Conflict, as a unique form of interaction involving the clash of interests between participants in social relations, serves as a necessary condition for the development of civilisation. Contradictions have accompanied humanity throughout its history, finding reflection in the literature, art,...

Over the last two decades, business has taken a more systematic approach to understanding its impact on all of its stakeholders. Companies are striving to operate in a more sustainable way to improve the environmental, social and economic impact of their activities. Even today, the interest in...

Using matched employer-employee data for Germany, we estimate firm production functions augmented with workers' personality traits. We find that emotional stability is the only trait that positively affects firm productivity. Its effect shows up mainly in large firms operating with a higher than...

The trade war with China has cost US producers and consumers hundreds of billions of dollars since 2018. Yet relatively few US businesses took action to oppose it. This study reports the results of an elite survey experiment on business political activity toward trade policy. Researchers...

The question of who ultimately bears the burden of corporate income tax is central to tax policy, with implications for both fairness and efficiency. Previous evidence for Germany suggested that workers absorb a large share through lower wages, raising concerns about the distributional...

In today's complex economy, firms face various risks. The increasing risks and exposures hinder top performance and impede investments in new project circles. This study examines how Enterprise Risk Management (ERM) practices affect the non-financial performance of Omani insurance companies and...

The present paper investigates the adoption of green manufacturing approaches among industrial enterprises in Slovakia, emphasizing the interplay between institutional pressures and enterprise-level resources. Based on a survey of 88 enterprises from energy- and material-intensive sectors, the...

Sustainability and non-financial risk management are becoming increasingly important for German companies due to climate change and new regulations. However, it is unclear how well companies of varying sizes are prepared to handle the increasing pressure to adapt. While large companies are...

Deutschland muss seine wirtschaftliche Leistungsfähigkeit in einem schwierigen Umfeld sichern. Der Mangel an Fachkräften, die stagnierende Produktivität und eine schwächelnde Innovationstätigkeit bedrohen Wachstum und Wohlstand. Künstliche Intelligenz (KI) kann ein Schlüssel zur...

We link a new database of politically exposed persons with the complete register of firms established in Mozambique since Independence. Focusing on the network of connections between firm owners, we use a generalized event study analysis to show that holders of political office achieve...

Die Umgestaltung der Arbeitswelt durch technologische und gesellschaftliche Veränderungen führt dazu, dass traditionelle Modelle der Mitarbeiterführung, Arbeitsstrukturierung und des Kompetenzeneinsatzes der Arbeitnehmenden infrage gestellt werden. Daraus resultierend werden zunehmend...

This paper investigates how firms navigate the dual challenges of digitalisation and climate change. Our comprehensive approach considers climate change strategies, distinguishing adaptation-only, mitigation-only and 'dual' adaptation and mitigation strategies. Drawing on theoretical insights...

This study explores how the adoption of digital technologies has influenced working from home (WFH) practices and the use of communication tools during disruptive times. Focusing on micro and small enterprises (MSEs), this pooled cross section research includes three survey investigations. The...

We study carbon offsets sold by firms in China under the Clean Development Mechanism (CDM). We find that offset-selling firms, meant to cut carbon emissions, instead increase them by 49% after starting an offset project. In a model of firm investment decisions and offset review, we estimate that...

This study investigates the firm’s response to parental leave induced worker absence. Combining a 20-week maternal leave expansion in Norway and detailed matched employer-employee data between 1983 and 2013, we identify the causal impact of absence on outcomes using a shift-share design....

Many firms are making net-zero and carbon neutral pledges. In principle, these pledges should help consumers identify sustainable options, but often they do not correspond to meaningful actions. In response, both in the U.S. and in Europe, courts and policymakers are requiring firms to disclose...

This study investigates the firm’s response to parental leave induced worker absence. Combining a 20-week maternal leave expansion in Norway and detailed matched employer-employee data between 1983 and 2013, we identify the causal impact of absence on outcomes using a shift-share design....

Im Jahr 2024 dürfte die Wirtschaftsleistung in Ostdeutschland (mit Berlin) um 0,3% zugelegt haben, während es in Sachsen zu einem Rückgang um 0,5% gekommen ist. Für das Jahr 2025 rechnet das ifo Institut mit einer moderaten Erholung. Dann dürfte das Wirtschaftswachstum in Ostdeutschland...

Das ifo Geschäftsklima Ostdeutschland basiert auf ca. 1700 monatlichen Meldungen von Unternehmen, von denen ca. 500 aus Sachsen stammen. Die Befragungsteilnehmer*innen kommen aus dem Verarbeitenden Gewerbe, dem Dienstleistungssektor, dem Handel und dem Bauhauptgewerbe. Die Unternehmen werden...

Das ifo Geschäftsklima Ostdeutschland basiert auf ca. 1700 monatlichen Meldungen von Unternehmen, von denen ca. 500 aus Sachsen stammen. Die Befragungsteilnehmer*innen kommen aus dem Verarbeitenden Gewerbe, dem Dienstleistungssektor, dem Handel und dem Bauhauptgewerbe. Die Unternehmen werden...

We examine financial reporting and firm operations, focusing specifically on the roles of 'enterprise risk management' (ERM), within which a holistic approach is taken to the conceptualization and management of all types of risk. We measure ERM implementation based on information obtained from...