DOCSLIB.ORG

ESMT Berlin R&D Annual Report 2017

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
ESMT Berlin R&D Annual Report 2017 R&D ANNUAL REPORT 2017 FACULTY AND RESEARCH ESMT Berlin published 19 peer-reviewed articles in the most influential academic journals including Academy of Management Journal, American Economic Review, Management Science, and Organization Science. ESMT authors received 2 publication-related awards. The Hidden Champions Institute (HCI) was founded by ESMT to fill gaps in the management of hidden champions and especially family-owned businesses via excellent teaching, interdisciplinary research, and an international network. ESMT was re-accredited by AACSB and commended for having a well-developed academic culture focused on excellent faculty and research. 2 Contents Preface ..................................................................... 1 Faculty and their research interests ........................................... 2 New hires and promotions . 2 Full-time academic faculty . 3 Full-time managerial faculty . 4 Affiliate and emeriti professors . 4 Publications................................................................. 5 Peer-reviewed articles . 5 Non peer-reviewed articles . 7 Working papers . 7 Books . 7 Book chapters . 8 ESMT Case Studies Series . 8 ESMT White Paper Series . 8 DSI Industrial & Policy Recommendations (IPR) Series . 8 Other publications . 9 Editorial activities .......................................................... 10 Chairs ..................................................................... 11 Grants ..................................................................... 12 External presentations at research conferences and seminars .................. 17 Centers and institutes....................................................... 20 Center for Financial Reporting and Auditing (CFRA) . 20 Center for Leadership Development Research (CLDR) . 21 Center for Sustainable Business (CSB) . 22 Digital Society Institute (DSI) . 24 Hidden Champions Institute (HCI) . 26 Events ..................................................................... 28 Research seminars and academic presentations . 28 Conferences, workshops, and roundtables . 29 ESMT Open Lectures . 30 Centers and institute events . 31 PhD program ............................................................... 39 Research lab and assistants.................................................. 41 Research visitors ........................................................... 42 1 Preface In accordance with the mission of the the first holder of the POK Pühringer PS school, the role of research at ESMT Chair in Entrepreneurship. As well, Özlem Berlin is to develop and disseminate new Bedre-Defolie and Johannes Habel were knowledge, to foster sustainable economic promoted to the faculty rank of associate growth, and to help business leaders professor and Gianluca Carnabuci was succeed globally and act responsibly. awarded tenure. Research at ESMT aims at having a In 2017, the centers and institutes significant impact at the highest academic proceeded to develop by adding: 3 new level. In 2017, ESMT published 19 peer- co-directors, 2 researchers, and 2 staff Tamer Boyaci reviewed journal articles of which 7 were members and altogether the three centers Professor of Management Science, published in the most influential A/A+ and one institute held a total of 29 events. Michael Diekmann Chair in Management journals such as Academy of Management For an overview of these events, please see Science, and Director of Research Journal, American Economic Review, page 28. Management Science, and Organization This report further details the ESMT Science. The mission of the school is also research output and achievements in 2017. reflected in the numerous organized I hope you enjoy reading it! research events, which help to stimulate intellectual exchange: 6 conferences and 28 research seminars, where scholars from some of the most prestigious schools presented their research, and 10 open lectures with opinion leaders from both academia and industry. Further events were organized by the centers and an institute. 2017 saw ESMT hire a new professor in addition to three internal faculty promotions, strengthening its faculty members to 38 from 19 different countries. Henry Sauermann, formerly an associate professor of strategy and innovation at the Scheller College of Business at the Georgia Institute of Technology, joined ESMT as an associate professor of strategy. He is also 2 38 faculty members (as of 12/31/17) 19 nations 5 females Faculty and their research interests ESMT recruits, develops, and promotes a diverse and international world-class faculty. The school strives to build a productive environment that supports rigorous, deep, and original research aimed at top academic publications. Industry backing provides further opportunities to generate ideas with a strong practical impact that also feed substantial insights into creative teaching approaches. The following list reflects the titles and positions as of December 31, 2017. New hires and promotions Özlem Bedre-Defolie Associate Professor of Economics In 2017, Özlem was awarded tenure and promoted to the faculty rank of associate professor of economics. Özlem joined ESMT in January 2010 as an assistant professor. Her research interests are mainly theoretical and applied microeconomics, and industrial organization. Gianluca Carnabuci Associate Professor of Organizational Behavior Gianluca was awarded tenure in 2017. He joined ESMT in 2016 as an associate professor of organizational behavior. Previously, he was an associate professor of organization and management at the University of Lugano and an assistant professor at Bocconi University. Johannes Habel Associate Professor, Program Director, and Co-director of the Hidden Champions Institute (HCI) Johannes was promoted to the faculty rank of associate professor in 2017. He joined ESMT in 2014 developing and teaching in executive education. In his research and teaching, he focuses on sales and marketing strategies of so-called hidden champions, that is, highly successful SMEs with a low level of public awareness. Henry Sauermann Associate Professor of Strategy and POK Pühringer PS Chair in Entrepreneurship Henry is an associate professor of strategy (with tenure), who joined ESMT in May 2017. He is the first holder of the POK Pühringer PS Chair in Entrepreneurship. Previously, he was an associate professor of strategy and innovation and the PhD coordinator at the Scheller College of Business at the Georgia Institute of Technology. 3 Full-time academic faculty Zoltán Antal-Mokos (Hungary) Francis de Véricourt (France) Per Olsson (Sweden) Professor of Strategy and Dean of Degree Professor of Management Science Professor of Accounting and Academic Programs Managerial decision making, operations Director of the Center for Financial Corporate strategy, strategic rationale research, sustainability, and health care Reporting and Auditing (CFRA) for mergers and acquisitions, post- Financial reporting, capital markets merger integration, and privatization research, valuation research, corporate Hans W. Friederiszick (Germany) governance, and international accounting Research Fellow, ESMT Berlin, and differences Özlem Bedre-Defolie (Turkey) Managing Director, E.CA Economics Associate Professor of Economics Applied microeconomics and industrial Francine Petersen (Brazil/Poland) Applied microeconomics, industrial organization (competition economics) organization, and competition economics Associate Professor of Marketing Consumer affect (emotions, mood, Michał Grajek (Poland) subjective experiences), consumer CB Bhattacharya (India/USA), on leave Associate Professor of Economics psychology and behavior, and luxury Professor of Marketing and Founding Applied econometrics, industrial marketing Director of the Center for Sustainable organization, international economics, Business (CSB) law and economics, economics of Jörg Rocholl (Germany) Business strategy innovation, CSR, networks, competition policy, and ICT sustainability, stakeholder engagement, President, Professor of Finance, and EY marketing strategy, and corporate Chair in Governance and Compliance identity and reputation Laura Guillén (Spain) Corporate finance, corporate governance, Assistant Professor of Organizational financial intermediation, central banks, Behavior financial regulation Matthew S. Bothner (USA) Leadership and leader identity, Professor of Strategy, Deutsche Telekom motivation to lead, gender, diversity, Henry Sauermann (Germany) Chair in Leadership and HR Development authenticity, dark side of leadership, Measurement and consequences of social social perceptions at work, and coaching Associate Professor of Strategy and POK status in venture capital, professional practices Pühringer PS Chair in Entrepreneurship sports, and higher education Science and innovation, entrepreneurial strategy, human capital Rajshri Jayaraman (Canada/India) Tamer Boyaci (Canada/Turkey) Associate Professor of Economics, Faculty Professor of Management Science, Lead of the Full-time MBA Program Martin Schweinsberg (Germany) Michael Diekmann Chair in Management Development economics, labor economics Assistant Professor of Organizational Science, and Director of Research Behavior Supply chain management, sustainable Negotiation, organizational behavior operations, remanufacturing, retail Konstantin Korotov (Germany) operations, marketing operations Associate Professor of Organizational inter-face, pricing, and assortment Behavior and Director of the Center for Catalina Stefanescu-Cuntze (Romania/ optimization Leadership
Load more

Recommended publications
  • 3 Corporate Governance Report
    Chapter 3 pages 148–184 Corporate Governance Report 149 Compensation Report 162 Compliance 157 Report of the Supervisory Board 176 Management and Supervisory Boards 159 Declaration of Conformity Pursuant to ­­ Board of Executive Directors 159 Section 161 AktG 183 Supervisory Board 160 Declaration of Corporate Governance 184 3Corporate Governance About This Report 1 To Our Shareholders 2 Management’s Report 3 Corporate Governance 4 Consolidated Financial Statements 5 Overviews Corporate Governance Report Corporate Governance Super visory Board; and the shareholders’ rights of co-administra- the establishment of appropriate systems for control, compliance tion and supervision at the Annual Shareholders’ Meeting. and risk management as well as establishing a company-wide Report compliance culture with undisputed standards. Direction and management by the Board of Executive Directors Decisions that are reserved for the Board as a whole by law, through Corporate governance refers to the entire system for the Board of Executive Directors’ Rules of Procedure or through managing and supervising a company. This includes its ▪ Board of Executive Directors strictly separate from the resolutions adopted by the Board, are made at regularly held Board organization, values, corporate principles and guidelines Supervisory Board meetings called by the Chairman of the Board of Executive Directors. as well as internal and external control and monitoring ▪ Responsible for company management Board decisions are based on detailed information and analyzes mechanisms. Effective and transparent corporate gover- ▪ Sets corporate goals and strategic direction provided by the business areas and specialist units, and, if deemed nance ensures that BASF is managed and supervised necessary, by external consultants. Board decisions can generally responsibly with a focus on value creation.
    [Show full text]
  • Allianz Aktiengesellschaft Annual Report 2001 Allianz Aktiengesellschaft Annual Report 2001
    Allianz Aktiengesellschaft Annual Report 2001 Allianz Aktiengesellschaft Annual Report 2001 Allianz Aktiengesellschaft Königinstrasse 28 D-80802 München Telephone +49 89 38 00-0 Telefax +49 89 34 99 41 www.allianz.com Allianz AG Reinsurance Branch Asia Pacific 3 Temasek Avenue #08-01 Centennial Tower Singapore 039190 Photography: Peter Ginter AllianzAG Tables and Charts: Allianz UKGBE0020Z0 (0/05) 5. 02 At a glance A click ➤➤ on the page number brings you directly to the page concerned. Allianz Aktiengesellschaft2001Change from2000Change from1999Change fromDetails previous yearprevious yearprevious yearon page in % in % in % Gross premiums written ¤mn5,690– 5.86,04016.65,1808.87 Retention in % 61.9 65.5 63.4 Loss ratio on own accountin %93.076.074.96 Gross expense ratioin %27.326.225.67 Underwriting result¤mn– 645– 201– 1237 Non-underwriting result ¤mn 1,07114.0940– 18.51,15330.712 Earnings before tax¤mn426– 42.3739– 28.31,03010.012 Taxes¤mn119126– 32112 Net income¤mn545– 36.986522.17091.612 Investments under management¤mn60,48951.639,91313.635,12910.010 Shareholders’ equity¤mn18,33561.111,3837.010,6405.233 as percent of net premium income in % 520.8 287.6 324.1 Insurance reserves¤mn19,06210.817,2117.615,991 7.229 Dividend per share¤1.501.501.2512 Total dividend ¤mn 362 369 307 Allianz share price at 12/31 ¤ 266 399 334 Market capitalization of Allianz shares at 12/31 ¤bn 70.9 98.0 81.8 To go directly to any chapter, simply click ➤➤ on the headline or the page number. ALLIANZ AG ANNUAL REPORT 2001 CONTENTS 2 Report of the Supervisory Board 5 Supervisory Board and Board of Management 6 Management Report 22 Recommendation for Appropriation of Profit Allianz Aktiengesellschaft 23 Financial Statements 43Auditor’s Report 44 Memberships 2 ❘ Report of the Supervisory Board Ladies and Gentlemen, We monitored the activities of the Board of Management in accordance with the responsi- bilities assigned to us by legal regulations and the company’s articles of association.
    [Show full text]
  • View Annual Report
    OUTPERFORM TRANSFORM REBALANCE ANNUAL REPORT 2019 ALLIANZ SE To go directly to any chapter, simply click All references to chapters, pages, notes, on the headline or the page number. internet pages, etc. within this report are also linked. CONTENT A _ To Our Investors Pages 1 – 8 2 Supervisory Board Report 7 Mandates of the Members of the Supervisory Board 8 Mandates of the Members of the Board of Management B _ Management Report of Allianz SE Pages 9 – 58 10 Executive Summary and Outlook 14 Operations by Reinsurance Lines of Business 16 Balance Sheet Review 18 Liquidity and Funding Resources 19 Risk and Opportunity Report 30 Corporate Governance Report (not part of the audit) 36 Statement on Corporate Management pursuant to § 289f of the HGB 39 Remuneration Report 56 Other Information C _ Financial Statements of Allianz SE Pages 59 – 90 FINANCIAL STATEMENTS 60 Balance Sheets 62 Income Statement NOTES TO THE FINANCIAL STATEMENTS 63 Nature of Operations and Basis of Preparation 63 Accounting, Valuation and Calculation Methods 66 Supplementary Information on Assets 70 Supplementary Information on Equity and Liabilities 77 Supplementary Information on the Income Statement 80 Other Information 83 List of Participations of Allianz SE, Munich as of 31 December 2019 according to § 285 No. 11 and 11b HGB in conjunction with § 286 (3) No. 1 HGB D _ Further Information Pages 91 – 96 92 Responsibility Statement 93 Independent Auditor's Report Disclaimer regarding roundings Due to rounding, numbers presented may not add up precisely to the totals provided and percentages may not precisely reflect the absolute figures.
    [Show full text]
  • ESMT Masterclasses
    ESMT MasterClasses ESMT MasterClasses are an opportunity for ESMT students to become acquainted with high-ranking personalities practicing exceptional leadership. Previous speakers have included*: Frank Appel, CEO, Deutsche Post AG Jörg Asmussen, Permanent State Secretary, Federal Ministry of Labour and Social Affairs Subroto Bagchi, COO, MindTree Consulting Peter Bauer, CEO, Infineon Technologies AG Werner Bauer, Chairman of the Supervisory Board, Nestlé Deutschland Ferdinando Beccalli-Falco, Senior Vice President and CEO of GE Europe, General Electric Roland Berger, Honorary Chairman of Board of Directors, Roland Berger Strategy Consultants Raj Biyani, Managing Director, Microsoft India (R&D) Private Limited Luis Cantarell, Executive Vice President, Zone Director Americas, Nestlé Marijn Dekkers, CEO, Bayer AG Georg Denoke, CFO, Linde AG Kai Diekmann, Editor in Chief, BILD Michael Diekmann, Chairman of the Board of Management, Allianz SE Johannes M. Dietsch, Member of the Board of Management, Bayer AG Brigitte Ederer, HR and Industrial Relations Director, Siemens AG Karl Max Einhäupl, Chairman of the Executive Board, Charité Universitätsmedizin Berlin Tom Enders, CEO, Airbus Group Heinz Jörg Fuhrmann, CEO, Salzgitter AG Matthew Ganz, President Boeing Germany and Northern Europe, Boeing Operations International Rüdiger Grube, CEO, Deutsche Bahn AG Derk Haank, CEO, Springer Nature Michael Haidinger, President and COO, Corporate and Regional Engines, Rolls-Royce Deutschland Tuomo Hatakka, Chairman of the Executive Board, Vattenfall GmbH Senator Thomas Heilmann, Senatsverwaltung für Justiz Claus E. Heinrich, Member of the Executive Board, SAP AG Heinrich Hiesinger, Chairman of the Executive Board, ThyssenKrupp AG Johannes Huth, Member & Head of KKR Europe, KKR Capital Markets Limited Henning Kagermann, Chairman of the Executive Board, SAP AG Klaus Kleinfeld, President and CEO, Alcoa Inc.
    [Show full text]
  • Annual Report Allianz Group
    Building the Strongest Financial Community Allianz Group Annual Report 2012 Content 1 MAGAZINE FOR THE ANNUAL REPORT 2012 A To Our Investors 35 Letter to the Investors 40 Supervisory Board Report 49 Supervisory Board 50 Board of Management 53 International Executive Committee 54 Allianz Share 59 Services for Allianz Investors B Corporate Governance 63 Corporate Governance Report 69 Statement on Corporate Management pursuant to § 289a of the HGB 71 Takeover-related Statements and Explanations 74 Remuneration Report C Group Management Report 92 Content Your AlliAnz 93 Business Operations and Markets 106 Our Strategy 109 Our Progress in Sustainable Development MAnAGeMent Discussion AnD AnAlYsis 122 Business Environment 124 Executive Summary of 2012 Results 132 Property-Casualty Insurance Operations 140 Life/Health Insurance Operations 148 Asset Management 152 Corporate and Other 154 Outlook 2013 and 2014 166 Balance Sheet Review 175 Liquidity and Funding Resources 182 Reconciliations risk report AnD FinAnciAl control 184 Risk Report 214 Controls and Procedures D Consolidated Financial Statements 218 Content 219 Consolidated Balance Sheets 220 Consolidated Income Statements 221 Consolidated Statements of Comprehensive Income 222 Consolidated Statements of Changes in Equity 223 Consolidated Statements of Cash Flows 226 Notes to the Consolidated Financial Statements E Further Information 369 Joint Advisory Council of the Allianz Companies 370 International Advisory Board 371 Mandates of the Members of the Supervisory Board 372 Mandates of the
    [Show full text]
  • Outperform Transform Rebalance Annual Report 2020
    OUTPERFORM TRANSFORM REBALANCE ANNUAL REPORT 2020 ALLIANZ SE To go directly to any chapter, simply click All references to chapters, notes, internet pages, etc. on the headline or the page number. within this report are also linked. CONTENT A _ To Our Investors Pages 1 – 10 2 Supervisory Board Report 9 Mandates of the Members of the Supervisory Board 10 Mandates of the Members of the Board of Management B _ Management Report of Allianz SE Pages 11 – 64 12 Executive Summary and Outlook 16 Operations by Reinsurance Lines of Business 18 Balance Sheet Review 20 Liquidity and Funding Resources 21 Risk and Opportunity Report 34 Integrated Risk and Control System for Financial Reporting 35 Statement on Corporate Management 42 Remuneration Report 62 Other Information C _ Financial Statements of Allianz SE Pages 65 – 96 FINANCIAL STATEMENTS 66 Balance Sheet 68 Income Statement NOTES TO THE FINANCIAL STATEMENTS 69 Nature of Operations and Basis of Preparation 69 Accounting, Valuation, and Calculation Methods 72 Supplementary Information on Assets 76 Supplementary Information on Equity and Liabilities 83 Supplementary Information on the Income Statement 86 Other Information 89 List of Participations of Allianz SE, Munich as of 31 December 2020 according to § 285 No. 11 and 11b HGB in conjunction with § 286 (3) No. 1 HGB D _ Further Information Pages 97 – 103 98 ResponsibilityStatement 99 Independent Auditor's Report Disclaimer regarding roundings Due to rounding, numbers presented may not add up precisely to the totals provided and percentages may not precisely reflect the absolute figures. TO OUR INVESTORS Annual Report 2020 – Allianz SE 1 A _ To our Investors SUPERVISORY BOARD REPORT Ladies and Gentlemen, During the financial year 2020, the Supervisory Board fulfilled all its duties and obligations as laid out in the company statutes and applicable law.
    [Show full text]
  • Facts and Figures. the Linde Financial Report 2007
    12,306 2,424 996 50,485 12,306 2,424 996 50,485 12,306 2,424 996 50,485 12,306 2,424 996 50,485 12,306 424 996 50,485 12,306 2,424 996 50,485 12,306 2,424 996 50,485 12,306 2,424 996 50,485 12,306 2,424 996 50,485 12,306 2,424 996 50,485 12,306 2,424 996 50,485 12,306 2,424 996 50,485 12,306 2,424 996 0,485 12,306 2,424 996 50,485 12,306 2,424 996 50,485 12,306 2,424 996 50,485 12,306 2,424 996 50,485 12,306 2,424 996 50,485 12,306 2,424 996 50,485 12,306 2,424 996 50,485 12,306 2,424 996 50,485 12,306 24 996 50,485 12,306 2,424 996 50,485 12,306 2,424 996 50,485 12,306 2,424 996 50,485 12,306 2,424 96 50,485 12,306 2,424 996 50,485 12,306 2,424 996 50,485 12,306 2,424 996 50,485 12,306 2,424 996 50,485 2,306 2,424 996 50,485 12,306 2,424 996 50,485 12,306 2,424 996 50,485 12,306 2,424 996 50,485 12,306 996 50,485 12,306 2,424 996 50,485 12,306 2,424 996 50,485 12,306 2,424 996 50,485 12,306 424 996 0,485 12,306 2,424 996 50,485 12,306 2,424 996 50,485 12,306 2,424 996 50,485 12,306 2,424 996 50,485 306 2,424 996 50,485 12,306 2,424 996 50,485 12,306 2,424 996 50,485 12,306 2,424 996 50,485 12,306 2,424 996 50,485 12,306 2,424 996 50,485 12,306 2,424 996 50,485 12,306 2,424 996 50,485 12,306 2,424 96 50,485 12,306 2,424 996 50,485 12,306 2,424 996 50,485 12,306 2,424 996 50,485 12,306 2,424 996 50,485 12,306 2,424 996 50,485 12,306 2,424 996 50,485 12,306 2,424 996 50,485 12,306 2,424 996 50,485 06 2,424 996 50,485 12,306 2,424 996 50,485 12,306 2,424 996 50,485 12,306 2,424 996 50,485 12,306 424 996 50,485 12,306 2,424 996 50,485 12,306
    [Show full text]
  • Bayer AG (Chairman) Daimler AG RWE AG (Chairman)
    Other Board memberships Members of the Supervisory Board of Linde Aktiengesellschaft are members of the following other German supervisory boards and comparable German and foreign boards: Dr Manfred Schneider Chairman of the Supervisory Board of Linde AG External offices: Bayer AG (Chairman) Daimler AG RWE AG (Chairman) Hans-Dieter Katte Deputy Chairman of the Supervisory Board of Linde AG, Chairman of the Pullach Works Council, Engineering Division, Linde AG Michael Diekmann Second Deputy Chairman of the Supervisory Board of Linde AG, Chairman of the Board of Management of Allianz SE External offices: BASF SE Siemens AG Group offices: Allianz Deutschland AG Allianz Global Investors AG (Chairman) o Group offices: Allianz S.p.A. Allianz France S.A. (Vice Chairman of the Administrative Board) Dr Gerhard Beiten Lawyer Dr Clemens Börsig Chairman of the Supervisory Board of Deutsche Bank AG External offices: Bayer AG Daimler AG Deutsche Bank AG (Chairman) o External offices: Emerson Electric Company (Member of the Board of Directors) Gernot Hahl Chairman of the Worms Works Council, Gases Division, Linde AG Thilo Kämmerer Trade Union Secretary of IG Metall External offices: KION GROUP GmbH KION Holding 1 GmbH Matthew F.C. Miau Chairman MiTAC-SYNNEX Group, Taiwan o External offices: BOC Lienhwa Industrial Gases Co. Ltd. (Member of the Board of Directors) Winbond Electronics Corp. (Member of the Board of Directors) o Group offices: Getac Technology Corporation (Member of the Board of Directors) Synnex Corporation (Member of the Board of Directors) Klaus-Peter Müller Chairman of the Supervisory Board of Commerzbank AG External offices: Commerzbank AG (Chairman) Fresenius SE & Co.
    [Show full text]
  • … for Our Customers and Shareholders Working Together … … for a Safer World … for Profitable Growth
    UK GB E0020Z0 (0/05)5. 02 eter Ginter (except page 4) page (except Ginter eter P on page 9. page on CONTENTS OF LE B TA the see Please Photography: www.allianz.com ea 4 93 941 99 34 89 +49 lefax Te lpoe+98 80 00 00 38 89 +49 elephone T 02 München 02 808 The Allianz Group is rated A++ by A.M. Best and AA+ by Standard & Poor’s. & Standard by AA+ and Best A.M. by A++ rated is Group Allianz The See Consolidated Financial Statements 2001 Statements Financial Consolidated See *) Königinstrasse 28 Königinstrasse Allianz AG Allianz 95 3622.0 – 369 20.2 307 Dividend paid Dividend mn ¤ 19 .50 20.0–1 1.25 50 1. share per Dividend ¤ 18 4.26 34.5 – 98.0 19.8 81.8 end year at capitalization Market bn ¤ 16 26633.3 – 399 19.3 334 end year at price Share ¤ on page on in % in % in information previous year year previous previous More THE ALLIANZ SHARE ALLIANZ THE 2001 Change from 2000 Change from from 1999 Change 2000 Change 2001 for a safer world safer a for … for profitable growth profitable for … Adjusted to U.S. Listing and IAS SIC 12 SIC IAS and Listing U.S. to Adjusted 1) 147 Employees 179,946 50.4 119,683 5.5 113,472 19 6.6652.8 – 14.10 49.0 9.46 Earnings per share per Earnings ¤ Return on equity after taxes after equity on Return 4.854.5 – 10.6 25.2 8.5 % 43 35.6 19.9 29.7 1.1 1 7– 31.
    [Show full text]
  • Qualitative Analysis
    QUALITATIVE AND QUANTITATIVE ANALYSIS OF BASF SE Authors (Universitat de Barcelona): Jaume Bargalló Alemany Daniel Miravet Campos Albert Torra Nonell EDITOR: Jordi Marti Pidelaserra (Dpt. Comptabilitat, Universitat Barcelona) Qualitative Analysis QUALITATIVE ANALYSIS 1 Qualitative Analysis INDEX Introduction …………………………………………………………………………………….. 2 General presentation …………………………………………………………….…………. 2 Areas of activity …………………………………………………………………….…………. 2 Business by regions ………………………………………………………………..………… 7 Stakeholders ……………………………………………………………………………..…….. 9 Competitors ………………………………………………………………………………..…… 16 Organizational structure ………………………………………………………………..… 17 Mergers, acquisitions and investments of the last 4 years ……………….. 23 Conclusions …………………………………………………………………………………..…. 25 2 Qualitative Analysis INTRODUCTION What is the first thing that comes to your mind when you hear the word BASF? Probably some of the readers will have a broad knowledge about this firm, others may have heard or read something at some time of their life, and others will have no idea about it... Well, our report is basically focused on the second and third scope of people I have mentioned, since our main purpose is to make a broad analysis of the firm and that after our exposition everyone has a global idea of what this company is, what kind of products they offer, in which sectors does it operate, as well as its stakeholders, internal structure and other more specific aspects which are also indispensable to understand the situation and position of BASF in the contemporary world. However, this analysis will consist of qualitative aspects rather than quantitative ones. GENERAL PRESENTATION BASF, German company which was founded on 6 April 1865 in Mannheim, is one of the world’s leading chemical companies. With about 113,000 employees, six “Verbund” sites and approximately 380 additional production sites worldwide; BASF serves customers and partners in almost all countries of the world.
    [Show full text]
  • Invitation to the Annual Meeting on April 30, 2009
    Invitation to the Annual Meeting on April 30, 2009 BASF SE Annual Meeting of BASF SE on April 30, 2009 1110309_Korr_Einladung_HV_09_e.indd10309_Korr_Einladung_HV_09_e.indd 1 111.03.20091.03.2009 118:48:468:48:46 UUhrhr March 18, 2009 Dear Shareholders! Please accept our cordial invitation to this year’s General The other gentlemen who have been nominated for Meeting of BASF SE on Thursday, April 30, 10:00 a.m., election have been members of the Supervisory Board to at the Congress Center Rosengarten, Rosengartenplatz 2, date. The six employee representatives on the Supervisory 68161 Mannheim, Germany. Board are appointed by the employees in accordance with the provisions of the agreement on the participation of the With this letter you will find the notice of the General employees of November 15, 2007. Meeting which was published in the electronic Federal German Gazette with the detailed Agenda of the General In the event of his election to the Supervisory Board, the Meeting required by law and a report by the Board of Supervisory Board proposes Dr. h. c. Voscherau as candi- Executive Directors. date for the chairmanship of the Supervisory Board. Regarding Item 7 of the Agenda, we refer to the detailed We would like to provide the following supplementary report that is printed at the end of the notice of the General information on Items 2 and 6 to 9 of the Agenda: Meeting. In 2008, we bought back a total of 37,891,306 shares Under Item 8 of the Agenda, amendments of Article 10 of using the buyback authorizations granted by the General the Statutes are proposed.
    [Show full text]
  • PI Allianz Pitch EN V7 FINAL
    Allianz SE Group Communications Press Allianz Group awards its global brand communication account to Grey Global consolidation of global agency set up in Team Allianz@Grey Close integration of brand and business The decision has been made: Grey has been awarded the bid to oversee the Allianz Group’s worldwide brand communication and will assume this task at the beginning of 2010. London- based Grey won ahead of DDB in the final round of the pitch, which began in spring 2009. BBDO, the account holder to date, and Young & Rubicam, were removed from competition in the previous round. BBDO’s contract will expire at the end of the year. The Allianz entities involved in the pitch will begin working with Grey at the beginning of 2010. Those entities are Allianz SE, Allianz Global Investors (AGI), Allianz Global Corporate & Specialty (AGCS) and Allianz Deutschland AG. In a step-by-step process, Allianz’s other operating companies will follow suit throughout 2010. The account covers the areas Brand Communication, Digital, Internal Engagement, Corporate Design, Sponsoring, and the Allianz Group’s media budget. Led by David Patton, the Grey team won the pitch because it best displayed the ability to meet the future requirements of the Allianz Group, explains Steven Althaus, Senior Vice President Global Brand Management at Allianz SE. “Grey presented the best strategy for a close integration of our brand and business, along with a road map for the new positioning of our brand communication. They also showed a strong commitment to creative excellence.” The cornerstones of the strategy are vertical integration and a stronger content-related exchange between the globally operating teams and the local teams, both on the agency side and within Allianz.
    [Show full text]