WiSt - Wirtschaftswissenschaftliches Studium

The Maastricht Treaty created the European Central Bank (ECB) as a “European Bundesbank”. Like the German central bank, it was to be independent, strive for price stability as its primary target and refrain from any form of monetising government...

Generative AI systems such as ChatGPT are increasingly replacing traditional search engines by providing summarized answers that reduce web traffic to company websites. In response, Generative Engine Optimization (GEO) aims to improve visibility...

The global minimum tax represents a major step forward in international tax policy, aiming to reduce profit shifting and tax avoidance by multinational enterprises. This article places the topic within the OECD’s “Pillar Two” framework,...

This study examines data-driven client acquisition in wealth management, applying the Technology Acceptance Model (TAM) to explore factors influencing relationship managers’ acceptance. Findings show that while data-based acquisition enhances...

Capital structure represents a key determinant of firm value. Theoretical frameworks such as the Modigliani-Miller theorem, trade-off theory, and pecking-order theory offer differing explanations for whether and how financing decisions can influence...

This article explores the impact of artificial intelligence on human resource management. It focuses on both the opportunities – such as increased efficiency, data-driven decision-making, and personalized HR processes – and the risks, including...

Global public debt has risen sharply in recent years. With the end of the low-interest-rate period, interest burdens and gross financing needs are increasing, putting the debt sustainability of many countries under pressure. Early warning indicators...

Triple Entry Accounting (TEA) extends the double entry accounting system by a tamper-proof, blockchain-based entry. Each transaction is cryptographically signed by all parties and stored in a shared, decentralised ledger, eliminating reconciliation...

ChatGPT has catapulted AI into the public consciousness as an everyday tool for everyone. Of course, AI has long since taken on many other tasks – in areas with clearly defined processes, but also in those that require knowledge and creativity....

Selecting a suitable financial architecture has a significant impact on the success of the company. A high equity share improves the rating, ensures low (fixed) interest expenses and at the same time makes it more difficult to achieve a high return...

Mark Casson’s approach belongs to the neoinstitutionalist theory because of the inclusion of information asymmetries and transaction costs. According to his understanding, the entrepreneur uses the knowledge advantage, which is subjectively...

Risks can occur in different forms and on different scales. In order to assess and control these risks, companies and public organisations require appropriate risk management. Risk controlling is an important component of risk management. As a risk...

The Maastricht Treaty created the European Central Bank (ECB) as a „European Bundesbank”. Like the German central bank, it was to be independent, strive for price stability as its primary target and refrain from any form of monetising government...

In research and practice of innovation management, there is a growing interest in integrating artificial intelligence (AI). With its ability to recognize patterns, generate forecasts, and mimic human logic, it has the potential to fundamentally...

The latest amendments to the Basic Law mark a profound change in German fiscal policy. They expand the scope for public spending, thereby addressing the considerable investment needs in infrastructure, climate protection and transformation. At the...

The article describes potential development paths for Private Equity in North America and Europe. Based on economic growth, access to equity and interest rate levels, three potential scenarios are identified: Remain on lower activity levels...

The Omnibus-Policy stopped the implementation of the mandatory sustainability reporting in the European Union, which was scheduled to begin in 2025. It will start two years later and will include less companies. This is an answer to the apprehension...

AI has become a key technology that benefits companies of all sizes: it automates routine tasks, analyzes large volumes of data, and supports decisionmaking – capabilities far beyond human capacity. Those who master AI, especially targeted prompt...

With the introduction of tariffs, U.S. President Donald Trump threatens to revolutionize global trade. At the same time, he is announcing the „Big, Beautiful Bill” – a tax and spending program projected to increase U.S. national debt by $2.6...

The European Packaging and Packaging Waste Regulation (PPWR) came into force on 11 February 2025. However, the provisions of the regulation will not apply until 12 August 2026. The aim of the regulation is to reduce packaging waste, harmonize...