Christian Reiner, senior researcher at LBS, has co-authored with Christian Bellak, Professor of economics at the Vienna University of Economics and Business, three blogposts on the new power of firms in Europe and in the US. The three essays (in German) are now available as a Working Paper No 4 as part of the LBS working paper series.
We are very excited to present the output of our Graduate Research Assistant Program at Lauder Business School. In the past academic year Prof. (FH) Dr. Armin Kammel, LL.M. (London), MBA (CLU) Ehrenprofessor (Donau-Universität Krems) collaborated with two Lauder Business School master students from the Banking, Finance and Compliance (BFC) program, Evgeniia Chukhareva (BFC15) and Ermina Prnjavorac (BFC16).
The rising power of firms is a major topic for economists and business scholars. While managers try to gain market power by applying several (legal and sometimes even illegal) strategies, society may suffer from welfare losses and higher inequality as a result. While these issues are more discussed in the US than in Europe, an increasing number of publications are devoted to the analysis of corporate power and its consequences within Europe.
Publications and presentations are important output of applied economic research at Lauder Business School. Depending on the audience and type of journal, the aim can be either to participate in the scientific debate or to inform the wider public of new research results and discuss its social relevance.
Furtenbach is a chemical company and its core business lies in the field of resins and coatings. It is the third largest company in Europe in its branch. Just to provide a snapshot on its relevance, there is at least one element in every vehicle that was manufactured with the help of its final products.
Winkelbauer GmbH, an Austrian medium-size company which specializes in distributing premium international nutrition brands in Austria, requested support of the Lauder Business School to analyze the development of retailable produce in Austria. Winkelbauer GmbH would like to include the findings and results of this project in their future marketing concepts.