Disclosure Statement

Independence matters for credible research. In the interest of transparency, I disclose my sources of income and potential conflicts of interest.

I follow the NBER Research Disclosure Policy. No relationship, other than my salary from the University of Mannheim and, previously, London Business School, has accounted for more than 10% of my income in any given year.

In the past, I have received compensation for PhD-level teaching and research presentations at universities abroad, honoraria for academic peer-review work and research blogs, as well as executive-education compensation from my respective institution. All of this has accounted for less than 5% of my university-based income in any given year.

I have nothing further to disclose.