affect financial performance. According to this theory, two event studies are conducted to analyze the impact of publishing …

This paper develops a macroeconomic framework where the representative bank is owned by inside and outside owners and … insider receives utility benefits from the diversion of dividends, but the costs of diversion increase with the size of bank … equity owned by outsiders. The goal is to see to what extent the willingness of insiders to share the bank with outsiders is …

We study the implications of the value at risk concept for the bank's optimum amount of equity capital under credit … managerial and market factors. Furthermore, the bank's equity and asset/liability management has to be addressed simultaneously … by bank managers. …

This paper gives an overview over corporate governance and banking regulation in Germany. Particular attention is put …, some of the recommendations and suggestions made to improve corporate governance in Germany are not legally binding even … for stock corporations. Recent empirical evidence, moreover, suggests that bank shareholders pushed for greater risk …

calculated for each bank, combining foreign assets, foreign income and foreign staff into one index. To examine the relationship …