Economics of Virtual Communities - The Case of the Berlin Stock Exchange

The use of social software and virtual community platforms in particular promises to offer opportunities for customer integration into a company’s value adding activities. Therefore, ideas and innovations generated by members of a virtual community can be analyzed and used in order to enhance the quality of products and services. However, evaluating economic consequences associated with the set-up, operation and maintenance of virtual communities on a quantitative basis has widely been neglected in social network research. Accordingly, no framework for valuation of web 2.0 applications has been established as yet. Thus, the objective of this paper is therefore to develop a measurement framework for the financial performance of a virtual community platform reflecting specific economic conditions relevant to a certain situation. The measurement framework is then applied to a real life example of the Berlin Stock Exchange

Economics of Virtual Communities – A Financial Analysis of a Case Study at the Berlin Stock Exchange

New web based technologies such as social software enables users to interact and collaborate over the internet. Virtual communities are set up by companies in order to bridge the gap between customers and companies and thus serve as a customer relationship management tool. As a result of a continuous dialogue with customers or with companies‟ employees innovations and improvements of products and processes can be generated. Despite intensive discussions about the technical aspects of virtual communities and their value proposition, hardly any research explicitly addresses a financial perspective. Thus, the objective of this paper is therefore to develop a measurement system for the financial performance of a virtual community platform reflecting specific economic conditions relevant in a certain situation. As a proof of concept, the theoretical model is then applied to a case study conducted at the Berlin stock exchange

German banks - a declining industry? : [Version March 2003]

This paper is a draft for the chapter German banks and banking structure of the forthcoming book The German financial system . As such, the paper starts out with a description of past and present structural features of the German banking industry. Given the presented empirical evidence it then argues that great care has to be taken when generalising structural trends from one financial system to another. Whilst conventio nal commercial banking is clearly in decline in the US, it is far from clear whether the dominance of banks in the German financial system has been significantly eroded over the last decades. We interpret the immense stability in intermediation ratios and financing patterns of firms between 1970 and 2000 as strong evidence for our view that the way in which and the extent to which German banks fulfil the central functions for the financial system are still consistent with the overall logic of the German financial system. In spite of the current dire business environment for financial intermediaries we do not expect the German financial system and its banking industry as an integral part of this system to converge to the institutional arrangements typical for a market-oriented financial system. This Version: March 25, 200

Corporate Social Responsibility and its importance from the general to the hospitality sectors: A Literature Review

Corporate Social Responsibility (CSR) policy operates as the self-regulatory system in which a company observes and makes sure it is active in terms of compliance with national norms, ethical standards and the spirit of the law. Williams, Sheridan, and McLean (2019) point out that CSR is a corporate method which is aimed at leading to sustainable development by providing environmental, social and economic benefits for every stakeholder involved. With certain models, a company's implementation of CSR goes beyond compliance, and involves actions which seems to add some social betterment, beyond the benefits of the company and that which is needed by regulation. The motive is to upsurge long-run profits through shareholder trust by taking accountability for business activities, high ethical morals to decrease legal and business risk, and ensure positive public relations. According to Huda et al. (2018), CSR tactics motivate the business to have a fruitful influence on the stakeholders and environment including communities, investors, employees, and consumers. (...

Co-operative and Alternative Finance for Agricultural/Food Communities : European Developments

Publisher PD

Proceedings der 11. Internationalen Tagung Wirtschaftsinformatik (WI2013) - Band 1

The two volumes represent the proceedings of the 11th International Conference on Wirtschaftsinformatik WI2013 (Business Information Systems). They include 118 papers from ten research tracks, a general track and the Student Consortium. The selection of all submissions was subject to a double blind procedure with three reviews for each paper and an overall acceptance rate of 25 percent. The WI2013 was organized at the University of Leipzig between February 27th and March 1st, 2013 and followed the main themes Innovation, Integration and Individualization.:Track 1: Individualization and Consumerization Track 2: Integrated Systems in Manufacturing Industries Track 3: Integrated Systems in Service Industries Track 4: Innovations and Business Models Track 5: Information and Knowledge ManagementDie zweibändigen Tagungsbände zur 11. Internationalen Tagung Wirtschaftsinformatik (WI2013) enthalten 118 Forschungsbeiträge aus zehn thematischen Tracks der Wirtschaftsinformatik, einem General Track sowie einem Student Consortium. Die Selektion der Artikel erfolgte nach einem Double-Blind-Verfahren mit jeweils drei Gutachten und führte zu einer Annahmequote von 25%. Die WI2013 hat vom 27.02. - 01.03.2013 unter den Leitthemen Innovation, Integration und Individualisierung an der Universität Leipzig stattgefunden.:Track 1: Individualization and Consumerization Track 2: Integrated Systems in Manufacturing Industries Track 3: Integrated Systems in Service Industries Track 4: Innovations and Business Models Track 5: Information and Knowledge Managemen