Was müssen Führungskräfte können?

Ethics Education complements business administration only if it teaches strategic competencies that help managers to become better leaders. To this end, this article sketches an ordonomic approach to an economic ethics for competitive markets, to a business ethics for firms (corporate citizens), and to a process ethics for new governance. The core idea of this ordonomic approach is the win-win concept of mutually beneficial value creation. Thus, ordonomics is compatible with the market economy and at the same time supplements the management education in business schools: This approach systematically identifies strategic competencies that enable managers to display the kind of entrepreneurial leadership that is necessary for firms to fulfill their social function of value creation—by making use of moral commitments as a factor of production.     

Erosion handelsrechtlicher GoB durch das Bilanzrechtsmodernisierungsgesetz

The Accounting Law Modernization Act (BilMoG) aims at harmonizing two basic attitudes that are irreconcilable in the first place: On the one hand the local German GAAP, which are driven by creditor protection, the principle of prudence as well as objective limitations; on the other hand international accounting standards (IFRS), which focus on information tasks. The option to capitalise certain intangible fixed assets that have not been acquired from a third party, leads to a de-objectification of the balance sheet that has to be rejected as being too hazardous. Furthermore, the introduction of fair-value accounting for financial instruments acquired for trading purposes has to be rejected due to a breach of the realisation principle. The primary legal purpose of the balance sheet, the prudent determination of distributable profits on the basis of turnover, would be jeopardized. The desire for information on investment in intangible assets as well as the (alleged) increase in value of financial instruments should rather be displayed in the notes to the financial statements.     

How new leaders affect strategic change following a succession event: A critical review of the literature

In this study we review literature on leaders' impact on strategic change in the context of CEO succession events. We critically examine the progress made by research within the field focusing on four questions: WHY, WHAT, HOW, and WHEN. WHY addresses the theoretical arguments put forth in the literature to explain the phenomenon of post-succession strategic change. WHAT addresses the contingency factors that have been argued to affect leaders' impact on strategic change in succession contexts. HOW addresses the way, in which strategic change manifests itself within firms. Finally, WHEN addresses the temporal dimension of strategic change. Overall, we find that although research on the leadership succession strategic change (LSSC) relationship is immature with attention being focused on only few theoretical explanations and research questions, it is indeed evolving. We find need for improvements to theory, research questions pursued, and methodology and offer several opportunities to extend the literature along these needs.     

Parent–Child Proximity: Automatic Cognitions Matter

Individuals’ moving behavior (e.g., residential mobility) is an emerging topic in many scientific disciplines. One specific aspect is the distance between parents and their children (i.e., parent–child proximity). Although determinants and moderators of parent–child proximity can be manifold, we concentrated on the psychological concepts self-esteem and affect by assessing explicit (i.e., conscious) and implicit (i.e., automatic) aspects. Besides well-known correlates of moving behavior (e.g., education), we found that participants (N = 1,765; cross-sectional design) with high positive explicit affect and low negative implicit affect moved further away from their parents’ homes. Therefore, parent–child proximity may not be only based on fundamental sociocultural and socioeconomic needs (e.g., income, family bonds), but also on automatic psychological aspects, such as implicit affect.     

Processing Institutional Change in Public Service Provision

With the proliferation of New Public Management (NPM) worldwide, public service providing agencies are increasingly expected to operate in a business-like manner and exposed to ‘competing institutional logics’. Exploring the German hospital sector, this article shows that this is processed within two areas of collective action simultaneously: at enterprise-level and at the regulatory infrastructure of the organizational field. In both places, ‘institutional work’ takes place, albeit differently. With emerging tensions, trial-and-error strategies (deployed by individual hospitals) and mitigating (regulatory) measures engender a nervous cohabitation of the two logics, endangering potentially the sector’s public mission in the long term.     

Analyzing multilevel data with QCA: a straightforward procedure

The social sciences are witnessing a growing body of multilevel theories and debates about the proper methodological tools for the analysis of multilevel data. In a recent contribution to this journal, multilevel Qualitative Comparative Analysis (QCA) was proposed as a new methodological tool for discerning set-relational patterns in multilevel data. I argue that the presentation of multilevel QCA is erroneous in two respects. First, multilevel QCA ignores the fact that equifinal solutions entail diversity and therefore leads one to overestimate the complexity of QCA solutions. Second, the ordinary minimization procedure of truth tables that contain multilevel data yields the same solutions as multilevel QCA, but is much easier to implement. I conclude that the established inventory of QCA does not need to be extended by a special multilevel approach.     

Invarianzeigenschaften statistischer Maßzahlen für ordinalskalierte Merkmale

Invariance properties play an important role in statistics. But there exist a lot of invariance concepts partially motivated by a criterion of meaningfulness of quantitative relations (see Suppes [1959] or Pfanzagl [1971]). If the values of a function are equal for two distinct arguments and this equality is invariant with respect to a group of transformations we call the function comparison-invariant. If the value of a function does not change the function will be called absolute-invariant. We want to show by group-theoretic means that statistical functions comparison-invariant with respect to the group of the increasing, continuous transformations on R necessarily possess the stronger property of absolute-invariance. This result has several consequences for the possibility of constructing statistical functions for ordinal data.     

Identity Work and Emotions: A Review

This paper reviews the empirical literature on identity work and identifies two distinct approaches to incorporating emotion. The majority of empirical studies use emotion to describe the experiences of identity work. In doing so, the authors (a) mention the emotions that people feel in situations that trigger identity work, (b) illustrate identity work as an emotional endeavour, and (c) describe the emotional impact of successful and unsuccessful identity work. There is also an emerging literature that examines the mutual constitution of emotions and identity work. These authors address emotional labour, affective social identification, emotional attachment and detachment, and humour when studying identity work. This paper suggests that, to understand better the relation between emotions and identity work, future research should examine the role of emotions in problematizing identity, the emotional constitution of the identity work experience, the intersection of emotions and other ways of knowing the self, and the links between emotions and power in identity work.