Warum es kaum Pensionsfonds in Deutschland gibt. Kapitalmarktrisiken,Finanzindustrie und die Politik der Mindestverzinsung

Studies of the rise of private defined-contribution pension plans have traditionally focused on social policy concerns about the allocation of risks and costs for beneficiaries and employers. There is however another dimension of pension privatization, which situates it in the context of financial markets and—more broadly—the economic system. Here, regulations forcing private pension providers to guarantee a minimum rate of return on individuals’ pension assets make a crucial difference for financial markets because they incentivize fund managers to invest a greater chunk of plan portfolios in fixed-income securities and therefore away from equities. While different segments of the financial industry have divergent preferences over minimum return guarantees, politicians are caught in a dilemma: Should they prioritize predictable benefit levels or the development of equity markets? Using the case of the introduction of the German Riester Rente, we argue that, as politicians linked the introduction of private defined-contribution plans with cuts in statutory pensions, insurance firms in coalition with trade unions insisted on minimum guarantees, thereby restricting the expansion of equity markets in Germany.     

Führungskräfte auf dem Meditationskissen – eine Investition in die Führungskultur bei Bosch

As a result of our fast paced working environment managers are constantly faced with high requirements, which leads to a high stress load. These can impact their professional and individual achievements negatively. The following practice case is illuminating “mindfulness” which plays a highly decisive role in facing these challenges. In the automotive electronics (AE) division at Bosch interventions have been developed, in which “mindfulness” is in the focus. In this case, concrete topics of the interventions are examined, as well as questions about how and why this procedure is useful. The results of the evaluation show, that even when requirements remain high, the perceived stress level of each individual participant is reduced. Moreover we observe an increase in the ability to concentrate and in productivity.     

Sequentielles Mixed-Methods-Sampling: Wie quantitative Sekundärdaten qualitative Stichprobenpläne und theoretisches Sampling unterstützen können

Mixed methods sampling has played a minor role in methodological discussions so far. In particular, there is a lack of information about practical implementations and critical reflections of sampling decisions and sampling steps showing the benefits and challenges of different approaches. Therefore, this paper demonstrates by drawing on an empirical example, how quantitative secondary data analysis (German Socio-Economic Panel, Linked Employer-Employee Data, Employment History) can support the empirically informed formation of contrast groups for qualitative sampling plans as well as field access to these contrast groups. Furthermore, the article will show how an additional theoretical sampling can extend the empirically grounded composition of contrast groups and can build upon the quantitative secondary data. The discussion is based on a project with an explanatory sequential research design which combines quantitative secondary analysis with subsequent expert interviews with human resources managers in companies and narrative interviews with employees. The project focusses on the causes, practices, and consequences of employment relationships with an interrupted membership in the same employing organization (“recalls”).     

Karrieren nach der Rente: Karriere- und Arbeitsvorstellungen von arbeitenden Rentner*innen

The employment rate of German older workers has rapidly risen in the last 15 years. The steepest increase was found among those older than 65. The number of these working pensioners has more than doubled between 2000 and 2015. However only little gerontological and psychological research on working pensioners can be found. Companies and human resources managers seem rather unprepared, as almost no organisational career and development models exist for this group. Based on data from the survey “Transitions and Old Age Potential: Übergänge und Alternspotenziale (TOP)” the article at hand investigates older workers (age 50–65), attitudes towards potentially working in retirement. The results show that about half of the respondents consider working in addition to receiving a pension. However, they prefer part-time employment with on average 20?hours a week over full-time employment. In addition, this article discusses how the preference of this employment group fits with existing career models. We find that there is not one but several career models for working pensioners that human resource strategies should be mindful of.     

Emergente Teamphänomene – Warum sich Erfolge eines Teams nicht einfach kopieren lassen

Analyzing emergent team phenomena carries the potential to extend previous research findings. However, team phenomena – such as team cognitions and team emotions – do not make research easier. They are difficult to observe, do not follow a clear course, and can only be measured and shaped indirectly. Nonetheless, they offer new perspectives on a more multi-faceted and realistic world, which leads to many new interesting research questions and makes current knowledge appear in a different light. The moments of surprise and unexpected developments characterize teams and make them worthwhile objects of study. Since not all aspects of a team can be measured entirely, managing team dynamics is a demanding as well as essential challenge for adaptable and learning organizations.     

Zentrum und Peripherie im globalen Wissenschaftssystem

We use an experimental design to analyse the effect of symbolic capital of a nation’s higher education system and of single universities on students’ opportunities for international mobility. Fake applications of international doctoral students were sent to German sociology professors, who were asked to serve as supervisors during a research visit in Germany. Our fake applicants come from four different universities: Yale, Pennsylvania State University, National University Singapore, and Vietnam National University Hanoi. The results show that applicants from both US institutions get more positive, more informative and more personal feedback than applicants from Singapore and Vietnam. Moreover, the symbolic capital of a university seems more important than the quality of a specific department, which is problematic in normative terms.     

Dualismus oder Reduktion – Eine Antwort auf Gregor Bongaerts

Gregor Bongaerts (2016b) has objected to my criticism of arguments in favor of a non-reductive sociology (both articles in this journal) and my proposal of a reductive individualism more generally. This contribution defends reductive individualism as a viable program in social theory. Bongaerts’s main objection, that I do not distinguish sufficiently between creation (Urheberschaft) and causation (Verursachung), can only be understood as an objection if one conceives the social sense of an action as an irreducible collective concept. Although this possibility cannot be excluded a priori, it poses a number of fundamental challenges. Firstly, it has to be asked whether or not this position can be connected with a realization proviso (that everything social is ultimately realized by individuals). Secondly, the attribution argument used by Bongaerts is either no objection to individualism, or it is threatened by a logical regress, since it is not plausible that subsequent interpretations of an action can produce the subjective meaning related to action. Finally, the question arises whether a collectivist argument does not require a collective bearer of meaning-attribution, the existence of which can hardly be asserted within the framework of a practice theory inspired by Bourdieu. The essay ends with some questions, especially with regard to the multi-dimensionality and unity of Bongaerts’s concept of meaning (Sinn).     

Elternzeit von Vätern als Verhandlungssache in Partnerschaften

Despite a rising participation of fathers in taking parental leave, the higher proportion of this time is still used by mothers. What are the reasons and what combination within partnerships supports or prevents fathers from taking parental leave? The distribution of economic resources, family orientation and, occupational frameworks among the partners prior to the birth of their first child effect the use of fathers’ parental leave. The utilisation of multinominal logistic regression has shown the probabilities for fathers taking 1) more than two months, 2) only one or two months, or 3) no parental leave. The analysis focuses on dual-income couples and is based on an online-survey of the DZHW-graduate panel studies cohort 2001 surveyed in 2012. A higher income of the father as well as a more supportive job environment for his partner and a higher family orientation of his partner are negatively correlated with the probability of parental leave. Supportive factors are a higher family orientation of the father himself and the parental leave rules from 2007.     

Kulturwandel im Geldgeschäft? Potenziale einer ethischen Selbsterneuerung im Banken- und Finanzwesen

Following the financial crisis in 2008 a debate about the social benefit of the financial industry, which operates without considering its real-economic consequences, was initiated. The financial industry responded by offering strategies of cultural change (“Kulturwandel”) which foster a more socially responsible financial practice. At the same time the expansion of “ethical” banks aims to establish a banking business avoiding negative externalities of the banking sector. Following the conceptual assumptions of the sociology of critique we study the collectively shared interpretation of a “good” and legitimate financial practice beyond publicly communicated standards of practice. Against this backdrop we evaluate the potentials of normative self-regulation in banking and finance. Our results show that cultural or ethical change is only partly feasible if it exclusively focuses the motives, values and personalities of the individual subjects but neglects the structural as well as institutional conditions of a “good” financial practice.     

WE WANT MORE – WE ARE MORE

Impressed with the current migration in Europe and the connected socio-political and civil-societal challenges, we examine the question which contribution group-dynamic learning forms and its paradigms can raise awareness for a shared created future. Group dynamics understands itself as a place of practical philosophy, as intervention per se, where collectives can emancipate and participation should become alive. The origin of this idea is the examination with the unknown, the differences and the linked questioning of subjective truths, feelings and convictions. The connection between individual as well as collective self-enlightenment processes and the competence extension dealing with personal, cultural, moral, social etc. boundaries.We focus on the emotional effects (uncertainty and fear as a side effect of migration) as well as the theoretical background of the unknown and discuss the sense and the possibilities of participative-designed intervention forms of knowledge creation. Taking into account that several issues of collaboration for a shared future cannot be solved without the people concerned, we examine why we are “more”, why we want “more” and from what we will need “more”.     

Konfundierte Ergebnisse durch ein zu stark beschränktes Design?

Recently C. Czymara and A. Schmidt-Catran published in this journal (KZfSS 2016 (2)) a factorial Survey-Experiment to contribute to the current debate on the inflow of refugees in Germany. The authors concluded from their Survey-Experiment that in particular highly qualified immigrants who show little culture distance should get accepted in Germany, while for instance Muslim immigrants would be more strongly rejected. In this comment it is argued that authors’ results probably suffered from a strong confounder bias. The employed experimental design also allows for a lot of alternative interpretations. Therefore, readers of the original article or further users of the data should be more cautious when interpreting the results.     

Die politische Dimension der sozialen Form

In an increasingly heterogeneous society, learning at school about religions and religious differences is becoming more and more important. However, individual approaches differ distinctly. Besides common educational approaches we mainly find ones specially designed for religiously homogenous groups. The chosen form, however, is not without consequences and therefore already politically relevant. The allocation into religiously homogeneous groups draws a boundary between inclusion and exclusion, thus indicating commonalities as well as differences. Focusing on John Dewey’s democratic considerations and with reference to a current research project the paper discusses the consequences of limiting social interaction, common experiences and learning processes to separate forms of religious instruction in Austrian public schools. In doing so, it analyses and discusses the challenges of such an approach and its consequences for education in democracy in a pluralistic society.     

Der lange Arm der Bildungsexpansion: Die Bedeutung zunehmender elterlicher Bildungsressourcen für die Bildungsbeteiligung von Frauen in Deutschland

The study combines survey data from the German General Social Survey (ALLBUS) and the German Socio-Economic Panel (GS?O?E?P) to address the role of changing parental resources in explaining the long-run historical trend of women’s rising educational attainment in Germany. For West German cohorts, the analysis suggests a distinction between two historical periods: a first one for birth cohorts up until the mid-1960s, when daughters’ educational attainment increased uniformly across all social strata, and a second period among women from younger birth cohorts, for whom all observable change in educational attainment can be explained as a pure compositional effect due to rising levels of parental resources. Rising educational attainment among East German cohorts has followed a more complex historical pattern, however, as women first benefitted from rapid educational expansion and the equalization of educational opportunity during the first two decades of the GDR. With educational policies reversed since the 1970s, East German women saw their educational progress stalled, and class-specific educational attainment actually in decline up until the point of German reunification. With reunification, women’s educational attainment increased sharply, but, as among Western cohorts, mostly as a reflection of the growth of parents’ private resources. In both parts of Germany, parental education rather than class has been the key factor at the family level, and increasingly so the rising education of mothers.     

Virtuelle Arbeitsstrukturen durch Vertrauen,Zeitkompetenz und Prozessfeedback fördern

The article in the journal Gruppe. Interaktion. Organisation (GIO) deals with challenges of virtual structures of cooperation and of the team. It focuses especially on effects of personal characteristics, individual competence and team competence on team work and team performance in particular. Apparently, trust emerges in a different way in virtual working structures than in face-to-face teams. The discussion of the term ?trust‘ leads to a broader understanding of the development of trust and its importance, which helps to classify it in a process. Time competence is classified as particularly relevant to the emergence of trust, as teamwork becomes more flexible and team members take higher responsibilities than in face-to-face-teams. Control and responsibility move towards the members of the team, which in turn corresponds with a necessity for trust. Consequently, process feedback and transformational leadership can be identified as recommendable instruments for the enhancement of time competence and trust, which can lead to better team play. When taking a closer look at the role of leaders and team members in virtual environments, it becomes clear that reciprocity cannot be taken for granted in virtual teams. Differences in team structure as well as differing priorities in team goals throughout the team are similarly important as the frequency of contacts, the availability and reliability, or trustworthiness, of the individual team members.     

Die Finanzialisierung von Unternehmen

Since the 1990s the financialization of the enterprise is an increasingly important aspect of capitalist development also in Germany. However, more recently a growing number of scholars point at a problematic conceptual stretching of financialization. The term has been defined too differently and ambiguously and has not been distinguished sufficiently from seemingly similar concepts. Financialization has been prematurely identified with a set of fixed effects often condensed to stagist concepts of capitalist development. When analyzing effects financialization has been regarded in isolation without considering interaction effects with other structurations of fields and hence the multi-referentiality of the enterprise. In order to overcome these shortcomings the article proposes a concept for the analysis of firm level financialization which draws on a more general sociological concept of field structuration and dynamics in which the “multi-referential enterprise” operates. Based on this concept the article analyses episodes of financialization in Germany showing its dynamics and limits. Financialization of enterprises proves to be structurally limited, institutionally contested, and unfolds its effects in deferent actor constellations at firm level due to its multiple and contradictory embeddedness.     

Datenanalyse in der Mixed-Methods-Forschung

This article discusses data analysis in mixed methods approaches. The challenge of integration during the stage of analysis has recently become a main point of the discourse on mixed methods that for more than a decade had been centered on topics of research design and compatibility of paradigms. The article focuses on key aspects of integration strategies as well as on points of the integration, which depend largely on the research design of the project. Ten different integration strategies in three areas are presented in detail, namely result-based, data-based and sequence-oriented integration strategies. Joint displays, which jointly present data and/or results of the qualitative and the quantitative research strands a particularly important.     

Neue Heimat Vorstandsteam? Eine Frau wird Mitglied im Unternehmensvorstand

The article is based on interviews of board members of German companies as part of a study conducted by the Bertelsmann Foundation. It examines the question how the sole female members tried to make themselves influential in the team. To succeed in making top management teams more diverse it is not enough to appoint a woman to a Board of Directors. She will only stay and contribute meaningfully if she is respected and can be influential. Considering the homogenity and exclusivity of German Boards this is no easy task. Also considered are obstacles and supporting conditions of the organisational context.