TY - BOOK A1 - Gell, Sebastian T1 - Determinants of earnings forecast error, earnings forecast revision and earnings forecast accuracy N2 - ​Earnings forecasts are ubiquitous in today’s financial markets. They are essential indicators of future firm performance and a starting point for firm valuation. Extremely inaccurate and overoptimistic forecasts during the most recent financial crisis have raised serious doubts regarding the reliability of such forecasts. This thesis therefore investigates new determinants of forecast errors and accuracy. In addition, new determinants of forecast revisions are examined. More specifically, the thesis answers the following questions: 1) How do analyst incentives lead to forecast errors? 2) How do changes in analyst incentives lead to forecast revisions?, and 3) What factors drive differences in forecast accuracy? Y1 - 2012 SN - 978-3-8349-3936-4 SN - 978-3-8349-3937-1 U6 - https://doi.org/10.1007/978-3-8349-3937-1 N1 - Titel in der Buchreihe: Quantitatives Controlling PB - Springer Gabler CY - Wiesbaden ER - TY - JOUR A1 - Klettke, Tanja A1 - Homburg, Carsten A1 - Gell, Sebastian T1 - How to measure analyst forecast effort JF - European Accounting Review N2 - We introduce a new way to measure the forecast effort that analysts devote to their earnings forecasts by measuring the analyst's general effort for all covered firms. While the commonly applied effort measure is based on analyst behaviour for one firm, our measure considers analyst behaviour for all covered firms. Our general effort measure captures additional information about analyst effort and thus can identify accurate forecasts. We emphasise the importance of investigating analyst behaviour in a larger context and argue that analysts who generally devote substantial forecast effort are also likely to devote substantial effort to a specific firm, even if this effort might not be captured by a firm-specific measure. Empirical results reveal that analysts who devote higher general forecast effort issue more accurate forecasts. Additional investigations show that analysts' career prospects improve with higher general forecast effort. Our measure improves on existing methods as it has higher explanatory power regarding differences in forecast accuracy than the commonly applied effort measure. Additionally, it can address research questions that cannot be examined with a firm-specific measure. It provides a simple but comprehensive way to identify accurate analysts. Y1 - 2015 U6 - https://doi.org/10.1080/09638180.2014.909291 SN - 0963-8180 VL - 24 IS - 1 SP - 129 EP - 146 PB - Taylor & Francis CY - London ER - TY - CHAP A1 - Klöser, Lars A1 - Kohl, Philipp A1 - Kraft, Bodo A1 - Zündorf, Albert T1 - Multi-attribute relation extraction (MARE): simplifying the application of relation extraction T2 - Proceedings of the 2nd International Conference on Deep Learning Theory and Applications DeLTA - Volume 1 N2 - Natural language understanding’s relation extraction makes innovative and encouraging novel business concepts possible and facilitates new digitilized decision-making processes. Current approaches allow the extraction of relations with a fixed number of entities as attributes. Extracting relations with an arbitrary amount of attributes requires complex systems and costly relation-trigger annotations to assist these systems. We introduce multi-attribute relation extraction (MARE) as an assumption-less problem formulation with two approaches, facilitating an explicit mapping from business use cases to the data annotations. Avoiding elaborated annotation constraints simplifies the application of relation extraction approaches. The evaluation compares our models to current state-of-the-art event extraction and binary relation extraction methods. Our approaches show improvement compared to these on the extraction of general multi-attribute relations. Y1 - 2021 SN - 978-989-758-526-5 U6 - https://doi.org/10.5220/0010559201480156 N1 - 2nd International Conference on Deep Learning Theory and Applications, DeLTA2021, July 7-9, 2021 SP - 148 EP - 156 PB - SciTePress CY - Setúbal ER - TY - CHAP A1 - Adenacker, J. A1 - Gerhards, Benjamin A1 - Otten, Christian A1 - Schleser, Markus T1 - Laserstrahlschweißen von Aluminium-Kupfer-Werkstoffkombinationen für die Elektromobilität T2 - DVS CONGRESS 2021 Y1 - 2021 SN - 978-3-96144-146-4 N1 - DVS CONGRESS 2021, 14. – 17. September 2021, Essen. Große Schweißtechnische Tagung 2021, DVS CAMPUS 2021. DVS Berichte, Band: 371 SP - 31 EP - 38 PB - DVS Media GmbH CY - Düsseldorf ER - TY - JOUR A1 - Timme, Michael T1 - Rechtsprechungsübersicht zum Wohnraummietrecht JF - Monatsschrift für Deutsches Recht Y1 - 2021 U6 - https://doi.org/10.9785/mdtr-2021-750113 SN - 2194-4202 VL - 75 IS - 1 SP - 6 EP - 11 PB - Verlag Dr. Otto Schmidt CY - Köln ER - TY - BOOK A1 - Timme, Michael T1 - BGB Crashkurs: der sichere Weg durch die Prüfung N2 - Dieser "Crashkurs" eignet sich ausgezeichnet für die kompakte Wiederholung und die zielgerichtete Prüfungsvorbereitung. Das Buch ist aufgrund seiner fallbezogenen Ausrichtung vor allem für Anfänger gedacht, eignet sich aber auch für fortgeschrittene Studierende zur kompakten Wiederholung. Einfache Merksätze, Fälle, Übersichten, Definitionen und kurze Zusammenfassungen lassen sich leicht einprägen und geben Sicherheit für die Prüfung. Vorteile auf einen Blick: Das wichtigste BGB-Know-how als Repetitorium vor der Prüfung, mit erprobten Merksätzen und kurzen Zusammenfassungen, Fall für Fall sicher durch die Prüfung Y1 - 2021 SN - 978-3-406-77349-5 PB - C.H. Beck CY - München ET - 6. Auflage ER - TY - BOOK A1 - Timme, Michael T1 - WEG - Wohnungeigentumsgesetz / Hrsg. von Michael Timme . Stand 01.02.2020 ; Edition: 40 Y1 - 2020 N1 - Beck´scher Online-Kommentar WEG (Hrsg.: Timme) PB - Beck CY - München ER - TY - BOOK A1 - Timme, Michael T1 - WEG - Wohnungeigentumsgesetz / Hrsg. von Michael Timme . Stand: 01.05.2020 ; Edition 41 Y1 - 2020 N1 - Beck´scher Online-Kommentar WEG (Hrsg.: Timme) PB - Beck CY - München ER - TY - CHAP A1 - Kohl, Philipp A1 - Schmidts, Oliver A1 - Klöser, Lars A1 - Werth, Henri A1 - Kraft, Bodo A1 - Zündorf, Albert T1 - STAMP 4 NLP – an agile framework for rapid quality-driven NLP applications development T2 - Quality of Information and Communications Technology. QUATIC 2021 N2 - The progress in natural language processing (NLP) research over the last years, offers novel business opportunities for companies, as automated user interaction or improved data analysis. Building sophisticated NLP applications requires dealing with modern machine learning (ML) technologies, which impedes enterprises from establishing successful NLP projects. Our experience in applied NLP research projects shows that the continuous integration of research prototypes in production-like environments with quality assurance builds trust in the software and shows convenience and usefulness regarding the business goal. We introduce STAMP 4 NLP as an iterative and incremental process model for developing NLP applications. With STAMP 4 NLP, we merge software engineering principles with best practices from data science. Instantiating our process model allows efficiently creating prototypes by utilizing templates, conventions, and implementations, enabling developers and data scientists to focus on the business goals. Due to our iterative-incremental approach, businesses can deploy an enhanced version of the prototype to their software environment after every iteration, maximizing potential business value and trust early and avoiding the cost of successful yet never deployed experiments. KW - Machine learning KW - Process model KW - Natural language processing Y1 - 2021 SN - 978-3-030-85346-4 SN - 978-3-030-85347-1 U6 - https://doi.org/10.1007/978-3-030-85347-1_12 N1 - International Conference on the Quality of Information and Communications Technology, QUATIC 2021, 8-11 September, Algarve, Portugal SP - 156 EP - 166 PB - Springer CY - Cham ER - TY - CHAP A1 - Schmidts, Oliver A1 - Kraft, Bodo A1 - Winkens, Marvin A1 - Zündorf, Albert T1 - Catalog integration of heterogeneous and volatile product data T2 - DATA 2020: Data Management Technologies and Applications N2 - The integration of frequently changing, volatile product data from different manufacturers into a single catalog is a significant challenge for small and medium-sized e-commerce companies. They rely on timely integrating product data to present them aggregated in an online shop without knowing format specifications, concept understanding of manufacturers, and data quality. Furthermore, format, concepts, and data quality may change at any time. Consequently, integrating product catalogs into a single standardized catalog is often a laborious manual task. Current strategies to streamline or automate catalog integration use techniques based on machine learning, word vectorization, or semantic similarity. However, most approaches struggle with low-quality or real-world data. We propose Attribute Label Ranking (ALR) as a recommendation engine to simplify the integration process of previously unknown, proprietary tabular format into a standardized catalog for practitioners. We evaluate ALR by focusing on the impact of different neural network architectures, language features, and semantic similarity. Additionally, we consider metrics for industrial application and present the impact of ALR in production and its limitations. Y1 - 2021 SN - 978-3-030-83013-7 U6 - https://doi.org/10.1007/978-3-030-83014-4_7 N1 - International Conference on Data Management Technologies and Applications, DATA 2020, 7-9 July SP - 134 EP - 153 PB - Springer CY - Cham ER - TY - CHAP A1 - Meck, Marvin M. A1 - Müller, Tim M. A1 - Altherr, Lena A1 - Pelz, Peter F. T1 - Improving an industrial cooling system using MINLP, considering capital and operating costs T2 - Operations Research Proceedings 2019 N2 - The chemical industry is one of the most important industrial sectors in Germany in terms of manufacturing revenue. While thermodynamic boundary conditions often restrict the scope for reducing the energy consumption of core processes, secondary processes such as cooling offer scope for energy optimisation. In this contribution, we therefore model and optimise an existing cooling system. The technical boundary conditions of the model are provided by the operators, the German chemical company BASF SE. In order to systematically evaluate different degrees of freedom in topology and operation, we formulate and solve a Mixed-Integer Nonlinear Program (MINLP), and compare our optimisation results with the existing system. KW - Engineering optimisation KW - Mixed-integer programming KW - Industrial optimisation KW - Cooling system KW - Process engineering Y1 - 2020 SN - 978-3-030-48438-5 (Print) SN - 978-3-030-48439-2 (Online) U6 - https://doi.org/10.1007/978-3-030-48439-2_61 N1 - Annual International Conference of the German Operations Research Society (GOR), Dresden, Germany, September 4-6, 2019. SP - 505 EP - 512 PB - Springer CY - Cham ER - TY - JOUR A1 - Müller, Tim M. A1 - Leise, Philipp A1 - Lorenz, Imke-Sophie A1 - Altherr, Lena A1 - Pelz, Peter F. T1 - Optimization and validation of pumping system design and operation for water supply in high-rise buildings JF - Optimization and Engineering N2 - The application of mathematical optimization methods for water supply system design and operation provides the capacity to increase the energy efficiency and to lower the investment costs considerably. We present a system approach for the optimal design and operation of pumping systems in real-world high-rise buildings that is based on the usage of mixed-integer nonlinear and mixed-integer linear modeling approaches. In addition, we consider different booster station topologies, i.e. parallel and series-parallel central booster stations as well as decentral booster stations. To confirm the validity of the underlying optimization models with real-world system behavior, we additionally present validation results based on experiments conducted on a modularly constructed pumping test rig. Within the models we consider layout and control decisions for different load scenarios, leading to a Deterministic Equivalent of a two-stage stochastic optimization program. We use a piecewise linearization as well as a piecewise relaxation of the pumps’ characteristics to derive mixed-integer linear models. Besides the solution with off-the-shelf solvers, we present a problem specific exact solving algorithm to improve the computation time. Focusing on the efficient exploration of the solution space, we divide the problem into smaller subproblems, which partly can be cut off in the solution process. Furthermore, we discuss the performance and applicability of the solution approaches for real buildings and analyze the technical aspects of the solutions from an engineer’s point of view, keeping in mind the economically important trade-off between investment and operation costs. KW - Technical Operations Research KW - MINLP KW - MILP KW - Experimental validation KW - Pumping systems Y1 - 2020 U6 - https://doi.org/10.1007/s11081-020-09553-4 SN - 1573-2924 VL - 2021 IS - 22 SP - 643 EP - 686 PB - Springer ER - TY - CHAP A1 - Müller, Tim M. A1 - Altherr, Lena A1 - Leise, Philipp A1 - Pelz, Peter F. T1 - Optimization of pumping systems for buildings: Experimental validation of different degrees of model detail on a modular test rig T2 - Operations Research Proceedings 2019 N2 - Successful optimization requires an appropriate model of the system under consideration. When selecting a suitable level of detail, one has to consider solution quality as well as the computational and implementation effort. In this paper, we present a MINLP for a pumping system for the drinking water supply of high-rise buildings. We investigate the influence of the granularity of the underlying physical models on the solution quality. Therefore, we model the system with a varying level of detail regarding the friction losses, and conduct an experimental validation of our model on a modular test rig. Furthermore, we investigate the computational effort and show that it can be reduced by the integration of domain-specific knowledge. KW - Experimental validation KW - MINLP KW - Engineering optimization KW - Water supply system KW - Network design Y1 - 2020 SN - 978-3-030-48438-5 U6 - https://doi.org/10.1007/978-3-030-48439-2_58 N1 - Annual International Conference of the German Operations Research Society (GOR), Dresden, Germany, September 4-6, 2019 SP - 481 EP - 488 PB - Springer CY - Cham ER - TY - JOUR A1 - Altherr, Lena A1 - Leise, Philipp A1 - Pfetsch, Marc E. A1 - Schmitt, Andreas T1 - Algorithmic design and resilience assessment of energy efficient high-rise water supply systems JF - Applied Mechanics and Materials N2 - High-rise water supply systems provide water flow and suitable pressure in all levels of tall buildings. To design such state-of-the-art systems, the consideration of energy efficiency and the anticipation of component failures are mandatory. In this paper, we use Mixed-Integer Nonlinear Programming to compute an optimal placement of pipes and pumps, as well as an optimal control strategy.Moreover, we consider the resilience of the system to pump failures. A resilient system is able to fulfill a predefined minimum functionality even though components fail or are restricted in their normal usage. We present models to measure and optimize the resilience. To demonstrate our approach, we design and analyze an optimal resilient decentralized water supply system inspired by a real-life hotel building. KW - MINLP KW - Buffering Capacity KW - Uncertainty KW - Water Supply Networks KW - Booster Stations Y1 - 2018 U6 - https://doi.org/10.4028/www.scientific.net/AMM.885.211 SN - 1662-7482 VL - 885 SP - 211 EP - 223 PB - Trans Tech Publications CY - Bäch ER - TY - JOUR A1 - Zabirov, Alexander A1 - Schleser, Markus A1 - Bucherer, Sebastian T1 - Füge- und Dichtkonzept für einen Leichtbauverbrennungsmotor JF - adhäsion KLEBEN & DICHTEN Y1 - 2021 U6 - https://doi.org/10.1007/s35145-021-0531-5 SN - 2192-8681 VL - 65 IS - 11 SP - 12 EP - 19 PB - Springer Nature CY - Cham ER - TY - CHAP A1 - Pfetsch, Marc E. A1 - Abele, Eberhard A1 - Altherr, Lena A1 - Bölling, Christian A1 - Brötz, Nicolas A1 - Dietrich, Ingo A1 - Gally, Tristan A1 - Geßner, Felix A1 - Groche, Peter A1 - Hoppe, Florian A1 - Kirchner, Eckhard A1 - Kloberdanz, Hermann A1 - Knoll, Maximilian A1 - Kolvenbach, Philip A1 - Kuttich-Meinlschmidt, Anja A1 - Leise, Philipp A1 - Lorenz, Ulf A1 - Matei, Alexander A1 - Molitor, Dirk A. A1 - Niessen, Pia A1 - Pelz, Peter F. A1 - Rexer, Manuel A1 - Schmitt, Andreas A1 - Schmitt, Johann M. A1 - Schulte, Fiona A1 - Ulbrich, Stefan A1 - Weigold, Matthias T1 - Strategies for mastering uncertainty T2 - Mastering uncertainty in mechanical engineering N2 - This chapter describes three general strategies to master uncertainty in technical systems: robustness, flexibility and resilience. It builds on the previous chapters about methods to analyse and identify uncertainty and may rely on the availability of technologies for particular systems, such as active components. Robustness aims for the design of technical systems that are insensitive to anticipated uncertainties. Flexibility increases the ability of a system to work under different situations. Resilience extends this characteristic by requiring a given minimal functional performance, even after disturbances or failure of system components, and it may incorporate recovery. The three strategies are described and discussed in turn. Moreover, they are demonstrated on specific technical systems. Y1 - 2021 SN - 978-3-030-78353-2 U6 - https://doi.org/10.1007/978-3-030-78354-9_6 N1 - Part of the Springer Tracts in Mechanical Engineering book series (STME) SP - 365 EP - 456 PB - Springer CY - Cham ER - TY - JOUR A1 - Olbertz, Klaus T1 - Wichtige arbeitsrechtliche Entwicklungen im Jahr 2020 : Der Jahresrückblick auf alles Wissenswerte im Arbeitsrecht des vergangenen Jahres JF - NWB - Steuer- und Wirtschaftsrecht N2 - Im Anschluss an die arbeitsrechtlichen Jahresübersichten der vergangenen Jahre (NWB 5/2019 S. 266; NWB 8/2020 S. 557) gibt der nachfolgende Beitrag einen Überblick über relevante Entwicklungen im Arbeitsrecht des Jahres 2020. Der erste Teil beschäftigt sich hierbei mit gesetzlichen Änderungen. Neben Regelungen, die auf die COVID-19-Pandemie zurückgeführt werden können, hat der Gesetzgeber auch andere Vorhaben umgesetzt. So wurde u. a. das Arbeitnehmerentsenderecht reformiert. Für Diskussionen sorgt(e) zudem das Gesetzesvorhaben zur Regelung mobiler Arbeit. Im zweiten Teil werden für die Praxis wichtige höchstrichterliche Gerichtsentscheidungen zum Arbeitsrecht erläutert, alphabetisch sortiert von A (wie Antidiskriminierungsrecht) bis U (wie Urlaub). Y1 - 2021 SN - 0028-3460 IS - 10 SP - 703 EP - 715 ER - TY - JOUR A1 - Olbertz, Klaus T1 - Die Flexibilisierung von Arbeitszeit durch den Abruf von Arbeit : Möglichkeiten und Grenzen arbeitsvertraglicher Gestaltung zur Vermeidung von „Leerlaufzeiten“ JF - NWB - Steuer- und Wirtschaftsrecht N2 - Die Arbeitswelt ist im Umbruch. Der Bedarf an flexiblen Arbeitszeitmodellen nimmt stetig zu, wobei die Corona-Pandemie dieses Bedürfnis nochmals verschärft hat. Gerade auch in kleineren und mittleren Unternehmen wächst die Notwendigkeit, den Einsatz der Beschäftigten möglichst bedarfsgerecht zu steuern, also bei guter Auftragslage mehr Arbeitszeit abzurufen und bei ausbleibenden Aufträgen die Arbeitszeit zu reduzieren und somit bezahlte „Leerlaufzeiten“ zu vermeiden. Der Gesetzgeber stellt den Arbeitgebern hierfür das Instrument der sog. Abrufarbeit ( § 12 Teilzeit- und Befristungsgesetz – TzBfG ) zur Verfügung. In dem nachfolgenden Beitrag werden Möglichkeiten und Grenzen der Abrufarbeit skizziert und konkrete arbeitsvertragliche Gestaltungsmöglichkeiten aufgezeigt. Y1 - 2021 SN - 0028-3460 IS - 15 SP - 1055 EP - 1063 ER - TY - JOUR A1 - Olbertz, Klaus T1 - Vertragsgestaltungen bei der Beschäftigung von Rentnern in Unternehmen : (Befristete) Beschäftigungsverhältnisse als sinnvolles Instrument zum Schließen von Personallücken JF - NWB - Steuer- und Wirtschaftsrecht Y1 - 2021 SN - 0028-3460 IS - 25 SP - 1810 EP - 1817 ER - TY - GEN A1 - Olbertz, Klaus T1 - Sozialversicherungspflicht eines Minderheitsgesellschafter-Geschäftsführers einer Familiengesellschaft T2 - Gesellschafts- und Wirtschaftsrecht : GWR Y1 - 2019 SN - 1868-1816 N1 - Anmerkung zum Beschluss des LSG Niedersachsen-Bremen v. 20.12.2018 – L 12 BA 23/18 B ER IS - 3 SP - 48 EP - 48 ER -