Similar Search Results

Risikofaktoren und Multifaktormodelle für den Deutschen Aktienmarkt (Risk Factors and Multi-Factor Models for the German Stock Market)

Hanauer, Matthias; Kaserer, Christoph; Rapp, Marc Steffen - 2011

Der deutsche Aktienmarkt sah sich in den letzten 15 Jahren substantiellen Veränderungen gegenüber, welche unter anderem in eine zunehmende Internationalisierung und deutlich erhöhten Streubesitz mündeten. In der vorliegenden Arbeit untersuchen wir, inwieweit dies die aus klassischen...

Persistent link: https://www.econbiz.de/10010307494

Market efficiency reloaded: why insider trades do not reveal exploitable information

Dickgiesser, Sebastian; Kaserer, Christoph - 2008

Insider trading studies related to the German market have emphasized that outside investors may earn excess returns by mimicking the transactions of corporate directors. Such a result, provided that it holds, would constitute a serious violation of the efficient market hypothesis. The results...

Persistent link: https://www.econbiz.de/10010305695

The impact of managerial ownership, monitoring and accounting standard choice on accrual mispricing

Gegenfurtner, Bernhard; Ampenberger, Markus; Kaserer, … - 2009

first corroborate former results indicating that the accrual anomaly is also present in Germany. However, this anomaly seems …

Persistent link: https://www.econbiz.de/10010305701

Community development venture capital: concept and status quo in Germany

Achleitner, Ann-Kristin; Braun, Reiner; Bender, Marko; … - 2008

As most other countries, Germany also faces dramatic regional differences in terms of socioeconomic development. One … the general questions, whether there are regional gaps in the supply of VC in Germany? Whether these regional gaps do … geographically correspond to the most deprived areas in Germany, and which kind of VC companies are currently in place in order to …

Persistent link: https://www.econbiz.de/10010305706

Real Estate Private Equity: Funktion und Bedeutung einer Anlageklasse

Achleitner, Ann-Kristin; Wagner, Niklas - 2005

Real-Estate-Private-Equity (REPE)-Finanzierungen haben sich in den Vereinigten Staaten beginnend Ende der achtziger Jahre bis Ende der neunziger Jahre zu einer bedeutenden Finanzierungsform für Immobilienprojekte entwickelt. Investoren haben jüngst auch im deutschen Immobilienmarkt...

Persistent link: https://www.econbiz.de/10010305707

DAXplus Family – Primer on a family firm stock index in Germany

Achleitner, Ann-Kristin; Kaserer, Christoph; Kauf, Tobias; … - 2010

In January 2010 the Deutsche Börse Group introduced two family firm stock indices. Both indices are calculated as price and performance indices and extend the number of investment strategy indices of Deutsche Börse Group. The DAXplus Family is an all-share index whereas the DAXplus Family 30...

Persistent link: https://www.econbiz.de/10010305712

Private equity minority investments in large family firms: what influences the attitude of family firm owners?

Achleitner, Ann-Kristin; Schraml, Stephanie; Tappeiner, … - 2008

This paper extends research in the field of private equity investments in family firms. It contributes to the literature by fundamentally analyzing the decision criteria of family firm owners for using minority investments of private equity investors. This type of financing might be of great...

Persistent link: https://www.econbiz.de/10010305713

Economic consequences of private equity investments on the German stock market

Achleitner, Ann-Kristin; Andres, Christian; Betzer, André - 2008

= -1 to t = 0). In addition, we find that the wealth effects of PE investor involvement in Germany are positively related …

Persistent link: https://www.econbiz.de/10010305716

Entrepreneurship education in German speaking Europe: a mapping

Achleitner, Ann-Kristin; Kaserer, Christoph; Jarchow, Svenja - 2007

the agenda for universities around the world. In this study, we took a look at the higher education entrepreneurship … education landscape in German-speaking Europe. We have reviewed all universities, including the technical ones, across Germany …

Persistent link: https://www.econbiz.de/10010305720

The impact of order size on stock liquidity: a representative study

Stange, Sebastian; Kaserer, Christoph - 2008

Liquidity, the ease of trading an asset, strongly varies between different sizes of stock positions. We analyze this aspect using the Xetra Liquidity Measure (XLM), which calculates daily, weighted spread for impatient traders transacting against the limit order book. For this measure, we have...

Persistent link: https://www.econbiz.de/10010305721