TY  - JOUR
A1  - Brück, Christian
A1  - Knauer, Thorsten
A1  - Schwering, Anja
T1  - Disclosure of value-based performance measures
BT  - evidence from German listed firms
JF  - Accounting and business research
N2  - We examine the determinants of the disclosure of value-based (VB) performance measures in Germany. We argue that firms are more likely to disclose VB performance measures when information asymmetry is greater, as greater information asymmetry means firms have a greater need to credibly signal a shareholder value orientation. Using a hand-collected dataset of German listed firms covering 1,528 firm-years from 2004 to 2011, we demonstrate that firms are more likely to disclose a VB performance measure if the free float is larger than the blocking minority and also, when firms are large, if they have high foreign sales to total sales ratios and are not cross-listed internationally. Our results indicate that German firms use VB performance measures to improve investor communication and to substantiate their shareholder value orientation. Our results should be interpreted against a background of increased shareholder value orientation and sophisticated cost accounting in German firms.
KW  - Value-based performance measures
KW  - shareholder value
KW  - disclosure
KW  - investor communication
Y1  - 2022
U6  - https://doi.org/10.1080/00014788.2022.2062585
SN  - 0001-4788
SN  - 2159-4260
VL  - 53
IS  - 6
SP  - 671
EP  - 698
PB  - Routledge, Taylor & Francis Group
CY  - Abingdon
ER  - 
TY  - JOUR
A1  - Bergmann, Mareike
A1  - Brück, Christian
A1  - Knauer, Thorsten
A1  - Schwering, Anja
T1  - Business Analytics in der Budgetierung
BT  - eine empirische Analyse zur Digitalisierung und Automatisierung der Budgetierung
JF  - Controlling - Zeitschrift für erfolgsorientierte Unternehmensführung
N2  - Im Zuge der Digitalisierung bietet Business Analytics das Potenzial, die Budgetierung insbesondere durch eine Automatisierung von Prozessschritten der Budgetierung maßgeblich weiterzuentwickeln. Dieser Beitrag zeigt mittels einer empirischen Untersuchung den Status quo des Einsatzes von Business Analytics im Rahmen der Budgetierung in Deutschland und geht auf die Beurteilung einer Automatisierung der Budgetierung durch Unternehmen ein.
N2  - Against the background of digitization, business analytics offer the potential to digitize and automate budgeting. This article provides evidence of the status quo of the use of business analytics in budgeting in Germany and considers the assessment of an automation of budgeting by companies.
Y1  - 2021
U6  - https://doi.org/10.15358/0935-0381-2021-3
SN  - 0935-0381
VL  - 33
IS  - 3
SP  - 51
EP  - 58
PB  - Vahlen
CY  - München
ER  - 
TY  - JOUR
A1  - Brück, Christian
A1  - Knauer, Thorsten
A1  - Meier, Harald
A1  - Schwering, Anja
T1  - Self-set salaries and creativity
JF  - Journal of Business Economics
N2  - Organizations frequently try to incentivize employees to develop highly creative solutions. In this study, we examine self-set salaries as a specific type of incentive design. We investigate whether self-set salaries affect employees’ motivation and overall (creative) performance. Moreover, because self-set salaries potentially risk opportunistic employee behavior, we consider the effect of the observability of peer performance on employees’ level of self-set salaries. Using a laboratory experiment, we hold the average employee compensation constant and demonstrate that, in comparison with fixed-pay contracts, self-set salaries increase the quantitative performance in creative tasks without affecting the average creativity. However, we do not find significant differences between the amount of individuals’ self-set salaries with observability of peer performance and the amount for individuals without the chance to observe peer performance. Our findings are important for firms that rely on the development of creative ideas but are unsure about the effects of the introduction of self-set salaries
Y1  - 2020
U6  - https://doi.org/10.1007/s11573-020-00985-z
SN  - 1861-8928
SN  - 0171-9130
VL  - 91
IS  - 1
SP  - 91
EP  - 121
PB  - Springer
CY  - Berlin
ER  -