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"We argue that a firm's aggregate risk is a key determinant of whether it manages its future liquidity needs through cash reserves or bank lines of credit. Banks create liquidity for firms by pooling their idiosyncratic risks. As a result, firms with high aggregate risk find it costly to get...
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Einführung: Gegenstandsbereich der Wirtschaftsinformatik -- Tätigkeitsfelder und Berufsbilder der Wirtschaftsinformatik … -- Geschichte der Wirtschaftsinformatik -- Wissenschaftscharacter der Wirtschaftsinformatik -- Fachsprache der Wirtschaftsinformatik … -- Wissenschaftsziele der Wirtschaftsinformatik -- Theorie und Technologie der Wirtschaftsinformatik -- Forschungsmethoden der …
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stay on debt and collateral collection that applies to virtually all other claims. We propose a simple corporate finance …
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ongoing and increasing importance for finance practitioners. It is, unfortunately, a topic with a high degree of technical …
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and Economic Growth and Stability -- Chapter 21. International Business Finance -- Chapter 22. Management … wide range of topics in corporate finance, from time series modeling and regression analysis to multi-factor risk models … and various other foundational concepts of corporate finance. New to the third edition are examinations of APT portfolio …
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disadvantage for partnerships was offset by their ability to finance larger and longer-horizon entrepreneurial ventures …
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