The financial crisis is a crisis of governance as well. In search of answers and solutions many scholars and practitioners recommend improved output control, i.e. better external incentives or even stricter regulations. Monasteries demonstrate that alternative models may be more suitable to enhance sustainable governance quality and to reduce agency problems. In the long history of monasteries, some abbots and monks were known to line their own pockets and some monasteries were undisciplined. Monasteries developed special systems to combat these excesses thus ensuring their survival over centuries. We study these features from an economic perspective. Derived from an analysis of the Benedictine monastery of Engelberg we offer three improvements of applied governance designed to reduce a...
... for the field of corporate governance.2 Today in particular this field is facing fundamental cha...
As part of the GLOBE project, this paper explores the societal and the organizational culture of the Romanian finance industry as reflected by middle managers' opinion. The two culture levels are compared across nine cultural dimensions. The differences between the cultural manifestations (practices and values) are analyzed through comparing the middle managers' answers to "what is" and "what should be" type questions at organizational and societal levels. The findings show some significant differences for the majority of the cultural dimensions examined both between culture levels (organizational versus societal) and culture manifestations (practices versus values).
... 1989 Romania operated a monobanking system, today the system comprises 42 credit institutions, out o... biggest collapse of collectivism in the history took place in Eastern Europe in the last 20 years,...
Problems of justice, such as high managerial salaries or the introduction of minimum wages, today arouse a lot of public attention and debate. This hints at the general fact that "justice" cannot be reduced to mere efficiency questions as economists very often tend to assume. Therefore, this paper deals with opportunities to include aspects of social justice in economic analyses. The authors describe the historical development from the Aristotelian concept of justice via the medieval idea of pretium iustum towards the classical liberal approach of Adam Smith. The limits of a pure liberal concept of justice even in modern market societies are revealed which in turn indicate the necessity of an integrated approach that applies the instruments of contemporary economics, but also allows for...
...A look at history shows the following: From the earliest days of Chr...
... are not performed by the regular police today, but by private police organizations or other publ... form of the restructuring depend on local history and circumstances, and particularly on the traject...
... axis measures degree of commoditization today, the vertical axis measures predicted commoditizat...For example, using an event-history analysis, Levinthal and Fichman (1988) find that a...
The following article gathers notes and comments on industrial democracy, its terminology, history and current developments. Industrial democracy is an enigmatic term whose spectrum of meanings is explored in the first section. The Anglo-Saxon terminology, going back to S. and B. Webb will be compared with the German vocabulary of Wirtschaftsdemokratie and co-determination. The following sections deal with the peculiarities of German co-determination. First the emergence of co-determination is explained by a conflictual interplay of employers, state and trade unions, followed by a sketchy number of the crucial steps of its development up to today's challenges. An additional section is devoted to the rationale of the works council, which has surprisingly evolved from a Cinderella to the ...
This paper reviews recent books supporting the development of using qualitative methods in interpretative research. Revolving around three major issues, i.e. increasing the level of rigour, using software packages and new methodological developments, the paper outlines the specific contributions of these books and lays out further needs for development. [PUB ABSTRACT]
...Although a look into the history of interpretative research shows that even in the ...' package which was the predecessor of today's popular NVivo software, was introduced in 1981 a...
...2005; Edler et al. 2002; OECD 1998). Today's international R&D investments are also character...Thus, experience and a prior successful history of FDI into a country lead to greater FDI inflows ...
This paper portrays "neo-liberalism" in its original conceptual meaning as opposed to the generic term of depreciation which it is commonly used. Fair competition is identified and the denial of all privilege is declared as the major concern of neo-liberals. Ethical merit for competition might, at first sight, be based on only two principles: individual natural rights (equal liberty) and socially desirable outcomes ("unintended altruism"). It was the neo-liberal idea to put fairness-norms or universally applicable rules of just behavior between an unqualified "input-based" ethics and an unqualified "output-based" ethical consequentialism. The enforcement of such rules is a major obligation of the state. Today, the European Union assumes the role of "guardian" of competition. In a certai...
...I start with a short account of the history of ideas of original neo-liberalism and the perhap...
This article analyzes the competitive advantage of German renewable energy firms in Russia. Based on Porter's diamond model of competitiveness, we examine the demand for renewable energy in Russia and German firms' ability to meet this demand. While the overall demand for renewable energy in Russia is still low, the study reveals formidable opportunities in the fields of biomass, solar and wind energy. Our findings are meant to address managers in the renewable energy industry and to aid policy makers in environmental support and action.
...Today, the energy mix in Russia is dominated by gas, whi..., and rivalry can be explained by the long history in the use of renewable energy in the domestic mar...
ver las páginas en versión mobile | web
ver las páginas en versión mobile | web
© Copyright 2012, vLex. Alle Rechte vorbehalten.
vLex-Inhalte Deutschland
vLex durchsuchen
Für Berufstätige
Für Mitglieder
Andere interessante Suchvorgänge:
stadtplan | liechtenstein map | Regionalpolitik | satellite internet | drucker institute | desarmamento brasil | luxembourg gare | suprema corte justicia com | working capital management | nuclear safety record
