Research background: At the beginning of this century, the eSports industry was not yet a major player although it already existed as a niche of video and computer games. The importance and interest only began to increase with the rise of the internet and its infrastructure. Especially among the younger generation, eSports, today, has a significant meaning. Worldwide, professional players duel each other in countless tournaments online and offline and are enthusiastically celebrated by their millions of fans. Purpose of the article: The purpose of this paper is to analyze how eSports has developed in recent years since its first boom phase as well as to analyze its growth factors and how it has benefited from the COVID-19 pandemic compared to traditional competitive sports. Methods: The global eSports revenues and prize money values are analyzed. The first step is defining the eSports term. The second is looking at the development of eSports financials since its first boom and onward. The COVID-19 pandemic and its impacts are then looked at. Finally, growth factors for the increasing numbers are analyzed. Findings & Value added: The findings show that eSports has gained significant importance in recent years. In particular, the strong increase in global eSports revenue and the associated increase in players’ prize money clearly show that eSports will continue to gain importance and economic strength in the future.
Research background: With countless standards and rankings for moral behavior of large companies on one side and corporate scandals of immoral actions on the other, the question arises whether it is important at all for stock corporations to keep a clean slate or whether their value might not even be affected by emerging scandals. Purpose of the article: This paper analyzes whether and how the stock market reacts to newly published news about immoral behavior by stock corporations. It shows the reactions of stock prices to morality scandals for 39 different companies that have all been exposed for immoral behavior. Methods: After establishing a standard time window around the event day of the emerging news, the stock reaction is analyzed by estimating the selected companies’ share prices based on their past and then comparing the estimated values to the actual values on and after the event day. Findings & Value added: While the overall finding is that stock prices do not react to their companies’ scandals with statistical significance, it is shown that the stock prices of smaller companies are affected more than those of the bigger example companies. It can therefore still be recommended for companies to build a good reputation by showing responsible behavior.
Research background: The publication of data in Germany introduces a paradigm shift in public administrations. The data silos of the administrations are thus being opened up piece by piece. There are many possible applications for these data. Optimized location determination for trade, production, and services is one of these many possible applications. It has been shown that the provision of open data can achieve economic effects and set value chains in motion. The value creation effects can arise directly, indirectly, or downstream. Public data can thus become a relevant location factor for regions and cities. Purpose of the article: The various implications of opening up data in context with location determination will be examined in this article. This will be done from an economic perspective, highlighting the positive externalities of open data. Methods: The published data of administrations will be analyzed based on a German data bank of 12,020 datasets concerning their relevance for determining location. For this purpose, hard and soft location criteria will be defined in advance. Findings & Value added: The result of the study will be a newly developed publication strategy for German public administrations on location criteria. With the help of this publication strategy, open data should function as a location advantage and initiate value creation effects.
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