Journal of business economics最新文献_第6页

Corporate purpose: from a ‘Tower of Babel’ phenomenon towards construct clarity 企业目标:从“巴别塔”现象走向结构清晰

Journal of business economics Pub Date : 2023-01-24 DOI: 10.1007/s11573-023-01137-9

Nikolai Brosch

引用次数: 1

The times they are a-changin’: profiling newly tenured business economics professors in Germany over the past thirty years 他们的时代正在改变:过去三十年来，德国新近获得终身职位的商业经济学教授

Journal of business economics Pub Date : 2023-01-16 DOI: 10.1007/s11573-022-01132-6

M. Fernandes, A. Walter

引用次数: 0

Value creation and CSR. 价值创造与企业社会责任。

Journal of business economics Pub Date : 2023-01-10 DOI: 10.1007/s11573-022-01131-7

Thomas Donaldson

{"title":"Value creation and CSR.","authors":"Thomas Donaldson","doi":"10.1007/s11573-022-01131-7","DOIUrl":"10.1007/s11573-022-01131-7","url":null,"abstract":"A more robust, inclusive model of value creation will sharpen dominant normative theories of Corporate Social Responsibility (CSR) such as stakeholder theory and the theory of communicative/deliberative democracy. When measuring value creation, CSR theories oscillate between traditional, exchange-based approaches utilizing narrow financial metrics and value-oriented approaches embedded in prominent CSR theories. The two are often in conflict. The problem is aggravated by CSR's assumption that all firms, regardless of industry, possess the same generic responsibilities. A mining company, a sports betting service, and a medical device manufacturer are on all fours when measuring CSR success. The paper identifies a contradiction between settled normative convictions and the corporate decision making that normative CSR theories prescribe. Using the pharmaceutical industry as an example, it references the widespread conviction that during the 2019 Covid-19 pandemic some pharmaceutical companies had a responsibility to reach beyond the goal of financial optimization. It then explains why this conviction cannot be rationalized using two prominent normative theories of CSR, namely, stakeholder theory and the theory of communicative/deliberative democracy. The problem hinges on a defective model of value creation. One implication of the analysis is that healthcare companies should readjust corporate governance in order to make health a focal goal alongside that of profit. At the same time, a semiconductor firm might satisfy its CSR responsibilities by only designating profit as its focal goal. The thrust of the paper is to show why reconceiving the model of value creation can advance not only stakeholder and communicative/deliberative democracy theories, but all CSR.","PeriodicalId":94069,"journal":{"name":"Journal of business economics","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-01-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9838264/pdf/","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"88230809","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Analyzing upstream and downstream risk propagation in supply networks by combining Agent-based Modeling and Bayesian networks 基于agent建模和贝叶斯网络相结合的供应链网络上下游风险传播分析

Journal of business economics Pub Date : 2023-01-06 DOI: 10.1007/s11573-022-01128-2

Niels Bugert, R. Lasch

引用次数: 0

Business economics in a pandemic world: how a virus changed our economic life. 大流行世界中的商业经济学:病毒如何改变我们的经济生活

Journal of business economics Pub Date : 2023-01-01 Epub Date: 2023-01-13 DOI: 10.1007/s11573-023-01135-x

Wolfgang Breuer, Jannis Bischof, Oliver Fabel, Christian Hofmann, Jochen Hundsdoerfer, Tim Weitzel

引用次数: 0

Losses never sleep - The effect of tax loss offset on stock market returns during economic crises. 损失永不停歇——经济危机期间，税收损失对股市回报的抵消效应

Journal of business economics Pub Date : 2023-01-01 Epub Date: 2023-01-28 DOI: 10.1007/s11573-022-01134-4

Reinald Koch, Svea Holtmann, Henning Giese

引用次数: 1

Socioeconomic status and entrepreneurial networking responses to the COVID-19 crisis. 社会经济地位和企业网络应对COVID-19危机

Journal of business economics Pub Date : 2023-01-01 Epub Date: 2022-11-22 DOI: 10.1007/s11573-022-01120-w

Leif Brändle, Helen Signer, Andreas Kuckertz

{"title":"Socioeconomic status and entrepreneurial networking responses to the COVID-19 crisis.","authors":"Leif Brändle, Helen Signer, Andreas Kuckertz","doi":"10.1007/s11573-022-01120-w","DOIUrl":"10.1007/s11573-022-01120-w","url":null,"abstract":"Networks play a vital role for entrepreneurs in overcoming crises. The most vulnerable to crises are those from lower socioeconomic backgrounds. However, we know less about the role of socioeconomic status in entrepreneurial networking. This study investigates whom entrepreneurs call in case of emergency. We develop hypotheses on how entrepreneurs' socioeconomic status influences models of networking agency in situations of economic threat. The results of a pre-registered randomized experiment in the COVID-19 context conducted with 122 entrepreneurs from the US indicate that entrepreneurs in higher socioeconomic status positions activate contacts to serve their own goals (i.e., independent networking agency) when facing an economic threat. In contrast, and counter-intuitively, entrepreneurs of lower socioeconomic status are more likely to support others when facing an economic threat (i.e., interdependent networking agency). Exploring the evolving network structure, our explorative post-hoc analyses suggest that entrepreneurs activate closer networks (i.e., higher density and stronger ties) under threat. The study discusses the implications of these findings for the theory of entrepreneurial networking in general and network responses to crises in particular.","PeriodicalId":94069,"journal":{"name":"Journal of business economics","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9684885/pdf/","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"86358999","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 1

COVID-19 pandemic and capital markets: the role of government responses. COVID-19大流行与资本市场:政府应对措施的作用

Journal of business economics Pub Date : 2023-01-01 Epub Date: 2022-07-07 DOI: 10.1007/s11573-022-01103-x

Christian Beer, Janine Maniora, Christiane Pott

{"title":"COVID-19 pandemic and capital markets: the role of government responses.","authors":"Christian Beer, Janine Maniora, Christiane Pott","doi":"10.1007/s11573-022-01103-x","DOIUrl":"10.1007/s11573-022-01103-x","url":null,"abstract":"This paper analyzes the moderation effect of government responses on the impact of the COVID-19 pandemic, proxied by the daily growth in COVID-19 cases and deaths, on the capital market, i.e., the S&P 500 firm's daily returns. Using the Oxford COVID-19 Government Response Tracker, we monitor 16 daily indicators for government actions across the fields of containment and closure, economic support, and health for 180 countries in the period from January 1, 2020 to March 15, 2021. We find that government responses mitigate the negative stock market impact and that investors' sentiment is sensitive to a firm's country-specific revenue exposure to COVID-19. Our findings indicate that the mitigation effect is stronger for firms that are highly exposed to COVID-19 on the sales side. In more detail, containment and closure policies and economic support mitigate negative stock market impacts, while health system policies support further declines. For firms with high revenue exposure to COVID-19, the mitigation effect is stronger for government economic support and health system initiatives. Containment and closure policies do not mitigate stock price declines due to growing COVID-19 case numbers. Our results hold even after estimating the spread of the pandemic with an epidemiological standard model, namely, the susceptible-infectious-recovered model.","PeriodicalId":94069,"journal":{"name":"Journal of business economics","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9261242/pdf/","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"88834462","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Governing digital crisis responses: platform standards and the dilemma of COVID-19 contact tracing. 管理数字危机应对:平台标准和COVID-19接触者追踪的困境

Journal of business economics Pub Date : 2023-01-01 Epub Date: 2022-11-17 DOI: 10.1007/s11573-022-01118-4

Felix B Buesching, Dennis M Steininger, Daniel J Veit

{"title":"Governing digital crisis responses: platform standards and the dilemma of COVID-19 contact tracing.","authors":"Felix B Buesching, Dennis M Steininger, Daniel J Veit","doi":"10.1007/s11573-022-01118-4","DOIUrl":"10.1007/s11573-022-01118-4","url":null,"abstract":"In response to the impact of the SARS-CoV-2 (COVID-19) pandemic, various developers turned to smartphone-based contact tracing to address the challenges of manual tracing. Due to the presence of network effects, i.e., the effectiveness of contact tracing applications increases with the number of users, information technology standards were critical to the technology's success. The standardization efforts in Europe led to a variety of trade-offs concerning the choice of an appropriate technological architecture due to the contradictory tensions resulting from the dualism between the need for contact tracing data to contain the pandemic and the need for data minimization to preserve user privacy. Drawing predominantly on the software platform and standards literature, we conduct an interpretive case study to examine the emergence and consequences of this multi-layered decision situation. Our findings reveal how Google and Apple were able to limit the individual leeway of external developers, thereby effectively resolving the European standards war. Furthermore, we identify and discuss the various short-term and long-term trade-offs associated with the standardization of contact tracing applications and translate our findings into recommendations for policy makers with respect to future crisis situations. Specifically, we propose a strategy grounded in our data that enables responsible actors to make goal-oriented and rapid decisions under time constraints.","PeriodicalId":94069,"journal":{"name":"Journal of business economics","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9672648/pdf/","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"82596460","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 2

Distortional effects of separate accounting and formula apportionment on factor allocation. 单独核算和公式分配对要素分配的扭曲效应。

Journal of business economics Pub Date : 2023-01-01 Epub Date: 2023-01-06 DOI: 10.1007/s11573-022-01133-5

Regina Ortmann, Erich Pummerer

{"title":"Distortional effects of separate accounting and formula apportionment on factor allocation.","authors":"Regina Ortmann, Erich Pummerer","doi":"10.1007/s11573-022-01133-5","DOIUrl":"https://doi.org/10.1007/s11573-022-01133-5","url":null,"abstract":"We examine distortions caused by tax base allocation systems-separate accounting (SA) or formula apportionment (FA)-with respect to the allocation of assets and workforce within multinational entities (MNEs). The effects of both systems are intensively debated by EU Member States as they are striving to implement a European tax system. Its introduction would lead to a switch from SA to FA. Moreover, Pillar One of the recent global tax reform includes a mix of both tax base allocation systems. We find that, against the claims of the EU, FA does not necessarily create lower distortions of the factor allocation. Decisive for that assessment is the level of profit shifting under SA. Our results indicate that, in tendency, the factor allocation is more severely distorted by FA when the profit shifting possibilities were rather low under SA. In contrast to former studies, we highlight the importance of analyzing the status quo under the recently applied system (SA) in order to be able to assess the consequences of a switch from SA to FA. Our results are interesting for policy-makers as they help anticipating reactions of MNEs to a change in the applied tax base allocation system and for companies as a basis for future tax planning.Supplementary information: The online version contains supplementary material available at 10.1007/s11573-022-01133-5.","PeriodicalId":94069,"journal":{"name":"Journal of business economics","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10515356/pdf/","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41167508","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0