Showing 1 - 10 of 371
Die Empfehlung, das Shareholder-Value-Konzept zur Grundlage der Unternehmenspolitik zu machen, erscheint um so überzeugender und wird vermutlich um so eher akzeptiert, (1) je lohnender die Shareholder-Value-Orientierung für die Aktionäre ist, (2) je eindeutiger es ist, wie die Empfehlung...
Persistent link: https://www.econbiz.de/10005840369
The structure of banking systems has been frequently in the debate over a long time. A re-structuring of banking systems is very often based on the experience of other countries. Ger-man cooperative banks can learn much about the development of Italy's cooperative banks. In contradiction to the...
Persistent link: https://www.econbiz.de/10005864133
This paper uses firm-level data on 162 large Hungarian enterprises to analyse the relationship betweenownership structure and corporate performance in 1998 and 1999. Cross-sectional regressions are runfor each of these years using the return on assets (ROA) as the measure of performance. Both...
Persistent link: https://www.econbiz.de/10005868253
bank to restructure the borrower's firm in the case of distress, thepossibility to appropriate private benefits from …
Persistent link: https://www.econbiz.de/10005840402
Using a unique bank-level dataset on the Ugandan banking system over theperiod 1999 to 2005, we explore the factors … banking efficiency. Similarly, macroeconomic variables canexplain little of the over-time variation in bank spreads. Bank …-level characteristics, onthe other hand, such as bank size, operating costs, and composition of loan portfolio,explain a large proportion of …
Persistent link: https://www.econbiz.de/10005870169
Our empirical literature review shows that little is known about how firm performance changes withage, presumably because of the paucity of data on firm age. For Spanish manufacturing firms, weanalyse the firm performance related to firm age between 1998 and 2006. We find evidence thatfirms...
Persistent link: https://www.econbiz.de/10009248879
This paper analyzes the trade-off between official liquidity provision and debtor moral hazard ininternational financial crises. In the model, crises are caused by the interaction of bad fundamentals,self-fulfilling runs and policies by three classes of optimizing agents: international...
Persistent link: https://www.econbiz.de/10008911499
Douglass North gehört zu den führenden Sozialwissenschaftlern des 20. Jahrhunderts.Er wurde für seine bahnbrechenden Leistungen auf dem Gebiet der ökonomischenGeschichtstheorie mit dem Nobelpreis ausgezeichnet. Dieser Aufsatz rekonstruiert (a)seine kliometrische Diagnose der Moderne, (b)...
Persistent link: https://www.econbiz.de/10005867480
The U.S. Bureau of Economic Analysis monthly journal of record presents summary estimates and analyses of U.S. economic activity. It includes articles about the national, regional, and international economic accounts and related topics. It also presents the latest estimates of the national...
Persistent link: https://www.econbiz.de/10005843086
The Economic Census provides a detailed portrait of the Nation's economy once every five years, from the national to the local level. The 2002 Economic Census covers nearly all of the U.S. economy in its basic collection of establishment statistics. There also are several related programs,...
Persistent link: https://www.econbiz.de/10005855336