Germany?s bank-based system of internal control, ownership concentration is harmful for productivity growth. … comparison with the United States. It has been argued that lack of product market competition and poor corporate governance are … econometric analysis of firm performance in Germany. Based on a unique panel data set with detailed information on almost 400 …

for firms in financial distress. Regarding market discipline, productivity grows faster when competition on product …

competition also the influence of spillovers on R&D-cooperation increases. However, competition seems to induce firms to search … spillover effects may even hinder firms from cooperating in R&D when there is intensive competition on the research stage. …

The current level of competition in European commercial passenger rail markets is low and empirical data on customer … preferences in intramodal competition has hardly been available, yet. Our study raises the knowledge of competition in commercial … regressions. Our analysis indicates that customers experiencing competition (Cologne-Brussels) show a higher preference for …

Given the marked reduction in the number of banks in Germany during recent years, the study estimates competitive … profit and loss accounts for the years 1993-1998, the hypotheses of perfect collusion as well as of perfect competition can … several size categories. However, despite the decrease in the number of banks in Germany during the investigated period and a …

estimation. The analysis allows to distinguish between rents that accrue due to single bank lending, rents that accrue due to … relationship lending, and rents that accrue due to the elimination of competition among multiple lenders. We find the relationship …

different banks as being best or worst performers. Our main conclusion is that efficiency studies in general and bank efficiency …

external factors regarding the savings bank?s public owner have strong explanatory power. The better the financial situation of … the public owner, the less likely is the savings bank to distribute profits and to increase payouts, respectively. …