We address one of the cardinal puzzles of European corporate law: the lack of derivate share-holder suits. We explain this phenomenon on the basis of percentage limits which require share-holders to hold a minimum amount of shares in order to bring a lawsuit. We show that, under this legal...

We investigate the impact of the race and income of the jury pool on trial awards. We find that the average tort award increases as black and Hispanic county population rates increase and especially as black and Hispanic county poverty rates increase. An increase in the black countypoverty rate...

Victims want to collect damages from injurers. Cases differ with respect to the judgment. Attorneys observe the expected judgment, clients do not. Victims need an attorney to sue; defense attorneys reduce the probability that the plaintiff prevails. Plaintiffs' attorneys offer contingent fees...

A simple auction-theoretic framework is used to examine symmetric litigation environments where the legal ownership of a disputed asset is unknown to the court. The court observes only the quality of the case presented by each party, and awards the asset to the party presenting the best case....

In this paper we examine the extent to which fluctuations in a number of macroeconomic variables impact on the volume of federal litigation cases. In particular, the impact of aggregate U.S. GDP, consumption, inflation, unemployment, and interest rates on the volume of antitrust, bankruptcy,...

We study how Europe could replace US support for Ukraine both (i) financially, in terms of the fiscal effort required, and (ii) militarily, in terms of weapon production. Financial effort: The financial challenge of replacing US aid is limited. Currently, European governments are spending just...

Mit der Bedeutung von Ressourcen für Unternehmen beschäftigen sich mehrere Forschungsansätze. Im Rahmen des vorliegenden Research Papers werden der klassische ressourcenbasierte Ansatz und seine Erweiterungen um Kompetenzen, Kernkompetenzen und dynamische Fähigkeiten dargestellt. Die...

RReifegradmodelle wie CMMI, SPICE und das Office Excellence Modell bieten eine strukturierte, stufenweise Entwicklung von Basisprozessen mit optimierten und standardisierten Abläufen. Sie fördern Transparenz und Vergleichbarkeit, indem jede Stufe des Modells klar definierte Kriterien zur...