The proportion of women on the executive and supervisory boards of Germany's largest private companies has risen considerably since data collection for the DIW Women Executives Barometer began 20 years ago. While it was just over one percent on the executive boards of Germany's 200...

Do firms uniformly oppose regulations that increase production costs, or might industry leaders strategically support stricter standards as a competitive tool? We identify a specific mechanism through which large firms strategically support regulations to enhance their competitive position....

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...

Despite its recognized importance, innovation strategy remains an underexplored field, often hindered by fragmented approaches and practical barriers. To address this critical gap, this study develops a structured methodology for aligning innovation strategies with business objectives, offering...

We present new empirical evidence on the role of granularity in the current account (CA), using a unique and comprehensive firm-level dataset for Switzerland. We show that idiosyncratic shocks to large firms account for almost two thirds of the fluctuations in the headline CA and are the primary...

Artificial intelligence (AI) has quickly emerged as a top technological priority for companies in various sectors, radically altering business operations. However, the existing literature reveals a fragmented and inconsistent understanding of AI adoption dynamics between small and medium...

This paper uses barcode-level price data for 16 advanced and emerging market countries over the period 2005–2022 to investigate the role of individual firms and product categories in aggregate inflation. We decompose inflation into the component due to macroeconomic shocks and the granular...

The aim of present investigation was to examine mediation effect of human capital among Strategic alignment, strategic foresight as well as competitive advantage in Ethiopian medium and large manufacturing firms. The target population for this study comprised of medium and large manufacturing...

This article examines the determinants of the profitability of European wine companies using dynamic panel models, analyzing 1,025 firms from 14 countries between 2015 and 2021. Unlike previous research that focused mainly on financial variables, this study incorporates financial, nonfinancial,...

This research aims to comprehensively examine the impacts of various levels of the life cycle stages of firms (LCSF) on restructuring charges and to investigate the impact of institutional ownership on the correlation between LCSF and restructuring charges. This study employs panel data that is...

The EU has grown less, and has become less productive, than the US in the last twenty years. The differences are small, but a healthy ambition to do better justifies analysing the sources of this difference and how policy can affect them. This paper focuses on the pattern of specialisation of...

The EU has grown less, and has become less productive, than the US in the last twenty years. The differences are small, but a healthy ambition to do better justifies analysing the sources of this difference and how policy can affect them. This paper focuses on the pattern of specialisation of...

South Korea stands out among OECD countries for its lowest proportion of jobs in large enterprises. Good jobs, often synonymous with employment opportunities in large enterprises, are in short supply. This shortage prompts various societal issues: the overheating of college admission...

Purpose: This research explores the impact of adopting AI-CRM on integration capability, team collaboration, and firm performance. Additionally, it investigates whether big data analytical capability significantly influences integration capability, team collaboration, and competitive advantage....

The number of women serving on the executive boards of large companies in Germany once again increased in 2023: Around 18 percent (153 of 875) of executive board members at the 200 largest companies were women as of late fall 2023, two percentage points higher than in 2022. Thus, growth has...

Firm competitiveness is a crucial trait of companies which managers strive to improve, and even policy makers focus on it regarding economic development. As companies are embedded into different layers of the environment, this study aims to identify the influence of top managerial perception...

This study aims to determine whether big business or institutions comprise a more significant entrepreneurship determinant. In addition, we have three subobjectives: We examine (1) how the relationship between big businesses and entrepreneurship changes according to the economic development...

Alan et al. (2023) carry out a field experiment where they randomly allocate 20 corporations in Turkey to a treatment group or a control group. White-collar employees at the headquarters of the corporations are invited to participate in a training program to improve the workplace environment....

Big Tech wield unprecedented influence on production and consumption relations. Europe faces a number of epoch-making questions. Will the regulatory frameworks deliver? Should Big Tech be broken up or standards relaxed? Should national and supra-national authorities foster alternative ventures...

„The Social Responsibility of Business is to Increase its Profits” titelt der US-amerikanische Ökonom Milton Friedman 1970. Der Zweck einer Kapitalgesellschaft erschöpft sich danach in der wohlfahrtsmaximierenden Interessenaggregation. Gesamtgesellschaftliche Ziele sind im...

There is an ongoing debate on what exactly are the differences between founder/shareholder-CEOs and professional-CEOs, and how those differences impact the performance of companies both from a managerial and financial standpoint. Though this issue attracted a lot of attention from scholars...

This study examines the association between a firm’s environmental, social and governance (ESG) performance and financial performance by examining the extent to which stakeholder and legitimacy theory help explain the effects on explanatory variables used in the study. Moreover, the study...

Solving Canada's perennial productivity problem will partially be addressed by creating companies that scale from start-up to world-class status. Canada has been challenged at scaling companies and, in fact, has the lowest number of manufacturing companies with over 250 employees per one million...

Financially distressed companies are more likely to be rescued as going concerns if they enter into debt restructuring early whilst still high up on the ‘demise curve’. In Hong Kong, early-stage non-consensual debt restructuring is effected via the scheme of arrangement. Yet, despite the...