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disclosure levels. The following dissertation expands this research by investigating Twitter dissemination in Germany, a country … the prevalence of Twitter as a dissemination channel has developed over time in Germany, (ii) what type of firms apply …
Persistent link: https://www.econbiz.de/10013550103
There is an active global debate on corporate governance. A few years ago, there was serious concern about whether US companies would be able to compete against the powerful corporate groupings supported by closely involved banks in the Far East. Now, following the collapse of the East Asian...
Persistent link: https://www.econbiz.de/10011502871
financial system in which there is intense competition among banks for private households' funds. Following earlier work by … contracts is restrained by households' financial market access. However, we also assume spatial monopolistic competition among … monopoly rents also entails a positive effect; however, this beneficial effect is only relevant if competition among banks does …
Persistent link: https://www.econbiz.de/10002917590
liquidity shocks. But in contrast to these approaches we assume spacial monopolistic competition among banks. Since monopoly … positive effect. But this beneficial effect is only relevant if competition among banks does not sufficiently restrain monopoly … rents already. Thus our results suggest that in the bank-dominated financial system of Germany, in which banks intensely …
Persistent link: https://www.econbiz.de/10003079140
Persistent link: https://www.econbiz.de/10012989326
financial system in which there is intense competition among banks for private households' funds. Following earlier work by … contracts is restrained by households' financial market access. However, we also assume spatial monopolistic competition among … monopoly rents also entails a positive effect; however, this beneficial effect is only relevant if competition among banks does …
Persistent link: https://www.econbiz.de/10014064410
Persistent link: https://www.econbiz.de/10012130637
How intense is market competition in the Chinese economy? We extend to China, the literature that measures the … intensity of market competition in terms of the persistence of firm profitability from year to year. The fundamental notion is … that intense competition will quickly evaporate any short run quasi-rents enjoyed by any company, and force each to revert …
Persistent link: https://www.econbiz.de/10013128111
Financial and industrial economists have increasingly recognized the interaction between product market competition and … financing decisions of firms. This paper analyzes the relationship between product market competition (measured by Tobin's Q … that there are significant differences in the debt ratios and product market competition across different industries. Our …
Persistent link: https://www.econbiz.de/10013130540
present evidences on how competition affects the correlation of fair value information. Design/methodology/approach: this … value. In order to effectively inspect the mutual influence between the degree of industry competition and the value … industry competition is greater. To test the hypothesis, we use the comparison of the DFVPSit coefficient absolute value to …
Persistent link: https://www.econbiz.de/10011914666