Research areas
Current research projects
Executive Board Compensation as a Challenge for Investors 2020 (Study) (German)
Together with the hkp// group and the DIRK - German Investor Relations Association, the team of the chair has analyzed the voting guidelines on executive board compensation (Proxy Voting Guidelines) of the most significant investors engaged in DAX30 companies. In view of the implementation of the second European Shareholder Rights Directive (ARUG II), these guidelines take on particular weight.
From attention to action: How board environmental expertise influences corporate environmental performance (2023)
How do board environmental experts influence corporate environmental performance? Drawing on the advisory role of the board, we examine this question and propose that board environmental expertise fosters attention toward stakeholders through the development of decision-makers’ knowledge structures and the identification of opportunities to address a wider range of stakeholders, ultimately contributing to stronger stakeholder orientation. ...
Research project: Clawback clauses as a strategic handicap? (German)
Using nearly 1,000 publicly traded U.S. companies, this study examines the potential undesirable effects of clawback adoption on corporate strategic direction.
Recent publications
Environmental management control systems: Exploring the economic motivation behind their implementation (2023)
Environmental management control systems (EMCSs) effectively integrate environmental objectives into corporate decision-making, yet implementation costs may discourage their adoption. To understand firms’ economic motivation for implementing EMCSs, we theorize that internal and external factors drive both their
economic performance and the decision to implement EMCSs. ...
From attention to action: How board environmental expertise influences corporate environmental performance (2023)
How do board environmental experts influence corporate environmental performance? Drawing on the advisory role of the board, we examine this question and propose that board environmental expertise fosters attention toward stakeholders through the development of decision-makers’ knowledge structures and the identification of opportunities to address a wider range of stakeholders, ultimately contributing to stronger stakeholder orientation. ...
Digital Anxiety in the Finance Function: Consequences and Mitigating Factors (2024)
This study investigates digital anxiety as a potential barrier to the digital transformation of the finance function. To embrace digital transformation, the finance function crucially relies on the engagement of its employees. However, due to this transformation, these employees face high uncertainty regarding future job demands, possibly invoking digital anxiety. ...
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