With its concept of linking theoretical claim with practical relevance in high-quality contributions Die Unternehmung counts as one of the leading German journals in the field of Business Administration. It covers all core subjects of business administration (e.g. marketing, accounting/controlling, organisation and corporate governance) as well as includes more recent fields such as technology and innovation management, logistics, and supply chain management. Die Unternehmung disseminates new academic insights, spotlights interesting problems from practice, presents academically profound solutions for practice, and generally encourages an exchange between science and practice. Website: www.unternehmung.nomos.de
The scientific journal DIE UNTERNEHMUNG is entering its 75th year. The article shows the foundation of the journal in 1947 and the personnel continuity over decades by professors from Swiss universities. The founding document points out the special...
The goal of politics is to enable people to live in dignity and prosperity. Science is indispensable for achieving this goal. But it cannot relieve those responsible for politics of their responsibility, because politics must take into account not...
Intellectuals are the most lively species declared dead multiple times in intellectual history. Especially in academia, their time seemed to have passed with the ubiquity of experts. Now, with the rise of economic inequality, social tensions and...
For the last few decades the economic sciences have experienced a so-called empirical turn. The essay appreciates this change and highlights three dangers that come with it, namely the trends towards comformity, the uncritical confidence in the...
This essay takes a brief stock of the progress in the transformation of business research toward tackling the grand challenges and solving many wicked problems facing business and society today. Efforts are underway in journals, schools, academic...
The field of business administration and management studies has to face up to the major societal and ecological challenges and make contributions to overcoming them. So far, it has not done so to a sufficient degree. Starting from the question of...
Management research and business practice form separate provinces of meaning for social interaction that have only limited overlaps. Members from one province feel called to enlighten those of the other province. Occasionally, they take note of such...
Big Data is on the rise - and the possibilities for research seem endless. The enormous amounts of data allow analyses that were not imaginable in the past. However, serious problems can arise when causal relationships are proposed based on...
With the shareholder value approach, extremely differentiated target systems also found their way into practice. Top quantitative targets for the enterprise value, such as sales growth or the EBIT margin, were broken down into subordinate target...
The near-meltdown of the financial system in the global financial crisis of 2008 raises the question whether the system is sturdily designed or only suitable in “fair weather conditions”. This article highlights critical components of the...
Recent corporate fraud cases question why they still occur despite substantial efforts in auditing and regulation. This essay points out that corporate fraud should not be countered one-sidedly with stricter control and liability for auditors. The...
Corporate governance deals with the principal agent problem among a firm’s investors, entrepreneur, and management. In this setting, corporate governance mechanisms are designed to minimize the agency costs and incorporate further stakeholders’...
When appointing executives, elaborate selection procedures are usually used, in which performance criteria are to be applied. We point out some weaknesses in this process, in particular the risk of hubris among executives and the leaky pipeline for...
The boni paid to chief officers in firms attained dimensions which stir public interest and which underline the problem of “principal and agent” anew. Die beneficiaries and the deciders on those boni do not enter into a market exchange, but have...
The institution of a single CEO (Chief Executive Officer) has significant weaknesses. The CEO's interests diverge from those of the owners and their representants as well as other top managers. Assigning so much power to a single person is risky....
In the past, budgeting was a key management practice in companies. However, budgeting has been criticised for almost as long as it has existed: it is too costly, too cumbersome, it causes numerous negative behavioural effects, and much more, which...
Marketing has become accepted and proven in science and practice over the last decades. Many principles of marketing have become self-evident, but have led to a lot of generalizations and simplified thought patterns. This article examines selected...
The extreme situation caused by the coronavirus pandemic is changing the world of work: how and where we will work in the future, exchange ideas and develop new ones, organize meetings, lead teams, coordinate and cooperate with each other. Remote...
We want to push the mobility transition with our independent start up e.GO Mobile. Is it possible in Europe, that a startup could succeed in that overregulated capital intense deep tech car manufacture´s business? Could a Newcomer overcome these...