Narrow search
Showing 1 - 10 of 12,698
Cover Image
Determinants of corporate financing decisions: A survey evidence from Czech firms
Jindřichovská, Irena; Körner, Pavel - 2008
managers perceive particular instruments of internal and external financing. We find, that firms follow pecking order theory … for working capital financing, however the arguments for pecking order theory in investment financing are not that strong …
Persistent link: https://www.econbiz.de/10010322315
Cover Image
Investor protection and business creation
Hyytinen, Ari; Takalo, Tuomas - 2004
We study the effects of investor protection on the availability of external finance, entrepreneurship, and creation of new firms in an equilibrium search model of private capital markets. In addition to search frictions, we examine contract frictions, specifically interim and ex post moral...
Persistent link: https://www.econbiz.de/10010284922
Cover Image
Innovative Finanzierungsmodelle in Unternehmensnetzwerken
Hornbach, Christian - 2005
Persistent link: https://www.econbiz.de/10010475183
Cover Image
What do internal capital markets do? Redistribution vs incentives
Gautier, Axel; Heider, Florian - 2001
In this paper we explain the apparent ''diversification discount'' of conglomerates without assuming inefficient-cross subsidisation through internal capital markets. Instead we assume that an internal capital market efficiently redistributes scare resources across a conglomerate's divisions...
Persistent link: https://www.econbiz.de/10011608838
Cover Image
Does the tenure of private equity investment improve the performance of European firms?
Badunenko, Oleg; Baum, Christopher F.; Schäfer, Dorothea - 2010
The paper investigates whether the presence and tenure of Private Equity (PE) investment in European companies improves their performance. Previous studies documented the unambiguous merit of a buyout during the 1980s and 1990s for listed firms in the US and UK markets. This study analyzes such...
Persistent link: https://www.econbiz.de/10010291781
Cover Image
Unternehmensgründungen und Crowdinvesting
Löher, Jonas; Schell, Sabrina; Schneck, Stefan; … - 2015
Innovativen Wachstumsunternehmen steht mit dem Crowdinvesting in Deutschland seit 2011 eine neuartige Finanzierungsmethode zur Verfügung. Hierbei versuchen die meist jungen Unternehmen durch einen gezielten öffentlichen Aufruf eine breite Masse privater Investoren anzusprechen. Basierend auf...
Persistent link: https://www.econbiz.de/10011382967
Cover Image
The Dynamics of External Financing
Jansson, Joakim - 2000
A dynamic process underlying firms' discrete financial choices has previously been found, but without controlling for unobserved heterogeneity, this dependence can either be of a true nature or an effect of firm-specific characteristics that we cannot observe. This study extends previous...
Persistent link: https://www.econbiz.de/10010321743
Cover Image
Performance and financing of the corporate sector: The role of foreign direct investment
Geršl, Adam - 2008
. Economic theory does not suggest unambiguous answer to a question whether the influence is positive or negative. For answering …
Persistent link: https://www.econbiz.de/10010322262
Cover Image
Drohende Finanzierungsklemme bei Innovationen: rechtzeitig entgegensteuern
Ketzler, Rolf; Schäfer, Dorothea - In: DIW Wochenbericht 76 (2009) 45, pp. 772-783
hat sich Deutschland im Bereich Finanzierung gegenüber dem Vorjahr verschlechtert und verharrt mit Rang 15 abgeschlagen in …. Besonders bei der Finanzierung von Unternehmensgründungen hinkt Deutschland hinterher. Schärfere Finanzierungskonditionen für … etablierte Unternehmen und die Erhöhung der Risikoprämien auf breiter Front lassen keinen anderen Schluss zu: Die Finanzierung …
Persistent link: https://www.econbiz.de/10011602084
Cover Image
Strong firms, weak banks: The financial consequences of Germany's export-led growth model
Braun, Benjamin; Deeg, Richard - 2019
und so ihre Abhängigkeit von externer Finanzierung zu reduzieren. Das Papier dokumentiert diesen Trend und zeigt, dass …
Persistent link: https://www.econbiz.de/10012024681