper presents an investigation of 72 Japanese manufacturing firms from five different industries with the focus on horizontal industrial groups (keiretsu). Data source was the Kaisha Database at the Science Center Berlin. The main findings are: Using the hexagon criterion to estimate the...

In der Studie wird der deutsche Risikokapitalmarkt analysiert. Die Analyse geht von der These aus, daß durch eine Verbesserung der Finanzstruktur von Unternehmen positive Effekte für den Arbeitsmarkt zu erwarten sind. Finanzierungsprobleme sind häufig Ursache für das Scheitern insbesondere...

Personnel policies and strategies of Japanese companies have gathered special interest for a long time. But in a crisis like the burst of the bubble economy in the beginning of the nineties these principles are handled more and more in a flexible way. With a growing number of people in transfer...