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Österreich hat keine Kapitalkultur. Unseren Unternehmen fehlt es an Eigenkapital, sie sind zu stark auf Fremdkapital …
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This paper analyzes the impacts of financial literacy on the investment and pension planning behavior in Austria and … Switzerland. Based on survey data of 449 individuals from Austria and Switzerland, we first analyze which socio-demographic and … show a higher level of financial literacy in Switzerland compared to Austria, and the difference is even larger for the …
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This paper analyzes the impacts of financial literacy on pension planning in Austria and Switzerland. Based on survey …
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We study the implications of the value at risk concept for the bank's optimum amount of equity capital under credit risk. The market value of loans is risky and lognormally distributed. We show that the required equity capital depends upon managerial and market factors. Furthermore, the bank's...
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