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Der weltweite Einbruch der Aktienmärkte – beginnend im Jahr 2000 – sowie die Bilanzskandale im Jahr 2002 katapultierten Finanzanalysten ins Blickfeld der Öffentlichkeit. Kritisiert wurde und wird dabei in erster Linie die mangelnde Objektivität von Researchstudien, die von...
Persistent link: https://www.econbiz.de/10009452440
The thesis studies the potential of incentive contracts for politicians using game-theoretic methods. Supplementing the … election mechanism with these contracts is a new idea to make politicians more accountable. Two types of incentive contracts … enhance the accountability of politicians and to increase social welfare. …
Persistent link: https://www.econbiz.de/10009476167
A recent outbreak of bird flu or avian influenza (AI), an especially highly pathogenicstrain (HPAI) of H5N1, started in Hong Kong in January 2003 and caused 159 humandeaths in Asia, Africa and Europe through early 2007. In addition, this outbreak resultedin millions of slaughtered birds and...
Persistent link: https://www.econbiz.de/10009464889
The first public share issue in the PRC took place in 1994. By the early 21st century, in the space of less than two decades, the Chinese stock market has become the largest one in Asia, with the exception of Japan. Along with this rapid enlargement of the market, the Chinese stock trading...
Persistent link: https://www.econbiz.de/10009471788
This study analyzes the accuracy of forecasted target prices within analysts’ reports. We compute a measure for target price forecast accuracy that evaluates the ability of analysts to exactly forecast the ex-ante (unknown) 12-month stock price. Furthermore, we determine factors that explain...
Persistent link: https://www.econbiz.de/10009447464
With the increasing importance of stock options as a component of executive compensation , it is important to understand their effectiveness in aligning executive interests with those of shareholders and their function as a retention device. With the collapse of the tech stock bubble in the past...
Persistent link: https://www.econbiz.de/10009429057
The merger wave that took place during the first phase of globalization, which lasted from 1895 to 1914, changed the industrial structure in Europe and the U.S. remarkably. Therefore, it is of great importance to assess whether mergers were successful during this period. Noteworthy, studies that...
Persistent link: https://www.econbiz.de/10009475337
Title devised by cataloguer.; Published in the Canberra Times on 10 February 1989.; Part of the Pryor collection of cartoons and drawings.; Also available in an electronic version via the Internet at: http://nla.gov.au/nla.pic-vn3998497. In the face of strong opposition from left-wing union...
Persistent link: https://www.econbiz.de/10009475307
Title devised by cataloguer.; Published in the Canberra Times on 16 November 1982.; Part of the Pryor collection of cartoons and drawings. In response to the problem of growing unemployment, the Fraser Government calls a special premiers' conference to seek a 12 month wage freeze in both the...
Persistent link: https://www.econbiz.de/10009475308
Title devised by cataloguer.; Published in the Canberra Times on 6 July 1986.; Part of the Pryor collection of cartoons and drawings. The Sunday cartoon panel: 1. The Australian dollar falls to all-time lows, much to the discomfort of Treasurer Paul Keating. 2. In an uncomfortable beginning to...
Persistent link: https://www.econbiz.de/10009475309