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Margit Osterloh
Margit Osterloh (born 23 July 1943 in Brandenburg an der Havel, Germany) is a German and Swiss economist. Research Osterloh’s research areas include: Organizational Theory, Theory of the Firm, Innovation and Technology Management, Process Management, Knowledge Management, Trust Management, Philosophy of Science, Gender Economics, Corporate Governance, Research Governance, Migration Policy and Aleatoric Democracy. In the media she expresses her opinion on the following research topics: Management Pay Osterloh advocates a cutback of bonus payments in upper management. She argues that pay for performance hampers creativity and intrinsic motivation. Academic Rankings In August 2012, Osterloh, together with Alfred Kieser, launched an appeal to other business professors to boycott the upcoming ''Handelsblatt'' (''Handelsblatt'' Ranking of Professors in Business Economics). In various articles she argues, together with Alfred Kieser and Bruno S. Frey, against rankings and ...
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Bonus Payment
A bonus payment is usually made to employees in addition to their base salary as part of their wages or salary. While the base salary usually is a fixed amount per month, bonus payments more often than not vary depending on known criteria, such as the annual turnover, or the net number of additional customers acquired, or the current value of the stock of a public company. Thus bonus payments can act as incentives for Management, managers attracting their attention and their personal interest towards what is seen as gainful for their companies' economic success. There are widely-used elements of pay for performance (human resources), pay for performance and working well in many instances, including when a fair share of an employee's participation in the success of a company is desired. There are, however, problematic instances, most notably when bonus payments are high. When they are tied to possibly short-lived such as an increase in monthly turnover, or cash flow generated from ...
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Cooperative
A cooperative (also known as co-operative, coöperative, co-op, or coop) is "an autonomy, autonomous association of persons united voluntarily to meet their common economic, social and cultural needs and aspirations through a jointly owned and democratically-controlled wikt:Enterprise, enterprise". Cooperatives are democratically controlled by their members, with each member having one vote in electing the board of directors. They differ from Collective farming, collectives in that they are generally built from the bottom-up, rather than the top-down. Cooperatives may include: * Worker cooperatives: businesses owned and managed by the people who work there * Consumer cooperatives: businesses owned and managed by the people who consume goods and/or services provided by the cooperative * Producer cooperatives: businesses where producers pool their output for their common benefit ** e.g. Agricultural cooperatives * Purchasing cooperatives where members pool their purchasing power ...
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Frankfurter Allgemeine Zeitung
The (; ''FAZ''; "Frankfurt General Newspaper") is a German newspaper founded in 1949. It is published daily in Frankfurt and is considered a newspaper of record for Germany. Its Sunday edition is the ''Frankfurter Allgemeine Sonntagszeitung'' (; ''FAS''). The paper runs its own network of correspondents. Its editorial policy is not determined by a single editor, but cooperatively by four editors. History The first edition of the ''FAZ'' appeared on 1 November 1949; its founding editors were Hans Baumgarten, Erich Dombrowski, Karl Korn, Paul Sethe and Erich Welter. Welter acted as editor until 1980. Some editors had worked for the moderate '' Frankfurter Zeitung'', which had been banned in 1943. However, in their first issue, the ''FAZ'' editorial expressly refuted the notion of being the earlier paper's successor, or of continuing its legacy: Until 30 September 1950, the ''FAZ'' was printed in Mainz. Traditionally, many of the headlines in the ''FAZ'' were styled in bl ...
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Sampling (statistics)
In this statistics, quality assurance, and survey methodology, sampling is the selection of a subset or a statistical sample (termed sample for short) of individuals from within a population (statistics), statistical population to estimate characteristics of the whole population. The subset is meant to reflect the whole population, and statisticians attempt to collect samples that are representative of the population. Sampling has lower costs and faster data collection compared to recording data from the entire population (in many cases, collecting the whole population is impossible, like getting sizes of all stars in the universe), and thus, it can provide insights in cases where it is infeasible to measure an entire population. Each observation measures one or more properties (such as weight, location, colour or mass) of independent objects or individuals. In survey sampling, weights can be applied to the data to adjust for the sample design, particularly in stratified samplin ...
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Quotaism
Quotaism is the concept of organizing society by a quota system, whether by racial, gender, language or another demographic attribute. Examples of quotas include gender quotas, racial quota, and Reservation in India, reservations. The basic premise is to have demographics represented at all levels and aspects of the civilization according to national statistics. A quota system is often part of any affirmative action policies, but in those cases it is mainly used as a "target", within a single entity. Quotaism applies to the whole country and is enforced by legislation on all public and private entities. Implementation Bangladesh * The Bangladesh Civil Service reserves 5% of its positions to the children of Bangladesh Liberation War veterans, 1% to the indigenous peoples in Bangladesh, and 1% to disabled people. There have been demonstrations by university students calling for a drastic reduction in these quotas, or their complete abolition. Brazil * Higher Education – ...
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Academy
An academy (Attic Greek: Ἀκαδήμεια; Koine Greek Ἀκαδημία) is an institution of tertiary education. The name traces back to Plato's school of philosophy, founded approximately 386 BC at Akademia, a sanctuary of Athena, the goddess of wisdom and Skills, skill, north of Ancient Athens, Athens, Greece. The Royal Spanish Academy defines academy as scientific, literary or artistic society established with public authority and as a teaching establishment, public or private, of a professional, artistic, technical or simply practical nature. Etymology The word comes from the ''Academy'' in ancient Greece, which derives from the Athenian hero, ''Akademos''. Outside the city walls of Athens, the Gymnasium (ancient Greece), gymnasium was made famous by Plato as a center of learning. The sacred space, dedicated to the goddess of wisdom, Athena, had formerly been an olive Grove (nature), grove, hence the expression "the groves of Academe". In these gardens, the philos ...
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Scholar
A scholar is a person who is a researcher or has expertise in an academic discipline. A scholar can also be an academic, who works as a professor, teacher, or researcher at a university. An academic usually holds an advanced degree or a terminal degree, such as a master's degree or a doctorate (PhD). Independent scholars and public intellectuals work outside the academy yet may publish in academic journals and participate in scholarly public discussion. Definitions In contemporary English usage, the term ''scholar'' sometimes is equivalent to the term ''academic'', and describes a university-educated individual who has achieved intellectual mastery of an academic discipline, as instructor and as researcher. Moreover, before the establishment of universities, the term ''scholar'' identified and described an intellectual person whose primary occupation was professional research. In 1847, minister Emanuel Vogel Gerhart spoke of the role of the scholar in society: Gerhart argued ...
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Impact Factor
The impact factor (IF) or journal impact factor (JIF) of an academic journal is a type of journal ranking. Journals with higher impact factor values are considered more prestigious or important within their field. The Impact Factor of a journal reflects the yearly mean number of article citations published in the last two years. While frequently used by universities and funding bodies to decide on promotion and research proposals, it has been criticised for distorting good scientific practices. Impact Factor is a scientometric index calculated by Clarivate, Clarivate's Web of Science. History The impact factor was devised by Eugene Garfield, the founder of the Institute for Scientific Information (ISI) in Philadelphia. Impact factors began to be calculated yearly starting from 1975 for journals listed in the ''Journal Citation Reports'' (JCR). ISI was acquired by Thomson Scientific & Healthcare in 1992, and became known as Thomson ISI. In 2018, Thomson Reuters, Thomson-Reuters ...
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Ranking
A ranking is a relationship between a set of items, often recorded in a list, such that, for any two items, the first is either "ranked higher than", "ranked lower than", or "ranked equal to" the second. In mathematics, this is known as a weak order or total preorder of objects. It is not necessarily a total order of objects because two different objects can have the same ranking. The rankings themselves are totally ordered. For example, materials are totally preordered by hardness, while degrees of hardness are totally ordered. If two items are the same in rank it is considered a tie. By reducing detailed measures to a sequence of ordinal numbers, rankings make it possible to evaluate complex information according to certain criteria. Thus, for example, an Internet search engine may rank the pages it finds according to an estimation of their relevance, making it possible for the user quickly to select the pages they are likely to want to see. Analysis of data obtained by ra ...
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Bruno S
Bruno may refer to: People and fictional characters * Bruno (name), including lists of people and fictional characters with either the given name or surname * Bruno, Duke of Saxony (died 880) * Bruno the Great (925–965), Archbishop of Cologne, Duke of Lotharingia and saint * Bruno (bishop of Verden) (920–976), German Roman Catholic bishop * Pope Gregory V (c. 972–999), born Bruno of Carinthia * Bruno of Querfurt (c. 974–1009), Christian missionary bishop, martyr and saint * Bruno of Augsburg (c. 992–1029), Bishop of Augsburg * Bruno (bishop of Würzburg) (1005–1045), German Roman Catholic bishop * Pope Leo IX (1002–1054), born Bruno of Egisheim-Dagsburg * Bruno II (1024–1057), Frisian count or margrave * Bruno the Saxon (fl. 2nd half of the 11th century), historian * Saint Bruno of Cologne (d. 1101), founder of the Carthusians * Bruno (bishop of Segni) (c. 1045–1123), Italian Roman Catholic bishop and saint * Bruno (archbishop of Trier) (died 1124), German ...
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Handelsblatt
The ''Handelsblatt'' (literally "commerce paper" in English) is a German-language business newspaper published in Düsseldorf by Handelsblatt Media Group, formerly known as Verlagsgruppe Handelsblatt. History and profile ''Handelsblatt'' was established in 1946 by journalist Herbert Gross, but after some months Friedrich Vogel (1902–1976) became publisher. In 1969, Georg von Holtzbrinck became partner of Friedrich Vogel. Since 2021, its editor-in-chief is Sebastian Matthes. Its publisher, Handelsblatt Media Group, also publishes the weekly business magazine ''Wirtschaftswoche'' of which the editor-in-chief is Beat Balzli. ''Handelsblatt'' headquarters are in Düsseldorf. Since September 2005 ''Handelsblatt'' has been offering an online lexicon called ''WirtschaftsWiki'' which features definitions of terms used in economics and politics. The database can be modified by any registered user. In September 2006 ''Handelsblatt'' ranked all economists working in Germany, Austria ...
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