Richtigstellung zum Artikel: „Sektorale und gesamtwirtschaftliche Beurteilung des „Carbon-Leakage“ — Problems für die Bundesrepublik Deutschland“ von Hans Georg Buttermann,Bernhard Hillebrand und Elmar Hillebrand,Zeitschrift für Energiewirtschaft 1 (2009), Seite 62 ff

Anhang

Richtigstellung zum Artikel: „Sektorale und gesamtwirtschaftliche Beurteilung des „Carbon-Leakage“ — Problems für die Bundesrepublik Deutschland“ von Hans Georg Buttermann, Bernhard Hillebrand und Elmar Hillebrand, Zeitschrift für Energiewirtschaft 1 (2009), Seite 62 ff     

Organizations Behaving Badly: When Are Discreditable Actions Likely to Damage Organizational Reputation?

Everyday there are revelations of organizations behaving in discreditable ways. Sometimes these actions result in damage to an organization’s reputation, but often they do not. In this article, we examine the question of why external stakeholders may overlook disclosed discreditable actions, even those entailing ethical breaches. Drawing on stigmatization theory, we develop a model to explain the likelihood of reputational loss following revelations of discreditable actions. The model integrates four properties of actions (perceived control, perceived certainty, perceived threat, and perceived deviance), stakeholder motivation, and media coverage. Implications for theory and for practitioners concerned with reputation management are discussed.     

Markenkommunikation 2.0 — Konsumenten formen Markenbotschaften

Zusammenfassung  Hoch involvierte Konsumenten agieren zunehmend als Sender von Markenbotschaften. Sie m?chten an markenpolitischen Fragestellungen partizipieren. Aus diesem Wunsch resultieren durch die ausgepr?gte soziale Vernetzung und die Entkopplung der Kommunikation neue Herausforderungen für die Kommunikationspolitik. Denn die konsumenteninitiierte Kommunikation birgt durchaus Gefahren, die vom Unternehmen rechtzeitig gemanagt werden sollten. Die Chance, von der Meinung ihrer Konsumenten zu profitieren, nutzen bislang noch zu wenige Unternehmen. Prof. Dr. Tobias Langner Inhaber des Lehrstuhls für Betriebswirtschaftslehre, insbesondere Marketing, an der Bergischen Universit?t Wuppertal sowie wissenschaftlicher Direktor des Instituts für Marken- und Kommunikationsforschung, Bergische Universit?t Wuppertal Dipl.-Kfm. Alexander Fischer Wissenschaftlicher Mitarbeiter am Lehrstuhl für Betriebswirtschaftslehre, insbesondere Marketing, an der Bergischen Universit?t Wuppertal     

Upper echelons and portfolio strategies of venture capital firms

In this study we analyze how the composition of the top management team (TMT) influences the portfolio strategy choice in venture capital (VC) organizations. We develop a model of risk perception to investigate how education and experience of TMT members impact whether VC organizations invest with a focus on early stage ventures or not, specialize or diversify across industries, and invest with a broad or narrow geographic scope.Evaluation of data on TMTs and portfolio strategies of 136 European VC firms revealed that VC firms with higher proportions of TMT members with science/engineering education and entrepreneurial experience more likely invest with an early stage focus. Furthermore, TMTs with more management education diversify their portfolios more across industries. Finally, the more international experience TMT members of VC organizations have, the broader the geographic scope of investees. We discuss the implications of our findings for the VC literature.     

Scientific and technical planning in the People's Republic of China

At a time when Western market economies are struggling with ways of directing and stimulating technological innovation, China, with a highly centralized system for the planning and coordination of science and technology, offers an unusual perspective on the feasibility and operations of a large-scale, national organization of scientific and technical resources. This paper describes the mechanics of the science and technology planning process in the Chinese system and then draws conclusions on a variety of pertinent issues, such as: whether or not planning is actually conducted at a macrolevel; what are the useful sources of information for scientific and technical decision making within the system; what are the motivations for doing research in China's planned economy and how do they affect the research that is done; and, in summation, does the Chinese attempt at macroscience and technology planning really work?     

Are Interventions Self Exciting?

The time pattern of official interventions on the foreign exchange market exhibits periods of intense activity followed by long spells of inaction. In this paper, we examine whether the time interval between successive intervention matters for future interventions. To capture the properties of intervention duration an ACD model is used. The data are daily observations of interventions by the Federal Reserve, the Bundesbank and the Swiss National Bank. The evidence finds that the intervention duration is highly persistent and that the hazard is time dependent.     

Efficient organization of information processing

The paper examines the application of the concept of economic efficiency to organizational issues of collective information processing in decision making. Information processing is modeled in the framework of the dynamic parallel processing model of associative computation with an endogenous setup cost of the processors. The model is extended to include the specific features of collective information processing in the team of decision makers which may lead to an error in data analysis. In such a model, the conditions for efficient organization of information processing are defined and the architecture of the efficient structures is considered. We show that specific features of collective decision making procedures require a broader framework for judging organizational efficiency than has traditionally been adopted. In particular, and contrary to the results available in economic literature, we show that there is no unique architecture for efficient information processing structures, but a number of various efficient forms. The results indicate that technological progress resulting in faster data processing (ceteris paribus) will lead to more regular information processing structures. However, if the relative cost of the delay in data analysis increases significantly, less regular structures could be efficient. Copyright © 2007 John Wiley & Sons, Ltd.