Recently, Chinese firms have become more active in attempting to go public on the Frankfurt Stock Exchange (FWB). This paper uses multivaria te probit analysis to test the motivations of Chinese firms to list on the FWB. In general, Chinese firms are driven by the following motivations. Firstly,...

Modern society is a network society permeated by information technology (IT). As a result of innovations in IT, enormous amounts of information can be communicated to a larger number of recipients faster than ever before. The evolution of networks is heavily influenced by the extensive use of...

Der positive Einfluss sportlicher (Wettkampf-)Aktivität auf den Arbeitsmarkterfolg beispielsweise in Form höherer Entlohnung wurde bereits mehrfach nachgewiesen. In diesem Beitrag wird mit Daten des Sozioökonomischen Panels (SOEP) analysiert, ob die sportliche (Wettkampf-)Aktivität zu einer...

Der 4. Jahresbericht des vor vier Jahren gegründeten Instituts für Organisationsökonomik informiert über das Wintersemester 2013/2014 und das Sommersemester 2014. Wie üblich werden das Institut, seine Professoren und Mitarbeiter vorgestellt. Danach wird über die Forschung, Lehre und...

This study examines whether there is a relationship between physical attractiveness of professional female tennis players ranked in the top 100 of the tennis world ranking in 2011 and their sporting success in terms of earned prize money and winning probabilities. OLS-regressions reveal a...

We hypothesize that, in certain regime types, winning coalitions have an incentive for helping a deprived population solving the collective action problem that may otherwise restrain them in revolting against an incumbent. Recent selectorate literature holds that members of a winning coalition...

We assess Gordon Tullock's work on dictatorship and revolutions using a common analytic framework that captures the dynamics of mutually reinforcing perceptions within a potentially rebelling subgroup of a population. We can reconstruct all of Tullock's central findings but we also find him...

This paper analyses the relationship between corporate governance, state ownership and cross-listing by using data from 2,113 Chinese A-share listed firms during the period 2008 to 2013. Firstly, corporate governance features in state-owned vs. non-state-owned and cross-listed vs....

We develop a model of insurrection markets and integrate the youth bulge as measured by the relative youth cohort size. As youth-specific characteristics we define the young person's attitude toward revolutionary groups and the government, the degree of risk aversion and the relative...

Commercial ceilings not only restrict broadcasters in their decisions about commercial broadcasting time, but also affect their differentiation of program content. This study examines the welfare effects of commercial ceilings in a two-sided free-to-air TV market, taking into account welfare...