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bank. The results suggest that capital requirements may only be of second-order importance for banks' capital structures …
Persistent link: https://www.econbiz.de/10003671222
This paper gives an overview over corporate governance and banking regulation in Germany. Particular attention is put …, some of the recommendations and suggestions made to improve corporate governance in Germany are not legally binding even … for stock corporations. Recent empirical evidence, moreover, suggests that bank shareholders pushed for greater risk …
Persistent link: https://www.econbiz.de/10003919056
dataset on the transparency on merger control in the EU banking sector, we estimate the probability that a bank is taken over … sector. The results indicate that a bank is systematically more likely to be taken over by foreign credit institutions if the … merger control lacks transparency. This is in line with the hypothesis that governments may block crossborder bank merger …
Persistent link: https://www.econbiz.de/10003634823
market. Based on a dataset on the transparency on the supervisory review process of bank mergers in the EU, I estimate the … probability that a bank is taken over as a function of bank and country characteristics and the transparency of merger control …
Persistent link: https://www.econbiz.de/10003922576
Setting minimum tax rates is a well discussed way of mitigating pressure from tax competition. This paper investigates which motives shape the support for a minimum corporate tax among politicians. We make use of a unique data base: a survey among members of the European parliament. Our results...
Persistent link: https://www.econbiz.de/10003793773
adaptation in Europe, and in particular Germany, Finland and Italy. Furthermore, a systematic overview on fiscal aspects of …
Persistent link: https://www.econbiz.de/10003989027
This paper deals with designing emissions trading in practice. After a short introduction to the general idea of emissions trading, practical requirements for the introduction of an emissions trading scheme are considered, including the temporal and spatial dimension as well as administrative...
Persistent link: https://www.econbiz.de/10009509684
Using the introduction of the euro as a natural experiment, we provide economy-wide evidence for money illusion based on declared donations from German administrative income tax data. Our results suggest a magnitude of the money illusion effect between 2.4% and 7.6%. Compared to previous studies...
Persistent link: https://www.econbiz.de/10011316505
This paper examines the management practices of German firms with obligations under the EU Emissions Trading Scheme (EU ETS) based on six structured in-depth interviews with managers of firms from different industries and based on survey data. The paper sheds light on management and trading...
Persistent link: https://www.econbiz.de/10009668466
consequently consumption dampening accompanied by beggar-thy-neighbour effects, harming Germany’s trade partners. We check up on …) are only partially driven by the reforms. However, we do not find that the reforms contribute to Germany’s trade surplus …
Persistent link: https://www.econbiz.de/10010204043