This study reports findings on the relationship between internationalization speed and cost efficiency. This investigation of 83 large, stock-quoted German firms over the five-year period 1993-1997 suggests that the link exhibits an inverted-U form. That is, low and modest expansion speeds...

"In the international discussion on housing finance plenty of contributions are given on the system of mortgage backed securities (MBS), as practiced in USA, about the contract saving scheme (""Bausparkassen""), as a basic housing financing model in Central Europe, little about alternative...

A core element of economic theory is the assumption of stable preferences. We test this assumption in public goods games by repeatedly eliciting cooperation preferences in a fixed subject pool over a period of five months. We find that cooperation preferences are very stable at the aggregate...

A core element of economic theory is the assumption of stable preferences. We test this assumption in public goods games by repeatedly eliciting cooperation preferences in a fixed subject pool over a period of five months. We find that cooperation preferences are very stable at the aggregate...

For a sample of 210 Swiss publicly listed firms we analyse the characteristics of all 1678 directors in the year 2003 in order to investigate how board members' nationality and gender interact with directors' level of independence, number of other directorships and demographic characteristics....

This article assesses the corporate governance-related antecedents of nomination committee adoption, and the impact of nomination committees’ existence and their composition on board independence and board demographic diversity. We conducted a longitudinal study of board composition amongst...

Boards of directors have a number of roles. The board's monitoring function has been the subject of much work. Less examined is the role that the board has in setting company strategy. This paper uses agency and network perspectives in developing and testing the relationship between board...

Summary This paper investigates how changes in firm degree of internationalization are associated with the configuration of top management teams (TMT) based on a dataset of 41 large European firms in the banking and insurance industry, including detailed career profiles of the 264 executives...