Die Grundaufgabe der finanziellen Führung ist Sicherung der Liquidität. Finanzorganisation ist das Positions- und Kompetenzgefüge sowie das Interaktions- und Kommunikationsgefüge der finanziellen Unternehmensführung. Der vorliegende Beitrag fragt, wie sich die Finanzorganisation deutscher...

The proportion of assets held by the average Canadian firm in the form of cash has increased steadily since the early 1990s, and is now roughly twice as large as in 1990. The literature has established that the cash-holding behaviour of firms is highly correlated with financial constraints and...

China is taking a more active role on the world stage, even more so since its rapid and strong recovery from the global recession. In the financial realm this expansion is underpinned by a strategy to build strong and competitive capital markets at home. In order to achieve this goal,...