The impact of personality traits on talents’ performance throughout development phases: empirical evidence from professional football

ABSTRACT

This paper addresses a critical gap in talent management research, i.e. the question of what determines high performance, by highlighting the importance of personality traits for the performance of talents who are trained within the strong situation of a pivotal talent pool – – the talent pool, of a German Bundesliga club. The findings illustrate the ubiquitous high level of certain personality traits among pivotal talents, their limited variance inter talent development phases as well as their significant impact on talent performance. As a complement to talents’ job-specific skill level, the personality facet of self-confidence is a consistent driver of overall performance, with resilience and job-specific creativity being essential in order to perform above peer-group level.     

Quadratic-mean-of-order-r indexes of output,input and productivity

Journal of Productivity Analysis - This paper deals with the quadratic-mean-of-order-r indexes of output, input and productivity. Each index is a family of indexes that unify many of the existing...     

Visegrad economies’ active implication in a “new” EU: A new regional economic approach

The EU faces maybe to the greatest challenges in its history. The paper deals with the idea of analysing the sub‐regional organisation Visegrad Group Visegrad 4 (V4) and its role in the new EU‐27 before and after Brexit. For realisation of this scope, six representative economic indicators are taken into consideration. The data analysis procedure covers latest 10 years meaning 2010–19. In order to support the analysis in the paper, first objective has the building a hypothetic optimal database which has to cover the above six indicators related to EU‐28 and V4. Second objective is relate to the performances quantification of each EU and V4’s economy based on a separately analyse. Final and the major objective is that V4 is able to face to the new global and regional challenges. The analysis in the paper is based on two new models. First of them is a regional development radiography model based on a hexagon diagram. The second is a regional evolution model based on a matrix approach. Both proposed models have distinct hypotheses, which are finally valid by the analysis. The paper puts into discussion five objectives and succeeds in achieving them. The main conclusion of the paper is that V4 is and will continue to be a growth pole for the EU economy. It would be supported by the EU in order to implement policies able to manage better employment.     

The Role and Current Status of IFRS in the Completion of National Accounting Rules – Evidence from Slovenia

Abstract

We provide an overview of the role and current status of International Financial Reporting Standards (IFRS) in the development of national accounting rules in Slovenia. The basic requirements of the financial reporting in Slovenia are set in the Companies Act, while the Slovenian accounting standards (SAS) provide a detailed authoritative guidance, especially on measurement. We describe the (historical) relations of all four editions of SAS with IFRS, provide explanations for the close alignment of SAS 2006 and SAS 2016 with IFRS, and identify major differences. In addition, the paper covers the adoption of the new EU accounting Directive into Slovenian legislation.     

Ein Rollenmodell zur Einbindung der Endkunden in eine smarte Energiewelt

The successful expansion of renewable energies requires a phase of change in the energy supply system. On the one hand solutions have to be found to ensure the system dependability in spite of the high volatility of the feeding-in from renewable sources. On the other hand the differences between feeding-in and demand, which also occurs on the regional level evermore, have to be equalized on the regional level, too. For this purpose, it is necessary to develop new control and modified market mechanisms. The role definition of the involved actors gets an increasing relevance because of the politically predetermined unbundling. However, only a slight attention was paid to the role of the final consumers in the past. For a successful rebuilding of the energy supply system it is nevertheless important to involve the consumers in this process. It could be demonstrated within the research project “MeRegio”, that the integration of the consumers into an incentive based demand side management can tap significant potentials to equalize differences between feeding-in and demand. Therefore, the focusing on the final consumers can have an important contribution to rebuild the energy supply system.     

Sparen und Vollbeschäftigung

Ohne ZusammenfassungMit 1 Textabbildung     

Shiller's CAPE: Market Efficiency and Risk

Robert Shiller shows that Cyclically Adjusted Price to Earnings Ratio (CAPE) is strongly associated with future long‐term stock returns. This is often interpreted as evidence of market inefficiency. We present two findings contrary to such an interpretation. First, if markets are efficient, stock returns should be higher than the risk‐free rate. We find that even when CAPE is in its ninth decile, future 10‐year stock returns, on average, are higher than future returns on 10‐year U.S. Treasurys. Thus, the results are largely consistent with market efficiency. Second, consistent with a risk–return tradeoff, we find that CAPE is negatively associated with future stock market volatility.     

Is newer always better? A reinvestigation of productivity dynamics using updated PWT data

Journal of Productivity Analysis - Understanding the drivers of productivity remains one of the most sought after phenomena in economics. The ability to create produce more from less resources is...