Das in der EU für Aktiengesellschaften kodifizierte Kapitalschutzsystem ist unter Rechtfertigungsdruck geraten und steht vor tiefgreifenden Veränderungen. Es sieht bisher neben der Aufbringung eines Mindestkapitals vielfältige Kapitalaufbringungs- und Kapitalerhaltungsregeln vor, die auf vom...

This paper analyzes the determinants of the German corporate governance rating recently developed by Drobetz, Schillhofer, and Zimmermann (2004). We find a non- linear relationship between ownership concentration and the quality of firmlevel corporate governance as measured by the rating. Firms...

Basierend auf einem neuen, die deutschen Prime-Standard-Unternehmen für die Jahre 2005 bis 2007 umfassenden Datensatz untersuchen wir die Determinanten der Höhe der Vorstandsvergütung. Dabei unterscheiden wir drei Kategorien möglicher Einflussfaktoren: Unternehmens-, Performance- und...

Can global governance be democratic? The public debate on this issue largely assumes that the modernist conception of democracy as tied to an identifiable territory and polity cannot be globalized without a world government. Various post-modernist theorists offer a set of alternatives based on a...

This dissertation consists of four essays on the decision-making and the effects of international organizations. Its empirical focus is on the International Monetary Fund (IMF). The dissertation shows that political interests influence the IMF's decision-making and that IMF programs have...

Objective - This study aims to examine the relationship between ownership structure (determined by institutional and foreign ownership) and earnings management in the context of Bangladeshi Pharmaceuticals and Chemical firms.Methodology – Out of 32 listed firms, this study examined 29 firms...