proposes a theory of status freedom as effective control self-ownership: the power to have or refuse active cooperation with …

sich die Frage, wie Insolvenzrisiken in die Theorie der Unternehmensbewertung integriert werden können. Arnd Lodowicks … analysiert, wie ein Unternehmen unter Berücksichtigung von Insolvenzrisiken auf Grundlage der Discounted-Cashflow-Theorie … Überschuldung als Insolvenzauslöser berücksichtigt, und greift dabei auf exotische Optionen zurück. Bei riskantem Fremdkapital …

securities. Hybrid securities share characteristics of common stock and straight debt and appear in different forms, such as … convertible debt, mandatory convertibles or exchangeable debt. Benjamin Kleidt analyzes why firms decide to issue hybrid … as convertible debt, mandatory convertibles or exchangeable debt, is the US market, which has been characterized by a …

This book proposes a method for calculating China’s debt based on a quantitative econometric analysis. This is … conducted by measuring the relationship between China’s debt size and economic growth. The conclusion that is reached is as … follows: China’s current debt has already exceeded the inflection point, and that means that it is now having an adverse …

long-term economic operations, debt risks and financial risks with regard to the institutional and structural … debt, welfare reform, and the financial opening-up and stability - and explores corresponding policies, measures, and …

expansions in the small Euro-area open economies affected by high public and private debt. It is shown that the macroeconomic … outcome of fiscal shocks is strongly related to debt levels. The Euro-area countries included in the investigation are Greece … Debt Euro Area Countries -- 5 A Further Look To Macroeconomic Outcomes of Fiscal Austerity in High Debt Countries -- 6 Can …

At the turn of this century, the American national debt stood at just under $6 trillion and the deficit at a "mere" $86 … billion. Today, the national debt has topped $15 trillion, and the yearly deficit for 2012 is projected at a whopping $1 … adding a new chapter on how global economies now, for better or worse, affect the U.S. debt and the annual budget deficit. It …