Ownership Advantage, a sub-paradigm of OLI paradigm formulated by J.H. Dunning is a set of determinant factors of foreign direct investment (FDI) and the foreign activities of multinational enterprises (MNEs). For making a strategic decision of FDI MNEs must have some firm specific advantages...

In der psychologischen Vertragsforschung wird davon ausgegangen, dass der psychologische Vertrag von Arbeitnehmern einem grundlegenden Wandel unterliegt: Ein eher an Langfristigkeit orientierter relationaler psychologischer Vertrag wird zunehmend abgelöst durch einen eher kurzfristorientierten...

Workers value job security. If at least some workers value it enough, then it is efficient for at least some firms to adopt policies in which they commit (implicitly or explicitly) not to dismiss employees except for “just-cause,” as opposed to policies in which employers are free to dismiss...

This paper analyses several dimensions of workers' safety that are relevant in the context of a pandemic. We provide a classification of occupations according to the risk of contagion: by considering a wider range of job characteristics and a more nuanced assessment of infection risk, we expand...

A small literature has shown that individual wellbeing varies with the price of company stock, but it is unclear whether this is due to wealth effects among those holding stock, or more general effects on sentiment, with individuals taking rising stock prices as an indicator of improvements in...

Nike and other companies have long been criticized for outsourcing their production to contract factories with dismal working conditions. Despite the overwhelming amount of interest, there exists no theory for studying this topic. The current paper fills this gap. In the model, the most...

In recent decades, a large and increasing number of leading firms in a diverse set of industries have faced allegations of ‘unethical' practices along their international value chains. In many cases this has triggered consumer boycotts and NGO campaigns, introducing a new link between upstream...

Typically, workplace discrimination is approached from the perspective of a particular dimension (e.g., race or gender). This offers insight but also obscures important communality among different types of discrimination. We propose a construct of generalized workplace discrimination that...

The theory of compensating wage differentials is generally accepted. It states that firms have to pay wage bonuses for hazardous work. However, there is as yet no strong or even contrary evidence for compensating wage differentials in Germany. By estimating wage regressions with data from the...

The impact of wage increases on job satisfaction is explored theoretically and empirically. To do this, we apply a utility function that rises with the absolute wage level as well as with wage increases. It is shown that when employees can influence their wages by exerting effort, myopic utility...