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In this paper we discuss determinants of firm survival and growth in Germany within its pre-1989 boundaries. We develop our central hypotheses on the basis of a simple theoretical model describing the self-selection of heterogeneous entrepreneurs into particular legal forms, and the implications...
Persistent link: https://www.econbiz.de/10011622932
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We study the impact of transparency on liquidity in OTC markets. We do so by providing an analysis of liquidity in a … corporate bond market without trade transparency (Germany), and comparing our findings to a market with full posttrade …
Persistent link: https://www.econbiz.de/10012589378