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Aufsatz
Digital transformation: What we have learned (thus far) and what is next
(2021-01-06)
There is certainly a lot of discussion about digital technologies, their transformative nature, and their potentially disruptive impact on business and society. The number of publications on digital technologies and their impact on business and management have risen dramatically. This paper's main objective is to draw attention to practical and research-related views on what we know and what we still need to learn about business and management in the digital era. We do so by combining the insights obtained from ...
Aufsatz
Business model innovation in strategic alliances: a multi‐layer perspective
(2020-04-17)
Business model innovation (BMI) has recently become a topic of interest for research as well as corporate practice. However, we lack specific insights into actors, drivers, and different forms of BMI as the concept is by now mainly addressed in a very general way. In this paper, we analyze how BMI takes place in strategic alliances with the focus of enhancing the recent knowledge about BMI by developing a concept that links firm‐level BMI with alliance‐driven innovation of business models. Against the background of ...
Aufsatz
The Phantom of the ‘Responsible Consumer’: Unmasking the Intention–Action Gap with an Indirect Questioning Technique
(2021-12-03)
The intention-action gap stands out in research on sustainable consumption for decades. The current research explores the role of socially desirable responding (SDR) in the appearance of this gap by utilising an indirect questioning technique. Two online experiments (n=306 and n=334) demonstrate, in line with most market surveys, that consumers present themselves as highly responsible when being assessed with the standard survey measurement approach (i.e., direct questioning). However, the responses of participants ...
Aufsatz
IMF‐World Bank Cooperation Before and After the Global Financial Crisis
(2019-12-29)
This article adopts a diachronic view to compare patterns of institutional evolution of cooperation between the International Monetary Fund (IMF or Fund) and the World Bank (or Bank) before and after the global financial crisis. While the rules for Fund‐Bank cooperation had typically been tightened in response to crisis episodes, on balance they were loosened in the wake of the global financial crisis. Building on over 90 semi‐structured expert interviews and relevant official documentation, I argue that this new ...
Aufsatz
The Role of Institutional Uncertainty for Social Sustainability of Companies and Supply Chains
(2020-04-06)
Global sourcing largely occurs from so-called emerging markets and developing economies (EMDEs). In these contexts, substantial leverage effects for sustainability in supply chains (SCs) can be expected by reducing adverse impacts on society and minimising related risks. For this ethical end, an adequate understanding of the respective sourcing contexts is fundamental. This case study of South Africa’s (SA) mining sector uses institutional theory and the notion of institutional uncertainty to empirically analyse the ...
Aufsatz
Investment Barriers and Labeling Schemes for Socially Responsible Investments
(2020-02-21)
Given the increasing role of socially responsible investing (SRI), but still limited participation of individual (i.e. small, retail) investors, the objective of this study is twofold: (i) We aim to identify investment barriers regarding SRI for individual investors and analyze to what extent these barriers vary across different investor groups. (ii) We analyze to what extent sustainability or transparency labels can help to overcome these barriers. To this end, we empirically analyze data from a survey and a stated ...
Aufsatz
The financialization of remittances and the individualization of development: A new power geometry of global development
(2021-08-23)
The article argues that the increasing financialization of remittances produces an enormous shift in the political economy of development and contributes to a new power geometry of development. Exploring this power geometry, the article focuses on three main issues: First, migrants intend to support their friends and families on an individual level as remittance senders, and together with the corresponding recipients they form a translocal moral economy. On a macro level, the value of these transactions is high when ...
Aufsatz
ESG Disclosure and Idiosyncratic Risk in Initial Public Offerings
(2021-06-01)
Although legitimacy theory provides strong arguments that environmental, social and governance (ESG) disclosure and performance can help mitigate firm-specific (idiosyncratic) risks, this relationship has been repeatedly challenged by conceptual arguments, such as ‘transparency fallacy’ or ‘impression management’, and mixed empirical evidence. Therefore, we investigate this relationship in the revelatory case of initial public offerings (IPOs), which represent the first sale of common stock to the wider public. IPOs ...
Aufsatz
Societal Evaluation of Bioeconomy Scenarios for Germany
(2022-05-05)
Transitioning to a bio-based economy is widely perceived as a necessary way to tackle climate change and other key environmental challenges. Given the major socio-economic consequences that such a transition entails for people’s everyday lives, it is crucial to take account of citizens’ perceptions and levels of acceptance of these changes. This study applies a holistic approach to gain an understanding of how citizens in Germany assess possible developments associated with transitioning to a bioeconomy. We developed ...
Aufsatz
Romance and the ozone layer: panel evidence on green behavior in couples
(2022-02-03)
The exploration of the drivers of interpersonal alignment processes in romantic partners is particularly relevant to policies that promote green behavior because social anchoring in families and relationships can undermine effective behavioral change. The present paper aims to investigate the role important life events, such as childbirth, marriage, and the acquisition of real estate, in explaining the alignment of pro-environmental behavior within couples over time. The adoption of a life-course perspective is a ...