This volume focuses on the latest findings concerning financial environment research and the effects on business. Major topics addressed range from finance-driven globalization, contagion risk transmission, financial sustainability, and bank efficiency, to oil price shocks and spot prices...

Is small still beautiful? The recent economic and financial crisis has shown that developed countries in which firms are smaller suffered the biggest GDP plunges. Today, economic growth depends more than in the past on sound and well-organized firms, which means more innovation, a better...

Die Finanzierung von Wachstumsunternehmen stellt eine besondere betriebswirtschaftliche Herausforderung dar, da großen Chancen auch höhere Risiken gegenüber stehen als bei etablierten Unternehmen. Insbesondere der Eigenkapitalfinanzierung durch Risikokapitalgeber kommt eine zentrale Bedeutung...

During recent years, an increasing number of corporations have decided to raise external capital via markets for hybrid securities. Hybrid securities share characteristics of common stock and straight debt and appear in different forms, such as convertible debt, mandatory convertibles or...

Chapter 1: Introduction to "Entrepreneurship in Post-Communist Countries: New Drivers towards a Market Economy" -- Part 1: Entrepreneurship in Post-Transition Context -- Chapter 2: The influence of the motives of entrepreneurial activity on economic growth of developing countries in Southeast...

Unterschiedliche Staaten besteuern hybride Finanzierungsinstrumente nicht immer einheitlich, wodurch es zu sogenannten steuerlichen Qualifikationskonflikten kommt und ein Gestaltungsspielraum entsteht, der aus Sicht der Unternehmenseigentümer zu Steuerersparnissen führen kann. Susanne Sigge...

1. The Improbably Surge of Corporate China -- 2. What Is in a Great Company? -- 3. Does ROIC Apply to Corporate China? -- 4. The “Great” Hope Struggles -- 5. It Is Also About Corporate Governance -- 6. The Perils of Diversification -- 7. Shake up the Foundations -- 8. The Beginning of A...