Institutions shape the conditions under which entrepreneurship and innovation unfold, yet how their degree of openness mediates sustainability-oriented development trajectories remains systematically underexplored. Drawing on 98 expert interviews across four high-performing European innovation...

In this paper we employ the natural experiment of German Division and Reunification in order to study the effect of institutional reform on the decision to hold risky assets. We present empirical evidence indicating that even 16 years after German Reunification risky portfolios of East and West...

In this paper we employ the natural experiment of German Division and Reunification in order to study the effect of institutional reform on the decision to hold risky assets. We present empirical evidence indicating that even 16 years after German Reunification risky portfolios of East and West...

In a globalized and increasingly competitive higher education landscape, institutional reputation and branding have emerged not as superficial concerns, but as central forces shaping the very choices students make about their academic futures. This chapter explores how universities construct,...

Drawing on agency theory, this study explores how the geographical distribution of institutional shareholders affects corporate ESG rating disagreements. A higher geographical concentration of institutional shareholders is found to correlate with reduced ESG rating disagreements, as...