Most previous research on efficiency in banking takes a regulatory perspective. In contrast,this paper investigates the empirical relation between efficiency and profitability in five largeeconomies of the European Union during the period 1998-2005 and discusses the results fromthe perspective...

The emergence of e-commerce leads to a fundamental change for the financialindustry. The transition into a digital economy produces numerous newopportunities as well as great risks. B2B e-commerce in particular is considered apromising field for the future. As B2B is very closely related to...

Im Arbeitsbericht wurden die wesentlichen Kapitalbestandteile der Bank vorgestellt. Durchdas Bankenaufsichtsrecht entstehen bei Kern- und Ergänzungskapital haftende Eigenkapitalformen,die bilanziell aber wie Fremdkapital wirken. Dies führt zu einer Erweiterung desWACC im Bankenrahmen. Hinzu...

Subject of the study presented in this paper is the analysis of the relevance of the Internet asan information source in German banks. The results show, that today the Internet is indeed themost important information source for many types of information used in the business processesof banks....

In recent years, diversity management has evolved from a perspective on human resourcesmanagement toward a conception of strategic management. This implies the need to adapt acentral management function, strategic controlling, in order to render the conception of diversitymanagement in...

This paper studies the effects that heterogeneous multiple bank financing hason a firm’s risk- and information-policy, particularly with respect to credit rene-gotiation efficiency. We find that a significant, yet limited, degree of relationshiplending enables firms with high asset specificity...

With the development of new internet technologies new security problems arise. Thus, it isimportant to consider security aspects during the complete development process of a web application.Every participant of such a process should have the appropriate knowledge. Classicallearning methods are...

In many analyses of the Chinese so-called economic miracle, cultural factors loom large. Thispaper offers a brief overview of recent economic approaches to culture and puts these into ananalytical framework that highlights the dynamic and creative aspects of culture. I argue thatChina is a model...

Sovereign Wealth Funds (SWFs) have become active investors on the financial markets. Thisworking paper meets the increasing thirst for information on the investment activities of SovereignWealth Funds, their legal environment and the implications on German stock listedcorporations. Thus, this...