Purpose – The purpose of this paper is to discuss the applicability of value based management (VBM) concepts for small to medium‐sized enterprises (SMEs) and to identify obstacles for its implementation. Estimating cost of capital is central to all VBM concepts, it is hence intended to...

Purpose – The purpose of this paper is to study the remuneration of management in the financial crisis. What are the key elements of management payment at the Euro Stoxx 50 companies, does management remuneration comprise long-term incentives in order to overcome principal-agent conflicts and...

Purpose – Sustainability has become a hot topic in business administration theory. However, there is still a lack of knowledge on how companies can manage sustainability properly. Therefore, the purpose of this paper is two fold. First, it provides an updated discussion on the potential...

Purpose The overall goal of this chapter is to critique the purported business case for corporate social responsibility (CSR) and sustainability, which persists as a major contentious force in convincing companies to become more sustainable. Extant literature on sustainability, CSR and Socially...

Die Arbeit untersucht das Nachhaltigkeitsengagement mittelständischer Unternehmen in Baden-Württemberg im Sinne einer Berücksichtigung ökologischer, sozialer und wirtschaftlicher Aspekte in der Unternehmenssteuerung.Eine explorative Feldstudie unter geschäftsführenden Gesellschaftern und...