The paper provides an overview and an economic analysis of the development of the corporate governance of German banks … German case. These peculiarities refer to the specific German notion and legal-institutional regime of corporate governance … the corporate governance of German banks during the past 50 years occurred in the case of the large shareholder …

other, large private banks have withdrawn from their former dominant role in financing and corporate governance. It is …

decisions. This is why corporate governance is an essential part of any financial system. It is almost obvious that providers of … equity have a genuine interest in the functioning of corporate governance. However, corporate governance encompasses more …, especially long-term lenders, are one such group of stakeholders who may also want to play a role in corporate governance …

We investigate the connection between corporate governance system configurations and the role of intermediaries in the … corporate governance systems. This lays the groundwork for a description of two types of corporate governance systems, i … between the prevailing corporate governance system and types of activities or industry structures supported. …

The German corporate governance system has long been cited as the standard example of an insider-controlled and … corporate governance system the main characteristics of the traditional German system as a whole are still in place. However, in … our opinion the changing role of the big universal banks in the governance undermines the stability of the corporate …

, combined it with concepts of evolution and used it to challenge the wide-spread view that the corporate governance systems of … demonstrate that national corporate governance systems are usefully regarded as – possibly consistent – systems of complementary … governance systems is not likely to happen. We then proceed by showing for the case of corporate governance systems shaped by …

verbinden, soll hier diejenige herausgegriffen werden, ob sich die nationalen Corporate-Governance-Systeme in den großen … Corporate Governance fügt sich nicht einfach in herkömmliche juristische Klassifikationen ein. Unser Vorhaben unterscheidet sich … angesprochen werden. Ökonomen betrachten die Corporate Governance im weiteren Kontext des Finanzsystems, denn das Corporate-Governance …