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Das Wachstum multinationaler Unternehmen (MNU) wird zunehmend durch Investitionen von Dienstleistungsunternehmen vorangetrieben. Die Produktion von Dienstleistungen unterscheidet sich allerdings in mehreren Aspekten von der Herstellung klassischer Industriegüter. Eine zentrale Eigenschaft ist...
Persistent link: https://www.econbiz.de/10009447148
Die lateinamerikanischen Währungskrisen lenkten erst kürzlich wieder das Augenmerk auf die Gefahren wechselkursbasierter Stabilisierungen (WKBS). Dies sind Inflationsstabilisierungsprogramme, die den nominalen Wechselkurs als vorrangiges geldpolitisches Instrument einsetzen. Die vorliegende...
Persistent link: https://www.econbiz.de/10009467119
Indian firms lead the pack of emerging market investors in Germany, with about 188 subsidiaries providing employment to close to 23,500 people. This article provides an update on trends in Indian investment in Germany and examines the performance of Indian subsidiaries.
Persistent link: https://www.econbiz.de/10009457683
crucial. Brazil, China, India and Russia, experienced constant high economic growth rates and begun to evolve to solid …
Persistent link: https://www.econbiz.de/10009434467
and how this interaction is affected by ownership structure. We show that firms in our sample increase their leverage … that the leverage of these firms has a positive and significant effect on regulated prices, but not vice versa, and it also … privately-controlled firms use leverage strategically to shield themselves against regulatory opportunism. …
Persistent link: https://www.econbiz.de/10009443173
results. Study carried out by two of three set in the hypotheses. First, the amount of leverage and maturity there is a …
Persistent link: https://www.econbiz.de/10009478376
(leverage) and the term of the debt contract (debt maturity). However, little is known about the theoretical interdependence … between leverage and debt maturity. Furthermore, leverage and debt maturity are treated independently in most empirical … between leverage and debt maturity in both the Australia and the US capital markets. Our theoretical model, which builds upon …
Persistent link: https://www.econbiz.de/10009448678
This thesis analyses the impact of tax policy on firms' leverage ratios in a balanced panel of 129 medium-sized listed … companies from II European countries from 1993 to 2005. A general model of company leverage is applied within which King's tax … finance. Various leverage measures are studied to check for the robustness of the estimated model. Total debt is then …
Persistent link: https://www.econbiz.de/10009461243
essay tests theoretical predictions about therelationship between leverage and firm performance set forth by thecorporate … finance literature. The dynamic relationship between firmperformance and leverage is examined empirically using theDifference … GMM method of econometric estimation. Multiple measuresof performance and leverage are utilized, controlling …
Persistent link: https://www.econbiz.de/10009480854