Centre for Globalisation and Governance Research Area 1 Institutional Constellations that Govern Markets and the Economy

Head: PD Dr. Konstanze Senge (acting head)

Overview Main Research Questions Contribution to the CGG Programme The central objective of this research area is to make an • How do the institutions that frame the market influence the A new and dynamic understanding of the constellation of market- analytical appraisal of those institutional constellations and economy and society? framing institutions is required in the context of globalisation. governance structures that are significant to market framing. On Globalisation, with its accompanying location competition, is the one hand, this entails changes in these institutional • How does the incomplementarity of institutions affect understood here to mean a process which, for the actors constellations, with it being assumed that institutions do not only economical and social processes? involved, potentially adds to the area of conflict, with varying interact in a complementary way. Discordance, incoherence, and expectations, contradictory institutional guidelines, multi-level • How do organisational and individual actors react to changes conflicting institutional logics are viewed not only as possible, but conflicts and ambiguous economic and legal requirements. probable, providing grounds for an examination of the influence in the institutions that frame the markets? Consequently, Research Area 1 aims to increase the of the same factors, in particular on institutional change. On the interdisciplinary understanding of the characteristics of other hand, the analysis takes into account reactions on an institutional constellations that are believed to be susceptible to organizational and individual level, which are associated with change owing to globalisation, and of the concrete effects that ambiguous institutional regulations, institutional “mismatch,” and are associated with changed constellations. In addition to an tensions resulting from economic and institutional requirements. international comparison, the analysis includes a consideration of The focal point of research aims to be interdisciplinary. In change at both the company and operational level. particular, socio-economic, business, political , organizational, and cultural perspectives have a strong impact.

Research Focus Research Projects (selected) Academic Cooperation (selected) 1. Personell Management and Industrial Relations (Alewell) • The demand of personal service provider and its determinants (Alewell) • International Network for Social Network Analysis 2. ESG-Factors (Environmental, Social, Governance), • Engagement (VIP/Deutsche Bank) (Bassen) • German Sustainability Code (Bassen) • Université de Fribourg Sustainability Reporting (Bassen) • Stock Corporations between Social Responsibility and Profit 3. Varieties of , Path Dependence, Maximisation – Overcoming Institutional Incomplementarities in • Izmir University of Economics Models of Innovation (Beyer) Organisations (Senge/Beyer) • Universität Luzern 4. Credit Agreements between Banks and Small Firms, • Varieties of Capitalism and the Incomplementarity of Institutions: An Financing Structures and Societal Development (Größl) International Comparison of Financial Market-Oriented Corporate • University of Manchester Governance Reforms (Beyer) 5. Macroeconomics, and European • Organisational Analysis (Beyer) • Université Nanterre X Integration (Heise) • MINO – Matching innovative strength and sustainable models of • Universiteit Utrecht 6. CSR, Financial Markets, and Organisational Analysis innovation (Beyer) (Senge) • Preventing insolvency in small business (Größl) • Boston University • Small enterprises in crisis (Größl) • The future of work and industrial relations in Europe (Heise) • Careers and social capital of investor-relations manager (Hollstein/ Bassen) • XXXIII. Sunbelt Conference of the International Network for Social Network Analysis 2013 (Hollstein)

Habilitation and Dissertation Projects Selected Publications in International Visiting Researchers (selected) (selected) Journals (peer review) Prof. Dr. Michael Nollert Dr. Sven Hauff: HRM systems and employee expectations Alewell, D./Hauff, S. (2013): Employers’ motives behind outplacement Dr. Nina Katrin Hansen: HR work in professional service firms' activities. In: Personnel Review, Vol 42 No. 4, pp. 466-487Bassen, A., Université de Fribourg Dr. Stefan Kirchner: The transformed Germand modell in Basse-Mama, H., Koch, N. & Bank, T. 2013. 'Valuation effects of corporate Prof. Gregory Jackson, PhD international comparison strategic transactions in the cleantech industry' Journal of Business University of Bath Dr. Konstanze Senge: CSR als Legitimationsprinzip in der World Economics (Zeitschrift für Betriebswirtschaft (ZfB)), 83, pp. 605-630. Prof. Mark Harvey, PhD Polity Bassen, A. & Koch, N. 2013. 'Valuing the carbon exposure of European University of Essex Robert Müller: Institutional change of stock markets utilities. Energy Economics, 36, pp. 431-443. Falk Eckert: Subject and identity between work life Beyer, Jürgen (2012): Path Departure: The Internationalization of German Prof. Dr. Rudolf Hickel Ute Ludwig: Organization and lifeplan Universität Nicolas T. Koch: Essays on Finance, Energy and Emissions Corporate Governance and Financial Accounting, in: Research in Social Trading Change 4/2: 115-150 Prof. Dr. Paul Windolf Daniela Senkl: Voluntary nonfinancial disclosure and earnings Hauff, S./Kirchner, S. (2013): Wandel der Arbeitsqualität. Erscheint in: Universität Trier quality Zeitschrift für Soziologie 42 (4) Prof. Dr. Christoph Deutschmann Further dissertation projects: Laura Behrmann, Martina Maas, Senge, Konstanze (2013): The New Insitutionalism in Organization Theory: Universität Tübingen Andrea Rentro, Tom Töpfer, Dagmar Zanker Bringing Society and Culture Back in. In: American Sociologist 44: 76-95

Head Members

PD Dr. Konstanze Senge (acting head) Prof. Dr. Dorothea Allewell is senior lecturer at the Institute for Sociology at the Professor of Economics, University of Hamburg University of Hamburg and a member of the Research Prof. Dr. Alexander Bassen Council of the Centre for Globalisation and Governance. Professor of Economics, University of Hamburg Prof. Dr. Jürgen Beyer Professor of Sociology, University of Hamburg Prof. Dr. Ingrid Größl Professor of Economics, University of Hamburg Prof. Dr. Arne Heise Professor of Economics, University of Hamburg Prof. Dr. Betina Hollstein Professor of Sociology,

Contact PD Dr. Konstanze Senge University of Hamburg Faculty of Business Economics and Social Sciences Allende-Platz 1 20146 Hamburg Tel.: +49-(0)40-42838-4692 Fax: +49-(0)40-42838-2499 [email protected]