As an increasing number of large corporations branch out into many fields of industry, public concern over the lateral extension of their power is aroused. Arguing that entry by large firms into concentrated industries may instead stimulate competition, Charles H. Berry analyzes the effect that such diversification has on corporate growth and on the structure and functioning of industrial markets. To identify a relationship between the growth of large corporations and the pattern of their diversifying activities, Professor Berry examines 460 of the largest U.S. industrial corporations. In tracing the effects of their entry into some 200 manufacturing industries, he develops new and striking evidence of the protected position of leading firms in concentrated industries, a position that can be effectively undermined by the diversification of more powerful corporations into these industries. Originally published in 1975. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.

China's economic rise and influence has been one of the most significant developments in the global economy of recent times. A driving force behind this expansion has been the private entrepreneurs and companies of China, some of which have literally redefined the economic and business landscape, both inside and outside of China. Born in a small fishing village in 1967 to a poor family, Guo Guangchang's break came when the Chinese government began to encourage business enterprise. He and four university friends set up their own company in 1992 to advise foreign companies that were entering into China. Fosun International eventually became the largest private enterprise in China by expanding into insurance, pharmaceuticals, property, mining, retail and finance. Today, Guo is the Chairman of Fosun International and this book provides a unique, inside examination of Guo and his company's remarkable global expansion.

The David-versus-Goliath effort to build a revolutionary social network that would give us back control of our personal data In June of 2010, four nerdy NYU undergrads moved to Silicon Valley to save the world from Facebook. Their idea was simple to build a social network that would allow users to control the information they shared about themselves instead of surrendering it to big business. Their project was called Diaspora, and just weeks after launching it on Kickstarter, the idealistic twenty-year-olds had raised $200,000 from donors around the world. Profiled in the New York Times, wooed by venture capitalists, and cheered on by the elite of the digital community, they were poised to revolutionize the Internet and remap the lines of power in our digital society until things fell apart, with tragic results. The story of Diaspora reaches far beyond Silicon Valley to today s urgent debates over the future of the Internet. In this heartbreaking yet hopeful account, drawn from extensive interviews with the Diaspora Four and other key figures, Pulitzer Prize winning journalist Jim Dwyer tells a riveting tale of four ambitious and naive young men who dared to challenge the status quo."

Dieses Buch beschaftigt sich mit der Bilanzierung von Pensionsverpflichtungen, welche ein seit Jahrzehnten kontrovers diskutierter Bereich in der Rechnungslegung nach IFRS sind. Es stellen sich die Fragen, welche Regelungen zur Pensionsbilanzierung sachgerecht sind und welche Auswirkungen Bilanzierungsanderungen nach sich ziehen koennen. Die Autorin greift diese Fragen auf und zeigt neben der Reformnotwendigkeit der Pensionsbilanzierung alternative Bilanzierungskonzepte auf. Ein empirischer Teil widmet sich darauf aufbauend der Untersuchung von bilanziellen Auswirkungen einer Reform der Pensionsbilanzierung auf zentrale Kennzahlen. Dies ermoeglicht eine Abschatzung der mit einer Bilanzierungsanderung einhergehenden Entscheidungsanderungen von Erstellern und Adressaten und leistet einen Beitrag zur standardsetzungsrelevanten Ex-ante-Forschung.

In Masters and Servants, Scott P. Stephen reveals startling truths about Hudson's Bay Company (HBC) workers. Rather than dedicating themselves body and soul to the Company's interests, these men were hired like domestic servants, joining a "household" with its attendant norms of duty and loyalty. The household system produced a remarkably stable political-economic entity, connecting early North American resource extraction to larger trends in British imperialism. Through painstaking research, Stephen shines welcome light on the lives of these largely overlooked individuals. An essential book for labour historians, Masters and Servants will appeal to scholars of early modern Britain, the North American fur trade, Western social history, business history, and anyone intrigued by the reach of the HBC.

Das Buch erstellt einen analytischen Bezugsrahmen fur die Erfassung und Evaluation kommunikativer Einflussbeziehungen von Unternehmen. Bislang mangelte es an perspektivischer Vielfalt, theoretischen Fundierungsmoeglichkeiten und geeigneten Instrumenten zur Rekonstruktion und Analyse des komplexen politischen Beziehungsmanagements Multinationaler Unternehmen. Der Autor verknupft Schlusselkonzepte des Issues- und Stakeholdermanagements, der Politikfeldanalyse, Tauschtheorie und Lobbyismusforschung mit dem Netzwerkansatz. Das Ergebnis ist eine neuartige Forschungsheuristik, die es moeglich macht, Public Affairs aus relationaler Perspektive zu betrachten und themenzentrierte politische Anspruchsgruppenkommunikation von Organisationen zu analysieren.

This book examines the role that European employee representatives play in the restructuring of firms. In a globalized economy, company internationalization and transnational restructuring are of growing concern for employees and trade unions. In the European Union, the still rather new institution of European works councils provides basic rights for employees. Using examples of eight large automotive manufacturers like Volkswagen, GM or Toyota, the volume analyzes the internationalization strategies of the companies and the effects of European works councils, pointing to a high degree of variation in strategies and effectiveness of cross-border employee representation.

Die Berucksichtigung von Insolvenzrisiken in der Unternehmensbewertung stellt eine praxisrelevante und zugleich theoretisch ungeklarte Problemstellung dar: Es herrscht Unsicherheit daruber, welcher Bewertungskalkul heranzuziehen ist. Der Autor stoesst mit seinem Buch in diese Lucke, indem er die bestehenden Loesungsansatze systematisiert und kritisch diskutiert. Basierend auf diesen Erkenntnissen entwickelt er ein Discounted Cashflow-basiertes Bewertungsmodell unter Berucksichtigung von Insolvenzrisiken und -kosten. Der Bruckenschlag zwischen theoretischer Fundierung und praktischer Anwendbarkeit gelingt dadurch, dass die stochastische Struktur der Cashflows anhand von Polynomialmodellen expliziert wird.

Im Hinblick auf eine zukunftsorientierte und wettbewerbsfahige Wirtschaft sind die Personalbindung in Unternehmen sowie die Rolle der regionalen Cluster als Unternehmensstandort wichtige Themen. Die Autorin untersucht, welchen Herausforderungen die Akteure eines regionalen Clusters hinsichtlich der Mitarbeiterbindung unterliegen. Am Beispiel der Weinbaucluster in Deutschland uberpruft sie, inwieweit sich theoretische UEberlegungen als tatsachlich relevante Faktoren fur die Personalbindung in der Praxis erweisen. Territorial, Network und Societal Embeddedness der Akteure kommen dabei in unterschiedlicher Auspragung zum Tragen. Die Ergebnisse der Untersuchung geben Anlass zum Umdenken in der Personalbindungspraxis hin zur Verlagerung der Bindung auf eine kollektive (regionale Cluster-)Ebene.

Die Solarindustrie erlebte insbesondere in Deutschland einen unvergleichbar rasanten und medientrachtigen Aufstieg. Jedoch wurde dieser Aufschwung von einer ebenso beeindruckenden Konsolidierungsphase abgeloest und fuhrte vor allem im Jahr 2013 zu zahlreichen Insolvenzen und zum Abbau jedes dritten Arbeitsplatzes. Vor diesem wechselhaften Hintergrund werden in diesem Band der Reihe Finanzmarkte und Klimawandel eine ganze Reihe oekonomischer, insbesondere finanzwirtschaftlicher Aspekte der Solarindustrie und komplementarer Technologien beleuchtet. Die Einsichten aus diesen Analysen helfen, das Grundverstandnis fur diesen fur die angestrebte Energiewende so wichtigen Bereich der deutschen Industrie nachhaltig zu vertiefen.

Dieses Buch beschaftigt sich mit der Fuhrung von homogenen und multikulturellen Gruppen und der Arbeit in diesen aus der Sicht von BerufseinsteigerInnen. Ziel ist es, einerseits kulturelle Gemeinsamkeiten und Unterschiede zwischen Nationen aufzuzeigen und andererseits aus der Untersuchung kulturubergreifender Zusammenarbeit in unterschiedlichen Settings innerhalb der Gruppen und zwischen Gruppenmitgliedern und Nachwuchsfuhrungskraften Erkenntnisse zu gewinnen. Dazu wurde ein Experiment durchgefuhrt, in dem die Wahrnehmungen und Zuschreibungen von BerufseinsteigerInnen und Graduierten aus OEsterreich, der Turkei, China und den USA erforscht wurden.

The new questionTen years after the worldwide bestseller Good to Great, Jim Collins returns with another groundbreaking work, this time to ask: Why do some companies thrive in uncertainty, even chaos, and others do not? Based on nine years of research, buttressed by rigorous analysis and infused with engaging stories, Collins and his colleague, Morten Hansen, enumerate the principles for building a truly great enterprise in unpredictable, tumultuous, and fast-moving times.

The new studyGreat by Choice distinguishes itself from Collins's prior work by its focus not just on performance, but also on the type of unstable environments faced by leaders today.

With a team of more than twenty researchers, Collins and Hansen studied companies that rose to greatness--beating their industry indexes by a minimum of ten times over fifteen years--in environments characterized by big forces and rapid shifts that leaders could not predict or control. The research team then contrasted these "10X companies" to a carefully selected set of comparison companies that failed to achieve greatness in similarly extreme environments.

The new findingsThe study results were full of provocative surprises. Such as: The best leaders were not more risk taking, more visionary, and more creative than the comparisons; they were more disciplined, more empirical, and more paranoid.Innovation by itself turns out not to be the trump card in a chaotic and uncertain world; more important is the ability to scale innovation, to blend creativity with discipline.Following the belief that leading in a "fast world" always requires "fast decisions" and "fast action" is a good way to get killed.The great companies changed less in reaction to a radically changing world than the comparison companies.

The authors challenge conventional wisdom with thought-provoking, sticky, and supremely practical concepts. They include: 10Xers; the 20 Mile March; Fire Bullets, Then Cannonballs; Leading above the Death Line; Zoom Out, Then Zoom In; and the SMaC Recipe.

Finally, in the last chapter, Collins and Hansen present their most provocative and original analysis: defining, quantifying, and studying the role of luck. The great companies and the leaders who built them were not luckier than the comparisons, but they did get a higher Return on Luck.

This book is classic Collins: contrarian, data-driven, and uplifting. He and Hansen show convincingly that, even in a chaotic and uncertain world, greatness happens by choice, not chance.

An eminent early preservationist, John Crawley was able to amass an enviable photographic archive of steam traction engines and road rollers in their working days, of which this Aveling & Porter selection formed just a part. Organiser of over eighty steam rallies, John saved up to thirty steam traction engines for preservation from the mid-1950s to the early 1960s, at a time when they were considered not much more than worthless scrap. Indeed, he became the first owner of no fewer than twenty-two of them. Utilising this incredible and unique collection of images, most of which are previously unpublished, Colin Tyson tells the story of this important manufacturer and iconic British brand.

Ernest Solvay, philanthropist and organizer of the world-famous Solvay conferences on physics, discovered a profitable way of making soda ash in 1861. Together with a handful of associates, he laid the foundations of the Solvay company, which successfully branched out into other chemicals, plastics and pharmaceuticals. Since its emergence in 1863, Solvay has maintained world leadership in the production of soda ash. This is the first scholarly book on the history of the Solvay company, which was one of the earliest chemical multinationals and today is among the world's twenty largest chemical companies. It is also one of the largest companies in the field to preserve its family character. The authors analyze the company's 150-year history (1863-2013) from economic, political and social perspectives, showing the enormous impact geopolitical events had on the company and the recent consequences of global competition.

In less than three decades, Nokia emerged from Finland to lead the mobile phone revolution. It grew to have one of the most recognizable and valuable brands in the world and then fell into decline, leading to the sale of its mobile phone business to Microsoft. This book explores and analyzes that journey and distils observations and learning points for anyone keen to understand what drove Nokia's amazing success and sudden downfall. With privileged access to Nokia's senior managers over the last twenty years followed by a more concerted research agenda from 2015, the authors describe and analyze, the various stages in Nokia's journey. The book describes leaders making strategic and organizational decisions, their behavior and interactions, and how they succeeded and failed to inspire and engage their employees. Perhaps most intriguingly, it opens the proverbial 'black box' of why and how things actually happen at the top of organizations. Why did things fall apart? To what extent were avoidable mistakes made? Did the world around Nokia change too fast for it to adapt? And, did Nokia's success contain the seeds of its failure?

Mit diesem Band reagiert die Arbeits- und Organisationsforschung auf die zunehmende Bedeutung, weicher' Faktoren in der beruflichen Praxis. Gerade die Realisierung erfolgreicher Innovationen erfordert ein vertrauensvolles Klima zwischen den beteiligten Akteuren und Unternehmen. Inwieweit und auf welche Weise aber lasst sich Vertrauen positiv gestalten? Kann dabei auch ein gesundes Misstrauen foerderlich sein? Welche Rolle spielen bei diesen Prozessen die Dynamiken innerhalb der sozialen Netzwerke? Aktuelle Befunde der interdisziplinaren Forschung aus funf gefoerderten Verbundprojekten werden zu dieser Thematik vorgestellt. Ferner werden die in den Projekten entwickelten Instrumente zur konkreten Gestaltung von Vertrauen prasentiert.

Mit der Einfuhrung des Deutschen Corporate Governance Kodex (DCGK) im Jahr 2002 sind die Anforderungen an die Aufsichtsratsmitglieder deutlich erhoeht worden. Auch der Gesetzgeber hat mit dem Gesetz zur Kontrolle und Transparenz im Unternehmensbereich (KonTraG), dem Gesetz zur Transparenz und Publizitat (TransPubG) und dem Gesetz zur Modernisierung des Bilanzrechts (BilMoG) die Messlatte fur gute Unternehmensfuhrung weit nach oben gelegt. Daraus resultiert ein erhebliches Konfliktpotential zur Unternehmensmitbestimmung, das sich insbesondere im Zusammenhang mit der Qualifikation, der Kommunikation und der Unabhangigkeit der Arbeitnehmervertreter im Aufsichtsrat zeigt. Die Arbeit behandelt ausfuhrlich diese Konfliktfelder in der Aktiengesellschaft und in der deutschen Societas Europaea. Sie folgt dabei einem prozeduralen Verstandnis des Unternehmensinteresses.

In this unique, well-illustrated book, readers learn how fifty financial corporations came to dominate the U.S. banking system and their impact on the nation's political, social, and economic growth. A story that spans more than two centuries of war, crisis, and opportunity, this account reminds readers that American banking was never a fixed enterprise but has evolved in tandem with the country. More than 225 years have passed since Alexander Hamilton created one of the nation's first commercial banks. Over time, these institutions have changed hands, names, and locations, reflecting a wave of mergers, acquisitions, and other restructuring efforts that echo changes in American finance. Some names, such as Bank of America and Wells Fargo, will be familiar to readers. The origins of others, including Zions Bancorporation, founded by Brigham Young and owned by the Mormon Church until 1960, are surprising. Exploring why some banks failed and others thrived, this book wonders, in light of the 2008 financial crisis, whether recent consolidations have reached or even exceeded economically rational limits. A key text for navigating the complex terrain of American finance, this volume draws a fascinating family tree for projecting the financial future of a nation.

It is widely admitted that organized economic interests determine political decision making at many levels of the French political process. This first comprehensive description of the French employers' and trade association movement shows how these pressure groups operate and indicates the extent of their influence. Originally published in 1957. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.

Jayne-Anne Gadhia, the straight-talking CEO of Virgin Money, looks back at the events that have influenced, shaped and inspired her to become one of the most powerful women in banking. With anecdotes from her life before becoming a banker, including beating the bullies and experiencing racism as part of a mixed race marriage, through to building a business from scratch, working at RBS under Fred Goodwin just before the financial crash, and steering Virgin Money to become a listed business, breaking boundaries along the way, professionally and personally. Jayne-Anne shines a light on issues surrounding the role of women in banking and the alpha-male dinosaurs that dominate the industry. She draws on the relationships and deals that have shaped her career so far, including her personal experience with mental health issues, which has helped her attitude and approach to both her business and personal life. This is not a conventional biography, nor a 'how to do it' business book. It is a candid, fresh and fascinating insight into being a woman in business, the financial crisis and the way in which business can be conducted as a force for good.

Wirtschaftskriminalitat ist eine ernstzunehmende und oft noch unterschatzte komplexe Bedrohung fur viele Unternehmen in der globalisierten Wirtschaftswelt. Oft werden insbesondere die Risiken aus der wachsenden Computerkriminalitat und der Wirtschaftsspionage unterschatzt. Das Kompendium zeigt ausgehend von authentischen Fallen aktuelle Begehensweisen ebenso auf, wie die typische wirtschaftskriminelle Basismethodik, deren Kenntnis wichtig ist, um die standig neu variierten Angriffsmethoden zu erkennen. Insbesondere wird praxisnah aufgezeigt, wie sich Unternehmen vor allem durch wirksame Sensibilisierungs- und Kontrollmassnahmen sowie eine effiziente Interne Revision vor Wirtschaftskriminalitat in unterschiedlichen internen und externen Auspragungsformen schutzen koennen.

Ernest Solvay, philanthropist and organizer of the world-famous Solvay conferences on physics, discovered a profitable way of making soda ash in 1861. Together with a handful of associates, he laid the foundations of the Solvay company, which successfully branched out to other chemicals, plastics, and pharmaceuticals. Since its emergence in 1863, Solvay has maintained world leadership in the production of soda ash. This is the first scholarly book on the history of the Solvay company, which was one of the earliest chemical multinationals and today is among the world's twenty largest chemical companies. It is also one of the largest companies in the field to preserve its family character. The authors analyze the company's 150-year history (1863 2013) from economic, political, and social perspectives, showing the enormous impact geopolitical events had on the company and the recent consequences of global competition."