Similar Search Results

Financial systems - importance, differences and convergence

Schmidt, Reinhard H.; Hryckiewicz, Aneta - 2006

This paper provides an overview of conceptual issues and recent research findings concerning the structure and the role of financial systems and an introduction into the new research area of comparative financial systems. The authors start by pointing out the importance of financial systems in...

Persistent link: https://www.econbiz.de/10010368570

Path Dependence, Corporate Governance and Complementarity

Schmidt, Reinhard H.; Spindler, Gerald - 2000

for the issue of rapid convergence to the best system. In addition, we introduce a formal concept of complementarity and … of systems composed of complementary elements are such that a rapid convergence towards a universally best corporate … complementarity, that there even is the possibility of a convergence towards a common system which is economically inferior. And in …

Persistent link: https://www.econbiz.de/10010316240

Finanzsystem und Komplementarität

Hackethal, Andreas; Schmidt, Reinhard H. - 2000

strong, there is a real possibility that the convergence of real-world financial systems, which many practitioners and … scholars currently believe will take place, is a convergence towards an inefficient system. …

Persistent link: https://www.econbiz.de/10010316263

Diversity in Finance: An Overview

Schmidt, Reinhard H. - In: Vierteljahrshefte zur Wirtschaftsforschung 87 (2018) 4, pp. 9-23

This paper aspires to provide an overview of the issue of diversity of banking and financial systems and its development over time from a positive and a normative perspective. In other word: how different are banks within a given country and how much do banking systems and entire financial...

Persistent link: https://www.econbiz.de/10012151381

Was ist und was braucht ein bedeutender Finanzplatz?

Schmidt, Reinhard H.; Grote, Michael H. - 2005

In this paper, we first discuss the notion of 'important financial centres' and the socioeconomic and political conditions which need to be fulfilled for such a centre to exist. We then address the issue of the so-called 'end of geography' which has attracted a lot of attention recently. Under...

Persistent link: https://www.econbiz.de/10010263313