Vielfalt ist für deutsche Firmen relevant - für Fachkräftesicherung, aber auch für Innovation. Dies hat sich in den letzten drei Jahren, trotz einer Diskursverschiebung in der öffentlichen Debatte, nicht verändert: Die Bedeutung ist in über drei Vierteln der Unternehmen gleichgeblieben.

Academic seminars are a central mechanism through which the finance profession allocates visibility, feedback, and network access. Using a new panel of 8,744 external seminars at 74 U.S. finance departments from 2010 to 2024, I document five stylized facts. First, female representation rose from...

This study examined how gender diversity (GD) on boards affects ESG performance using unbalanced panel data of 719 companies in ASEAN-5 countries from 2013 to 2022 observation years. We found that higher GD on companies' boards significantly enhances ESG performance. Every increase in one...

Diversity has become an increasingly celebrated concept worldwide but varies across national contexts and has been subject to intense debate. To understand the nationally and globally constructed nature of diversity discourse in higher education, we look to a national context where diversity...

Social sanctions sustain social order by reinforcing widely accepted principles. Political polarization may weaken this mechanism by fragmenting these principles, yet causal effects are hard to identify: observational data cannot separate the effect of polarized preferences from exposure to...

In the German Empire, corporations almost always paid a dividend to their shareholders. Dividends have been cut or increased in line with the development of profits. We demonstrate that the target dividend and the average dividend tended to be nearly the same. If the dividend paid deviated from...

In the German Empire, corporations almost always paid a dividend to their shareholders. Dividends have been cut or increased in line with the development of profits. We demonstrate that the target dividend and the average dividend tended to be nearly the same. If the dividend paid deviated from...

We study a principal who allocates a good to agents with private, independently distributed values through an optimal mechanism. The principal can strategically shape these value distributions by modifying the good's features, which affect agents' valuations. Our analysis reveals that optimal...

We study a principal who allocates a good to agents with private, independently distributed values through an optimal mechanism. The principal can strategically shape these value distributions by modifying the good's features, which affect agents' valuations. Our analysis reveals that optimal...