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Company Size vs. Attractiveness of Company Pension Schemes Following the Introduction of the German Occupational Strengthening Pensions Act

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  • Zsuzsanna Pálffy

    (Széchenyi István University, Győr, Hungary)

Abstract

The criticism of neoclassical economic behaviour, the changing company-space dynamics, the effects of globalization, and the cultural turn have stimulated new trends in social sciences. In recent decades, the concept of embeddedness has evolved significantly and now holds a solid place in regional economics and economic geography; however, interdisciplinary studies remain common. This review article examines the interaction between corporate embeddedness and culture, aiming to demonstrate how previous research has interpreted culture's role in embeddedness. A comprehensive literature analysis, the primary question addressed is how corporate practices and cultural norms develop in a specific socio-cultural context. The review's novelty lies in its dual approach to culture's role in embeddedness. On one hand, it explores the value and norm system of embeddedness, focusing on culture's role in limiting social practices. On the other hand, it discusses culture's role in the interactions of the embedding process at all levels of embeddedness and culture. The literature indicates that the culture of both the company and the receiving space – including trust levels, openness, willingness to settle, and receptiveness – determines the success of embeddedness.

Suggested Citation

  • Zsuzsanna Pálffy, 2024. "Company Size vs. Attractiveness of Company Pension Schemes Following the Introduction of the German Occupational Strengthening Pensions Act," Economic Research Guardian, Weissberg Publishing, vol. 14(2), pages 73-87, December.
    • Handle: RePEc:wei:journl:v:14:y:2024:i:2:p:73-87
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    References listed on IDEAS

    as
    1. Jens Beckert, 2003. "Economic Sociology and Embeddedness: How Shall We Conceptualize Economic Action?," Journal of Economic Issues, Taylor & Francis Journals, vol. 37(3), pages 769-787, September.
    2. Mary Genevieve Billington & James Karlsen & Line Mathisen & Inger Beate Pettersen, 2017. "Unfolding the relationship between resilient firms and the region," European Planning Studies, Taylor & Francis Journals, vol. 25(3), pages 425-442, March.
    3. Cooke, Philip, 2001. "Regional Innovation Systems, Clusters, and the Knowledge Economy," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 10(4), pages 945-974, December.
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    More about this item

    Keywords

    Corporate embeddedness; Culture; Regional economics; Economic geography;
    All these keywords.

    JEL classification:

    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
    • Z10 - Other Special Topics - - Cultural Economics - - - General

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