The empirical data for this paper emerged from a one year ERDF funded study, "WelshEntrepreneuses on the Web". The project was set up to identify the needs of entrepreneuses inIndustrial South Wales and the extent to which they are being met by the current businesssupport sector. The project...

This paper examines the idea that the formulation of internal and external relationships, at astrategic level in organisations, is central to the successful implementation of corporateentrepreneurship. It considers external and internal relationships and the dichotomy betweeninternally...

Even 50 years after Modigliani/Miller’s irrelevance theorem, the basic question of how firmschoose their capital structure remains unclear. This survey paper aims at summarizing anddiscussing corresponding recent developments in empirical capital structure research, which,in our view, are...

This paper empirically analyzes a particular type of notes observed insecuritization transactions: combination notes. Combination notes are formedby combining parts of two or more tranches of securitization transactions,where one part usually consists of a share of the first loss piece. It is...

This paper analyzes the impact of heterogeneous (social) preferences on theweighting and combination of incentive performance measures as well as on a firm’sprofitability within a principal-agent framework. Previous literature had failed torecognize heterogeneity effects. We consider rivalry,...

Using data from the German Socio-Economic Panel Study (GSOEP), we analyze whethernecessity entrepreneurs differ from opportunity entrepreneurs in terms of self-employmentduration. Using univariate statistics, we find that opportunity entrepreneurs remain in selfemploymentlonger than necessity...

Zu Beginn der sechziger Jahre ist die betriebswirtschaftliche Forschungzum Rechnungswesen in Bewegung geraten1. Eine junge Generationvon Betriebswirten hat die Aufgaben und die Struktur dieses Informationssystemsvon der Entscheidungs- und der Investitionstheorie herneu analysiert. Zu ihren...