This paper extends the standard Hotelling model with quadratic transport costs to the multi-firm case. Considering locational equilibria we show that neither holds the Principle of Maximum Differentiation - as in the duopoly model - nor does the Principle of Minimum Differentiation - as in the...

This paper contributes to the current corporate governance debate through describing changes that have taken place in Nokia during the past decade. It can be seen that traditional ways of corporate governance and management do not apply for companies operating in a fast changing business and...

This paper explores the reputations of 63 German firms over the period 1988 to1998. It considers what factors may affect firm reputations, and how and whyreputations change over time. The reputation data come from Manager Magazin’ssurvey that is similar to the one compiled annually in the US by...

In the past, environmental management mainly focussed on the identification of ecologically oriented requirements made on enterprises by relevant stakeholders, on the developmentof related corporate strategies and also on the introduction of a corporate system of environmental management....

The management of the value of a firm requires the identification of important value drivers. The main objective of the paper is to find out whether value based management (e.g. shareholder value oriented management) has to take into account environmental aspects. In order to answer this...