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...

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,...

The primary objective of this research is to identify, analyse, and compare the development of risk management approaches adopted by Slovak industrial enterprises in two distinct economic periods: during a phase of economic growth (2019) and during a period of global crises and regional crises...

Letters of credit are a key trade finance instrument that covers more than 10 percent of global trade, with a notably larger role in low-and middle-income economies. Studying detailed trade data from Viet Nam, we document how letter of credit use varies with firm characteristics. We show that...

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...

In der Schweizer herrschte in den vergangenen Jahren ein ausgeprägter Arbeitskräftemangel. Die vor liegende Studie untersucht die Ursachen und Auswirkungen des Mangels mithilfe einer Literaturanalyse und einer repräsentativen Unternehmensbefragung mit 1'624 Teilnehmenden. Arbeitskräftemangel...

Im Jahr 2025 dürfte die Wirtschaftsleistung in Ostdeutschland (mit Berlin) um 0,4 % und damit etwas stärker als in Deutschland insgesamt zulegen. In Sachsen dürfte das Bruttoinlandsprodukt wohl kaum mehr als stagnieren (+0,1 %). Im Jahr 2026 entfalten zwar die geplanten Fiskalmaßnahmen ihre...

Das ifo Geschäftsklima Ostdeutschland basiert auf ca. 1 700 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...

This paper analyzes the economic returns to political connections in Brazilian local elections, focusing not only on traditional campaign donations but also on two novel channels: firms that provide goods or services to candidates during campaigns and firms' owners affiliated with parties within...

1. Purpose: In this study, we aim to establish whether sustainable enterprises can increase their crowdfunding success by communicating non-financial performance (NFP) metrics that enhance (different types of) organizational legitimacy with investors in a crowdfunding market. 2. Study design: We...

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...

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...

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...

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...

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 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 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...

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 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....