Die vorliegende Arbeit behandelt Unternehmensübernahmen in Deutschland und die Ende 2001 verabschiedete gesetzliche Neuregelung von Übernahmen von börsennotierten Aktiengesellschaften.

In this paper, we document how European companies can use financial tunnelling to the disadvantageof minority shareholders, despite improved legislation directed at eliminating such activities. In fourcase studies, two German and two Italian, we document how newly established corporate...

Establishment of AFIRC, AFIRC Strategy, Initiative on Corporate Governance, Concluding Remarks...

This note investigates the effects of the education level, product market rigidities andemployment protection legislation on growth. It exploits macro-panel data for OECDcountries...

The emerging literature on interaction between strategic trade theoryand privatisation uses a simple example to argue that the irrelevanceresult is invalidated if the domestic market is open to foreigncompetition.This paper uses a fairly general framework to show that anythinga regulated...

The assessment of capacity credits for wind energy and the value interpretation is reviewed critically. It is shown that the electricity market values the contribution to system reliability with market prices in a more precise way ...