Purpose – The purpose of this paper is to provide an in‐depth description of the process of institutionalisation and development of human resource management (HRM) practices in subsidiaries of German multinational companies in Russia. Design/methodology/approach – The study is based on...

Purpose: The purpose of this paper is to enhance Bourdieu’s Theory of Practice for the analysis of power in multinational corporations. Therefore, they adopt and apply the Theory of Practice on power struggles within the board as the key field of power within the multinational company (MNC),...

Purpose – The article aims to explore the link between corporate crises and decisions about employee participation in the context of the global financial crisis (GFC). Design/methodology/approach – The authors complement Weick's sensemaking perspective with some distinctions taken from...

How have house prices evolved in the long-run? This paper presents annual house price indices for 14 advanced economies since 1870. Based on extensive data collection, we are able to show for the first time that house prices in most industrial economies stayed constant in real terms from the...

This chapter explores the perceptions held about “good” corporate governance (GCG) in three different transforming economies of Central and Eastern Europe [CEE] (East Germany, Estonia, and Hungary). Forty-nine interviews were conducted with corporate governance experts from various...

This paper characterizes the optimal time path of R&D and capital subsidization. Starting from the steady state under current R&D subsidization in the US, the R&D subsidy should significantly jump upwards and then slightly decrease over time. There is a small loss in welfare, however, from...

We aim at a better understanding of the inefficiencies resulting from distributional conflict in small open economies. To this end, a general equilibrium model with the following characteristics is set up: two groups of agents (capitalists and workers), an endogenous income tax, productive...

What are the dynamic consequences of comprehensive integration shocks? The answer to this question appears all but trivial. A dynamic macroeconomic model is set up of a small open economy with capital mobility, migration and increasing returns to scale. The model features multiple equilibria as...

Purpose – The article aims to explore the link between corporate crises and decisions about employee participation in the context of the global financial crisis (GFC). Design/methodology/approach – The authors complement Weick's sensemaking perspective with some distinctions taken from...