This paper examines the effects of the board characteristics on carbon productivity. Firm-level emission risk has been increasing since the enactment of South Korea’s Emissions Trading Scheme (ETS). Firms would want to maintain or increase productivity while reducing the emission level, to...

Extensive use of industrial land has been typical for many cities in China since the end of the previous century. One of the most important reasons is the local governments’ strategy choice in land use. In this research, a governance structure from the view of the tax-sharing system and the...

The main objective of this paper is to analyze the elements of the particular governance structure of the family business and the involvement of the family in the business in order to verify its effects on managerial capabilities. Likewise, professionalization in this type of company will be...

Die wissensbasierte und -intensive Ökonomie hat eine neue Positionierung von Hochschulen im "knowledge triangle" bewirkt, wobei das regionale Umfeld als Aktionsraum an Bedeutung gewonnen hat. Ausgehend von einem allgemeinen Governance-Verständnis wird die regionale Governance von...

We develop a model to study the impact of corporate governance on firm investment decisions and industry competition. In the model, governance structure affects the distribution of shares among short- and long-term oriented investors, the robustness of the management regarding possible...

This paper examines how changes in local political leadership affects firms' governance structure. Using a novel data set, I document that following the appointment of a new city-level Chinese Communist Party (CCP) secretary, local firms increase (decrease) the fraction of directors who share a...

Die wissensbasierte und -intensive Ökonomie hat eine neue Positionierung von Hochschulen im "knowledge triangle" bewirkt, wobei das regionale Umfeld als Aktionsraum an Bedeutung gewonnen hat. Ausgehend von einem allgemeinen Governance-Verständnis wird die regionale Governance von...

We develop a model to study the impact of corporate governance on firm investment decisions and industry competition. In the model, governance structure affects the distribution of shares among short- and long-term oriented investors, the robustness of the management regarding possible...

We estimate the effects of a mandate allocating a third of corporate board seats to workers (shared governance). We study a reform in Germany that abruptly abolished this mandate for new firm cohorts but locked it in for incumbents. Rejecting the canonical hold-up prediction - that increasing...

Objective: The objective of the article is to determine the effect of governance structure components (audit committee presence, board size adequacy, and board leadership) on SMEs’ performance and the moderating effect of chief executive officer (CEO) tenure on the influence of governance...

Klappentext: Stabsarbeit effizient und effektiv gestalten! Diese erweiterte, komplett überarbeitete Neuauflage des Handbuchs zur Stabsarbeit bietet einen anwenderorientierten Überblick über die Arbeit von Führungs- und Krisenstäben, ihre Voraussetzungen und Erfolgsbedingungen. Basierend auf...

How can non-profit organizations improve their governance to increase their social impact? This study examines the effectiveness of a bundle of governance mechanisms - consisting of social performance-based incentives combined with auditing and feedback - in the context of a randomized...

Aim: A large-scale, exploratory survey had been conducted on the whole population of family businesses in Hungary in 2017/18 concentrating on the heterogeneity of the family business population. This paper presents the findings of this survey focusing only on the governance practices of the...

We estimate the effects of a mandate allocating a third of corporate board seats to workers (shared governance). We study a reform in Germany that abruptly abolished this mandate for certain firms incorporated after August 1994 but locked it in for the older cohorts. In sharp contrast to the...

We estimate the effects of a mandate allocating a third of corporate board seats to workers (shared governance). We study a reform in Germany that abruptly abolished this mandate for certain firms incorporated after August 1994 but locked it in for the older cohorts. In sharp contrast to the...

We estimate the wage effects of shared governance, or codetermination, in the form of a mandate of one third of corporate board seats going to worker representatives. We study a reformin Germany that abruptly abolished this mandate for stock corporations incorporated after August 1994, while it...

We estimate the effects of a mandate allocating a third of corporate board seats to workers (shared governance). We study a reform in Germany that abruptly abolished this mandate for certain firms incorporated after August 1994 but locked it in for the older cohorts. In sharp contrast to the...

Protected Denominations of Origin (PDO) refer to the adoption of producers' voluntary standards to highlight the quality to consumers and improve the socio-economic sustainability of small-holders. Usually, in agricultural circuits, these focus on aspects of production systems and intrinsic...

We study the link between information barriers in global markets and the organizational form of asset management. Fund families outsource funds in which they are at an informational disadvantage to generate performance. Using a structural model of self-selection, we endogenize the outsourcing...

We estimate the effects of a mandate allocating a third of corporate board seats to workers (shared governance). We study a reform in Germany that abruptly abolished this mandate for certain firms incorporated after August 1994 but locked it in for the older cohorts. In sharp contrast to the...

We estimate the effects of a mandate allocating a third of corporate board seats to workers (shared governance). We study a reform in Germany that abruptly abolished this mandate for certain firms incorporated after August 1994 but locked it in for the older cohorts. In sharp contrast to the...

We link a new UK management survey covering 8,000 firms to panel data on productivity in manufacturing and services. There is a large variation in management practices, which are highly correlated with productivity, profitability and size. Uniquely, the survey collects firms' micro forecasts of...