Adrian Schmid Book order

The thesis examines the significant effects of macroeconomic shocks, particularly highlighted by the recent global financial crisis, on various economic sectors. It discusses the resulting distortions that led to widespread declines in trade, output, and employment, emphasizing the interconnectedness of financial systems and their vulnerability to such shocks. Through this analysis, the work contributes to understanding the implications for investment and finance within the context of macroeconomic stability.

Focusing on the measurement of distance in management research, this thesis critiques existing frameworks for being overly broad and poorly interconnected, hindering the development of essential constructs. It highlights the prevalent disagreements among researchers and offers suggestions for improving distance measures. By promoting innovative thinking and providing a balanced perspective, the paper aims to foster a more nuanced understanding of the topic without favoring one construct over another.