DO WOMEN MANAGE SMALLER FUNDS?

Based on a sample of 467 asset managers from four countries we robustly find that women manage smaller funds than men, despite tough competition in this industry. Interestingly, the gender gap exists only for managers of smaller funds, i.e. at the lower end of the hierarchy, as quantile regressions show. This is inconsistent with the glass ceiling hypothesis. Going further, this gender gap is limited to large firms. Explanations may refer to large firms using market power in the area of smaller funds or to ‘visibility’ among top asset managers protecting against unequal treatment of the sexes.     

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Vertrauen in Public Relations

When PR research addresses trust, the perspective that PR provides trust in organizations dominates in most cases. For PR to successfully providing trust, trust in PR seems to be a central condition. This applies to its relations to journalism as well as to its relations to other organisational environments. Since the motives behind PR as strategic communication usually arouse suspicion, trust in PR tends to be improbable. Trust in PR has been an unobserved subject in PR research so far. Thus, this paper will develop, on a systems-theoretic and non-dualistic approach, a theoretic understanding of trust in PR. After discussing the present state of research regarding the subject of trust and PR, the paper will briefly introduce the theoretic basis of PR and trust, in order to develop in the following a new theoretic perspective for trust in PR. In this context, internal and external trust in PR will have to be differentiated.     

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An increased focus on operational performance and the reliance on fewer suppliers by industrial customers call for a higher quality of buyer-seller relationships.This article elaborates on economic explanations for value generated partnerships and describes the distinctive qualities of partnerships as something more than ordinary customer relationships. Particular attention is paid to the managerial implications and pitfalls awaiting companies when pursuing a partnership approach and a definition of vertical partnerships is provided.     

Reassessment of cross-impact analysis

Five problems in cross-impact methodology are discussed, solutions are proposed, and a simple illustrative case is provided. The problems are lack of commutativity, probabilistic imbalances, double counting of impacts, linearity, and two-dimensionality.     

Interaktives Fernsehen als Problem in der Diffusionsforschung

The suppliers of new television services welcome the digitalization of television in Germany because it may boost the establishing of interactive television and open up new business options. So far research into the potential of such services has yielded mixed results. However, most studies so far have only investigated the general intention to adopt new services and did not regard real adoption. Moreover all German studies follow a strict cross-sectional design and are therefore unable to detect the dynamics of the process of diffusion. We combine data on the adoption of new services from a longitudinal study with data from a quasi-experimental design in order to dig deeper into the dynamics of the diffusion of innovations in the television sector. We identify key events – besides other well-known influences – as crucial factors in the process of the diffusion of media innovations. Key events alter the process by activating the communication about innovations.