Multi-channel-retailing und kundenbezogene erfolgsrechnung

Die Kombination von Online-Shops, station?ren Gesch?ften und Versandkatalogen versetzt den Einzelh?ndler in die Lage, seine Kunden an unterschiedlichen Orten zu unterschiedlichen Zeiten zu erreichen. Die Bearbeitung des Marktes mit m?glichst vielen Kan?len kann der Schlüssel zum Erfolg sein. Wissen die Multi-Channel-Retailer aber tats?chlich, welche Kan?le ihre Kunden nutzen und welche Kunden welchen Deckungsbeitrag liefern? Kann es sein, dass bestimmte Kunden nur oder überwiegend den elektronischen Kanal nutzen und mehr Handlungskosten als Rohertr?ge verursachen? Antworten hierauf bietet die kundenbezogene Erfolgsrechnung.     

Macro-logistics and externality cost trends in South Africa – underscoring the sustainability imperative

The challenges facing the logistics industry in a fossil fuel-challenged global economy are highlighted by transportation's rising contribution to logistics costs, as evidenced in the USA's and South Africa's logistics costs time series, the two longest-running such series available globally. The anticipated persistence of rising, volatile oil prices and mounting pressure to account for externalities will exacerbate the increase in transport costs (TCs). The results of South Africa's externality cost model show that transport externalities add an additional 18% to already high TCs. In the South African context, the equally largest contributors to freight transport externalities are accidents involving road freight vehicles and road freight emissions. The visibility of these costs is the first step towards internalisation and illustrates the desirability of a fundamental shift in the structure of the South African freight transport industry through the introduction of long-distance intermodal solutions.     

In Memoriam

Rotterdam, April 1874.     

The crisis of Japanese retailing at the turn of the millennium: a crisis of corporate governance and finance

The year 2000 saw a sudden rise in failures of prominent Japanese retailers. With problems of corporate finance and governance being pointed out as early as the 1970s, the recent problems as well as the continuous rise of companies up to then have to be explained. This article contends that a major explanatory factor is the weakening of the existing stable relationships between retailers and financial institutions. Banks functioned as lenders, shareholders and providers of management resources. Changes in the banking sector led to changes in the relationship at the end of the 1990s. Problems in corporate governance surfaced that might result in a major reorganization of the Japanese retail scene.     

Die Innovationsfähigkeit deutscher Metropolregionen — ein Vergleich

Within the article, new key findings on the innovation capability of the largest metropolitan areas in Germany are presented. One result is that the innovation capability is relatively heterogeneously distributed among the metropolitan areas. Munich possesses an enormous lead in innovation, and is one of the most innovative regions in Germany. Compared to Munich, the metropolitan areas of Berlin Brandenburg and Hamburg possess an underdeveloped innovation capability. However, through its capital function, Berlin-Brandenburg, has an excellent potential to catch up. Nevertheless, the metropolitan areas have still a long way ahead to develop their regional innovation profile and to close in the gap with the Munich region.     

Mutual Gains? Health‐Related HRM,Collective Well‐Being and Organizational Performance

Research on the effects of HR management on employees’ psychological well‐being has yielded inconclusive results. Moreover, prior works remain unclear on whether human resource practices specifically aimed at enhancing employee well‐being also benefit organizational performance. Building on signaling theory and conservation of resources theory, our study investigates the relationship between health‐related human resource management (HHRM), employees’ collective well‐being (in terms of collective emotional exhaustion and collective engagement) and organizational performance. Results from a multi‐source field study of top management team members, HR representatives, and 15,952 employees in 88 organizations reveal a positive indirect relationship between HHRM and employees’ collective well‐being, which is mediated by employees’ positive stress mindset. In addition, we find this positive indirect association to depend on the level of transformational leadership climate in organizations. Finally, our findings also show a positive indirect relationship between HHRM and company performance, mediated by employees’ positive stress mindset and collective engagement.     

Einfluss des Klimawandels auf die deutsche Energieversorgung

German energy supply faces a fundamental and long-term change. By the middle of the century, greenhouse gas emissions will have been greatly reduced and the global climate will start to change in a visible manner. In order to determine and to quantify the physical impacts of climate change on energy supply, a climate risk indicator for the energy industry based on a series of expert interviews has been developed. Climate change-induced risks will slightly outweigh the opportunities. The restructuring of the energy system has only minor effects, because the risks inherent to non-renewable energies, in particular those related to cooling water, are replaced by new risks, especially deriving from the use of biomass.     

Why Young Boys Stumble: Early Tracking,Age and Gender Bias in the German School System

Abstract. After primary school, German pupils are given a secondary school track recommendation. This recommendation and the actual track choice are strongly associated with later life outcomes. Using data from the German PISA 2000 extension study, we analyze the effect of relative age on track recommendations and actual choice. Younger pupils and boys are less likely to be recommended to and enrolled in the academic track (Gymnasium), the most attractive track in terms of later life outcomes. Flexible enrollment and grade retention partly offset these effects. We find no convincing evidence that postponing the recommendation by lengthening primary school by 2 years reduces the age or gender bias.     

Equilibrium Pricing and Optimal Hedging in Electricity Forward Markets

Spot power prices are volatile and since electricity cannot be economically stored, familiar arbitrage-based methods are not applicable for pricing power derivative contracts. This paper presents an equilibrium model implying that the forward power price is a downward biased predictor of the future spot price if expected power demand is low and demand risk is moderate. However, the equilibrium forward premium increases when either expected demand or demand variance is high, because of positive skewness in the spot power price distribution. Preliminary empirical evidence indicates that the premium in forward power prices is greatest during the summer months.