Martin Eling and Werner Schnell
This paper aims to provide an overview of the main research topics in the emerging fields of cyber risk and cyber risk insurance. The paper also illustrates future research…
Abstract
Purpose
This paper aims to provide an overview of the main research topics in the emerging fields of cyber risk and cyber risk insurance. The paper also illustrates future research directions, from both academic and practical points of view.
Design/methodology/approach
The authors conduct a literature review on cyber risk and cyber risk insurance using a standardized search and identification process that has been used in various academic articles. Based upon this selection process, a database of 209 papers is created. The main research results findings are extracted and organized in seven clusters.
Findings
The results illustrate the immense difficulties to insure cyber risk, especially due to a lack of data and modelling approaches, the risk of change and incalculable accumulation risks. The authors discuss various ways to overcome these insurability limitations, such as mandatory reporting requirements, pooling of data or public–private partnerships in which the government covers parts of the risk.
Originality/value
Despite its increasing relevance for businesses at present, research on cyber risk is limited. Many papers can be found in the IT domain, but relatively little research has been done in the business and economics literature. The authors illustrate where research stands currently and outline directions for future research.
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The purpose of this paper is to hone in on the degree of segment-level integration relative to corporate post-merger performance.
Abstract
Purpose
The purpose of this paper is to hone in on the degree of segment-level integration relative to corporate post-merger performance.
Design/methodology/approach
The sample consists of 89 segments in 29 combined companies resulting from large mergers and acquisitions (M&A) transactions between 2001 and 2014 in the pharmaceutical and chemical industries worldwide. The authors track the change through M&A in performance of segments with different integration forms as well as performance of entire companies with different integration levels.
Findings
The authors find that integrating the segments from the target significantly improves the acquirer’s overall performance, as well as the concerned segments’ performance, following an M&A transaction. Whereas the segments from the target company, when left unintegrated, not only exhibit subpar performance among all the segments, but also appear responsible for the worsening corporate performance. Various possible reasons for this contrast are discussed.
Originality/value
This paper raises awareness of the significance of segment-level analyses, and contributes to the post-merger integration (PMI) research by examining the influence of structural integration on operating segments. To the best of our knowledge, this paper is the first to investigate integration forms and the post-merger financial performance of various segments within companies.
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Andrea Müller and Werner Schmidt
The paper examines the work and interactions of staff councils in German municipalities and the power resources the staff councils have at disposal. The paper also discusses the…
Abstract
Purpose
The paper examines the work and interactions of staff councils in German municipalities and the power resources the staff councils have at disposal. The paper also discusses the relationship between staff councils and trade unions and suggests a modification of the prominent concept of the “dual system of interest representation” to a “trimorphic system of interest representation” for the public sector.
Design/methodology/approach
The paper draws on case studies of staff councils in municipalities and administrative districts, relying on semi-structured interviews, group discussions and document analysis.
Findings
Staff councils operate in an extensively regulated field. The major task of staff councils is to monitor that employers follow collective agreements and the law. Staff councils' existence and co-determination rights of staff councils are provided by law; however, staff councils not only use institutional, but also organisational and – occasionally – political power resources, whereas structural and societal power resources are rarely actively used. The relationship between staff councils and trade unions often plays an important role and is in many cases characterised by mutual support.
Originality/value
Although staff councils are a widespread and a very interesting type of representation because staff councils represent both employees and civil servants who are employed in two distinctly different employment systems, staff councils are widely under-researched. This paper enriches empirical knowledge about labour relations and introduces the notion of a “trimorphic system of interest representation”.
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In a globalised economy, the EU, being self-confident, could shape international standards by defending and promoting its own socioeconomic model. Social democratic parties…
Abstract
In a globalised economy, the EU, being self-confident, could shape international standards by defending and promoting its own socioeconomic model. Social democratic parties rhetorically confess the need for a ‘European social model’, but meanings and ways to achieve it differ largely. In a comparative case study on the programmatic positioning of the German Sozialdemokratische Partei Deutschlands and the Spanish Partido Socialista Obrero Español, the parties' perspectives on the integration mode and their handling of the Economic and Monetary Union framework and its crisis over the last decade are traced. Although similar paths from neoliberal convictions of the ‘third way’ to a positive integration process in a fiscal union setting are found, the scope and levels vary, illustrating the abilities of both parties to meet new transnational challenges. The crisis of the Eurozone was a definitive turning point for the positioning of the Social Democrats in Spain in favour of more political and fiscal integration. In contrast, their German comrades already advocated increased social integration of the EU since 2005 but remained very cautious regarding reforms of the economic framework established by the Eurozone.
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Leyla Orudzheva, Manjula S. Salimath and Robert Pavur
The consequences of corporate corruption control (CCC) have either been investigated outside the firm (e.g. foreign direct investment inflows) or inside the firm (e.g…
Abstract
Purpose
The consequences of corporate corruption control (CCC) have either been investigated outside the firm (e.g. foreign direct investment inflows) or inside the firm (e.g. profitability). Yet prior research addresses these implications separately, treating them as distinct phenomena, ignoring questions at their intersection. However, corruption control can be leveraged to benefit both organizations (internally) and environments (externally). In line with open systems theory, this study aims to explore a ripple effect of corruption control not only inside organizations (efficiency through adoption of sustainable resource management practices) but also outside [community-centered corporate social performance (CSP)].
Design/methodology/approach
Using a longitudinal sample of multinational enterprises from Forbes list of “The World’s Largest Public Companies,” the authors use a cross-lagged panel design to provide clarity regarding causal effects.
Findings
Results confirm causal directionality and support the positive effect of corruption control on resource management and community CSP, contributing toward understanding implications at the organization–environment interface.
Originality/value
The authors examine both internal and external implications of CCC. The use of a cross-lagged design that is relatively novel to the management field allows to check for casual effects between CSP elements that were previously assumed to have reciprocal casual effects.
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Peter Schott, Matthias Lederer, Isabella Eigner and Freimut Bodendorf
Increasingly, dynamic market environments lead to growing complexity in manufacturing and pose a severe threat for the competitiveness of manufacturing companies. Systematic…
Abstract
Purpose
Increasingly, dynamic market environments lead to growing complexity in manufacturing and pose a severe threat for the competitiveness of manufacturing companies. Systematic guidance to manage this complexity, especially in the context of Industry 4.0 and the therewith rising trends such as digitalization and data-driven production optimization, is lacking. To address this deficit a case-based reasoning (CBR) system for providing knowledge about managing complexity in Industry 4.0 is presented.
Design/methodology/approach
First, the explicit knowledge representation for managing complexity in IT-based manufacturing is introduced. Second, the CBR process step to retrieve knowledge from an artificially composed case base with in total 70 cases of data-based complexity management in the context of Industry 4.0 is set out. Third, knowledge transfer alongside several maturity levels of information technology capabilities of manufacturing systems for reuse in new problem scenarios is introduced.
Findings
The paper comprises the conceptual approach for designing a CBR system to support data-based complexity management in manufacturing systems. Furthermore, the appropriateness of the CBR system to provide applicable knowledge for reducing and managing complexity in corporate practice is shown.
Research limitations/implications
The presented research results are evaluated in the course of an embedded single case study and may therefore lack generalizability. Future research to test and enhance the appropriateness of the developed CBR system will strengthen the research contribution.
Originality/value
The paper provides a novel approach to systematically support knowledge transfer for data-based complexity management by transferring the well-known and established methodology of CBR to the rising application domain of manufacturing systems in the context of Industry 4.0.
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Von Hochschulprofessor Dkfm. and Paul Bernecker
In den Alpenländern war der beginnende Bergsport ein gewaltiger Antrieb für den Fremdenverkehr. Die Alpinisten müssen daher in einer historischen Sicht der…
Abstract
In den Alpenländern war der beginnende Bergsport ein gewaltiger Antrieb für den Fremdenverkehr. Die Alpinisten müssen daher in einer historischen Sicht der Fremdenverkehrs‐entwicklung als Pioniere des Fremdenverkehrs betrachtet werden. Die erste bergsportliche Vereinigung war der British Alpine Club, der 1857 in London gegründet wurde. 1862 folgte der Österreichische Alpenverein, 1863 der Schweizer Alpenclub und der Club Alpino Italiano. 1869 entstanden der Deutsche Alpenverein und der Österreichische Touristenclub, 1874 der Club Alpin Francais und im gleichen Jahre durch Vereinigung des Österreichischen Alpenvereins in Wien und des Deutschen Alpenvereins in Mnchen der Deutsche und Österreichische Alpenverein. Daneben entstanden aber auch zahlreiche regionale Touristenvereine, wie 1864 der Schwarzwaldverein, 1866 der Club Jurassien in Neuchtel, 1868 der Taunusklub in Frankfurt a. M., 1869 der Steirische Gehirgsverein, u. v. a. m. Die Erforschung und Erschliessung der Bergwelt, Weganlagen und der Bau von Unterknften, vor allem aber die Begeisterung fr die Schönheit bestimmter Gebiete machten die Bergsteiger jener Zeit zu den grossen ungenannten Propagandisten der Alpenländer und ihrer Siedlungen.
This paper does not pretend to introduce anything which has not been said at greater length before, but it may prove useful to the extent that it attempts to collect together…
Abstract
This paper does not pretend to introduce anything which has not been said at greater length before, but it may prove useful to the extent that it attempts to collect together associated aspects of the utilization of foreign literature.
Cho Hyun Park, Sunyoung Park and Bora Kwon
The purpose of this study is to review the overall trends in diversity, equity and inclusion (DEI) research in the management field.
Abstract
Purpose
The purpose of this study is to review the overall trends in diversity, equity and inclusion (DEI) research in the management field.
Design/methodology/approach
We performed a scoping review to comprehensively understand how DEI research has been conducted and to inform future research and practices in the management field. We reviewed 725 articles published from 1976 to 2022 in SSCI-indexed management journals. We examined publication profiles (number of articles and research focus), publication tendency (journals and years), chronological publication trends, work environments (traditional vs remote/virtual work settings) and dimensions of DEI, including age, gender, race and culture.
Findings
We identified six common DEI research themes: (1) DEI management and practice, (2) perspectives on DEI, (3) team/group diversity, (4) DEI conceptualization, (5) leadership for DEI and (6) DEI climate. Finally, discussion, implications and recommendations for future research are presented.
Originality/value
Our research provides a comprehensive outline of the DEI research and suggests future directions to contribute to and advance knowledge on DEI in the management field.