external factors regarding the savings bank’s public owner have strong explanatory power. The better the financial situation of … the public owner, the less likely is the savings bank to distribute profits and to increase payouts, respectively. …

Germany's bank-based system of internal control, ownership concentration is harmful for productivity growth. … comparison with the United States. It has been argued that lack of product market competition and poor corporate governance are … econometric analysis of firm performance in Germany. Based on a unique panel data set with detailed information on almost 400 …

their investments. Competition is, however, not localized within a market segment and the class of new or old models, i …

This paper uses Granger non{causality tests to analyze if channel competition exists between the companion websites of …

of internal job matching flows in Germany. Estimates from a nested logit model of destination choice suggest that spatial …. Regional differentials in non-pecuniary assets slightly contribute to spatial sorting processes in Germany. Such differences in … unemployment. Simulating job matching patterns in a scenario of economic convergence between eastern and western Germany …

market competition. The amount of knowledge firms can absorb from other firms is made dependent on their own research efforts … positive effect on R&D efforts both under research joint venture and under research competition. Firms' propensity to …

distributed between inventors and investors. As a result, bank lending for firm R&D has been rare. However, firms can signal the … potential to alter the risk assessment of the firm’s main bank. Additionally, we explore heterogeneities in these risk … assessments arising from the industry level and the main bank’s portfolio. We test our theoretical predictions for a sample of …