Finance theory does not provide a comprehensive framework for explaining risk management within the imperfect financial … environment in which firms operate. Corporate managers, however, rank risk management as one of their most important objectives … literature and analyses the implications for risk management practice. It is distinguished between two competing approaches to …

industrieökonomischen Theorie, sowie den theoretischen Ansatz der Organisationsökologie zu testen. Der empirischen Untersuchung liegt eine …