the case where only standard financial contracts are available. The theory explains why bankruptcy law should, in some … besseren Firmen die Eigner und die Gläubiger gemeinsam über das Fortbestehen der Firma entscheiden sollten. Die Theorie kann … der Finanzierung antizipiert wird. Der dritte Beitrag beinhaltet ein theoretisches Modell und eine empirische Studie der …

. The static tradeoff theory of capital structure hypothesizes that firms have a target leverage which optimizes firm value … contract maturity. Credit ratings also reflect the effect of target leverage, which suggests that the credit rating agencies … rate firms as if their capital structure decisions are consistent with the tradeoff theory.In the third and final essay, I …

steuerlichen Behandlung des Sports hat wiederholt Fragen nach der öffentlichen Finanzierung des Sportes aufgeworfen: Inwieweit sind …

applied for disclosing the share market price fluctuations; 2) To study theories of securities, and to determine, which theory …The subject of research – share market prices. The objective – to create the model of share market price fluctuations … and verificate of its suitability in Lithuanian share market after theoretical analysis of share market price fluctuations …

relationships between three Chinese main bilateral exchange rates and its share market performance. We discovered that a long … suggested by the goods market theory for an export-oriented economy. We documented that after local currency appreciation, 'hot …

executives, which is inferred from the structure of their share option portfolio. The objective of this paper is to determine if … executives have greater risk bearing preferences when they have more share options than shares in their firm. In turn, executives … risk and firm performance is weaker when executives hold a higher proportion of share options than shares in their …