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of risk management. Most courses on derivatives, futures and options, and financial engineering are taught from the … discuss are how companies manage risk, instruments for hedging, liability management and organization, governance and control. …
Persistent link: https://www.econbiz.de/10009432744
minimalen Effekt auf die Zielmärkte hat, dass ein multinationales Unternehmen das aus verschiedenen Märkten resultierende Risiko … hold technological leadership; 3) why being a multinational can be more superior in terms of risk aversion; 4) why free …
Persistent link: https://www.econbiz.de/10009467026
The initial view of the advantages of ownership concentration in joint stock companies was determined by the concern about the opportunistic managerial behavior. The growing importance of knowledge and human capital in the operation of firms shifts the focus of concern: excessive ownership...
Persistent link: https://www.econbiz.de/10009476880
characteristic for emerging markets, including Poland, where large shareholders have the power to monitor managers and can act as a …
Persistent link: https://www.econbiz.de/10009460742
shareholders and management. Existing literature is mainly concerned with the impact of managerial ownership on firm performance …. Little evidence is provided on the impact of general ownership concentration, including multiple large shareholders, on firm … largest three shareholders own more than 60% ownership of company. Industrial companies hold direct controls of European non …
Persistent link: https://www.econbiz.de/10009461307
trust. The first is known as the database service provider problem: A database owner wants a database service provider (DSP … node that enters a P2P application network for the first time needs to trust the claimed observations of other nodes …
Persistent link: https://www.econbiz.de/10009467070
instead of giving rise to defective behavior are necessary to make the system work: trust and reputation mechanisms.This paper … examines different incentive mechanisms helping these trust and reputation mechanisms in eliciting users to report own …
Persistent link: https://www.econbiz.de/10009485601
Den Aufsichtsräten innerhalb des deutschen Corporate Governance Systems ist in den letzten Jahren erhöhte Aufmerksamkeit zugekommen. Es wurden Empfehlungen und gesetzliche Vorschriften formuliert, die die Zusammensetzung des Aufsichtsratsgremiums sowie dessen Tätigkeiten betreffen. Diesem...
Persistent link: https://www.econbiz.de/10009475315
controlled for the risk prices of volatility, size, book-to-market ratio and momentum. The evidence suggests that an investment … explains lower risk premiums demanded by investors and/or better stock performance. The evidence suggests that better …-earnings ratios, lower risk premiums - and thus higher price-earnings ratios - can be supported by better disclosure if a special …
Persistent link: https://www.econbiz.de/10009451182