This paper explores the effectiveness of the voluntary reform. It studies a voluntary healthcare reform that was implemented in Ireland in 2008. The analysis is conducted using a theoretical model and empirical evidence. In 2008, in the hope to reduce waiting lists, new contracts were issued...

Trust between parties should drive contract design: if parties were suspicious about each others' reaction to unplanned events, they might agree to pay higher costs of negotiation ex ante to complete contracts. Using a unique sample of U.S. consulting contracts and a negative shock to trust...

This chapter reviews the economic effects of employee representation with statutory consultation and information rights at the workplace, the works councils. The chapter summarises the international literature which is heavily skewed towards the German case. This review focuses, first, on the...

These remarks were delivered by World Bank Group President David Malpass to the Development Committee at 2022 Spring Meetings on April 22, 2022. The war in Ukraine is an added challenge to catastrophic droughts, the surge in food prices, and disruptions of food supply chains. An estimated 100...

In recent years, the knowledge management approach of the firm has emerged as the central theoretical perspective intended to address the question of adaptation to technological change. As for theoretical and practical implications, we proposed a comprehensive model that provides an integrative...

Although artificial intelligence (AI) is transforming the workplace structure, very little is known about the strategy that facilitates AI implementation in organizations. The purpose of this paper is to explore key elements in transferring knowledge of the AI implementation process in human...

Earning a good reputation is crucial for the survival of new firms on online retailing and service platforms. With a dynamic price signaling model, we show that a high-quality firm can signal its unobserved quality by setting a lower introductory price than its low-quality counterpart. After...

Abstract in German: Auf Basis eines bundesweiten Samples von Honorarberatern und Kunden eruiert diese Studie handlungspolitische Empfehlungen, die zu einer erfolgreichen Etablierung der Honorarberatung in Deutschland beitragen sollen. Mittels einer explorativen Faktoranalyse (EFA) wird zwischen...

Purpose: This article aims to share practical insights regarding the changes implemented between 2016 and 2018 in a consulting programme implemented in a French business school that involves 200 to 250 bachelor’s students on a yearly basis. For five weeks, students work as consultants...

The WTO Secretariat has published an indicative list compiling information on the critical inputs for the manufacturing, distributing and administering of COVID-19 vaccines. The list was jointly produced with the Asian Development Bank, the Organisation for Economic Cooperation and Development,...

Mit der Vervielfachung des Datenvolumens und der raschen Weiterentwicklung entsprechender Analysemethoden und Werkzeuge gibt es immer mehr Unternehmen, insbesondere aus dem kleineren Mittelstand, die aufgrund mangelnder Ressourcen und Fähigkeiten nicht in der Lage sind, ihre Datenschätze zu...

Purpose – This study aims to examine how embeddedness influences consultants’ information seeking when making decisions within a social network of relationships, and how these social networks evolve throughout the project delivery stages. The study is grounded in social network theory and...

In 1994, the United Nations Economic and Social Council revoked the consultative status granted the International Lesbian and Gay Association on grounds that some of its members were affiliated with pedophile groups

The paper proposes a simple equilibrium model of venture capital, entrepreneurship and innovation. Venture capitalists not only finance but also advise start-up entrepreneurs and thereby add value to new firms. The paper demonstrates how a productive and active VC industry boosts innovation...

We study regulation of the auditing profession in a model where audit quality is unobservable and enforcing regulation is costly. The optimal audit standard falls short of the first-best audit quality, and is increasing in the riskiness of firms and in the amount of funding they seek. The model...

Although the existence of informal economies in countries around the world has both benefits and costs for societies, the analytical consensus is that costs generally outweigh the benefits. Yet in such analysis, even conceptualization and measurement of the informal economy is challenging. And...

Public procurement is plagued by bidding rings almost everywhere. While the reasons as to why cartels are active in public procurement markets are well understood, little evidence is available about the subtleties of the anticompetitive mechanisms adopted by cartels members to game procurement...

The mining sector includes a vast array of background players, who act as consultants to the bidding companies. Often, the companies pan out strategies to acquire blocks and thereby, have exploration permits. Additional strategies are then formulated for Mining Leases and Prospecting Licenses...

The objective was to design the strategy in the Joint Venture Hotel Saratoga Ltd., using its own and novel procedure, which highlights the operationalization of the values; the SWOT analysis and the link with the Balanced Scorecard. The Board of Directors was trained and an institutional...

In September 2016, Transport for London (TfL) launched a consultation on its review of the regulations covering private hire vehicles (PHVs), commonly known as minicabs. Whilst recent technological developments have had important implications for the private passenger transport sector –...

In this paper we set up a model of start-up finance under double moral hazard. Entrepreneurs lack own resources and business experience to develop their ideas. Venture capitalists can provide start-up finance and commercial support. The effort put forth by either agent contributes to the firm's...

"Organizational and systems change, a primary focus for many consulting psychologists and other professional consultants, requires a subtle knowledge of human organizations, cultures, and societies. This text provides conceptual and operational descriptions of the major approaches to the field...

"A vital and timely investigation into the opaque and powerful consulting industry-and what to do about it There is an entrenched relationship between the consulting industry and the way business and government are managed today that must change. Mariana Mazzucato and Rosie Collington show that...

The swift and thorough privatization of eastern Germany did not emanate solely from the West German Federal Republic. This book explores actors from abroad – mainly from western Europe – in four functions: as investors, as advisors and capital providers, and as co-decisionmakers on...

Der Weg zu einer agilen Unternehmenskommunikation ist für Organisationen oftmals schwierig allein zu bewältigen. Eine unabhängige Perspektive von Beratern bzw. das spezielle Know-how von Dienstleistern können dabei sehr wertvoll sein. Die Universität Münster hat die Rolle von externen...