Existing comparative evidence on corporate capital structure decisions in the U.S. and Germany traditionally reveals that German firms chose substantially higher levels of debt financing. Within the past years, however, Germany has experienced repeated initiatives by both legislative and...

The imprecise wording of article 52 of the European Patent Convention lead to uncertainty with regard to the patentability of inventions related to financial methods and processes at the European Patent Office (EPO). This article summarizes the relevant legislation in Europe and contrasts it...

The nature of the relation between stock exchanges and firms seeking a listing has changed considerably over the past decades. In this paper, we argue that the relationship has lost most of its historic complexity and has almost been reduced to a standardized contract in the sense that there are...