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German Industrial Strategy in Turbulence: Corporate Governance and Managerial Hierarchies in Lufthansa

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  • Mark Lehrer

Abstract

This paper examines a feature of German industrial organisation, namely the patterns of supplier networks established by the automotive industry in East Germany, using Ope1 and VW in Zwickau and Eisenach as case studies. The paper argues that these networks depart from a 'regional' public policy framework developed over time in Germany, and place the risks of adjustment more directly on supplier firms, placing less emphasis on para-public institutions to accommodate change.

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  • Mark Lehrer, 1997. "German Industrial Strategy in Turbulence: Corporate Governance and Managerial Hierarchies in Lufthansa," Industry and Innovation, Taylor & Francis Journals, vol. 4(1), pages 115-140.
    • Handle: RePEc:taf:indinn:v:4:y:1997:i:1:p:115-140
    DOI: 10.1080/13662719700000007
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    References listed on IDEAS

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    1. Mayer, Colin & Alexander, Ian, 1990. "Banks and securities markets: Corporate financing in Germany and the United Kingdom," Journal of the Japanese and International Economies, Elsevier, vol. 4(4), pages 450-475, December.
    2. Alexander, Ian & Mayer, Colin, 1990. "Banks and Securities Markets: Corporate Financing in Germany and the UK," CEPR Discussion Papers 433, C.E.P.R. Discussion Papers.
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    Cited by:

    1. Hovey, Martin & Naughton, Tony, 2007. "A survey of enterprise reforms in China: The way forward," Economic Systems, Elsevier, vol. 31(2), pages 138-156, June.
    2. Steven Casper;Hannah Kettler, 2000. "The Road to Sustainability in the UK and German Biotechnology Industries," Monograph 000466, Office of Health Economics.
    3. Steven Casper & Catherine Matraves, 1997. "Corporate Governance and Firm Strategy in the Pharmaceutical Industry," CIG Working Papers FS IV 97-20, Wissenschaftszentrum Berlin (WZB), Research Unit: Competition and Innovation (CIG).
    4. Casper, Steven, 1999. "High technology governance and institutional adaptiveness: do technology policies usefully promote commercial innovation within the German biotechnology industry?," Discussion Papers, Research Unit: Economic Change and Employment FS I 99-307, WZB Berlin Social Science Center.
    5. Klaus Brockhoff, 2006. "Technologischer Wandel und Corporate Governance," Schmalenbach Journal of Business Research, Springer, vol. 58(54), pages 7-31, January.
    6. Casper, Steven & Matraves, Catherine, 2003. "Institutional frameworks and innovation in the German and UK pharmaceutical industry," Research Policy, Elsevier, vol. 32(10), pages 1865-1879, December.
    7. Lehrer, Mark & Darbishire, Owen, 1997. "The performance of economic institutions in a dynamic environment: air transport and telecommunications in Germany and Britain," Discussion Papers, Research Unit: Economic Change and Employment FS I 97-301, WZB Berlin Social Science Center.

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