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Summary This paper focuses on the question whether West German firms have experienced an increase in their financial risk position with due implications for the macroeconomy. The investigation is based on a special evaluation of the balance sheet statistics by the Deutsche Bundesbank broken down...
Persistent link: https://www.econbiz.de/10014608853
Summary The changes in the financial structures of West German industrial enterprises have been investigated in Größl/Stahlecker/Wohlers (2001). The empirical analysis confirmed the hypothesis that small and medium-sized enterprises are confronted with higher - and even rising - financial...
Persistent link: https://www.econbiz.de/10014608854
Summary This paper investigates the borrowing behavior of 2,900 French and 1,300 German firms over the 1987-95 period. Both samples based on data sets of the Banque de France and the Deutsche Bundesbank not only include large but also small and medium-sized enterprises. Applying GMM techniques,...
Persistent link: https://www.econbiz.de/10014608858
dem Hintergrund der Theorie der Unternehmensfinanzierung und im Kontext theoretischer Überlegungen zum Aufbau und zur …
Persistent link: https://www.econbiz.de/10014608859
The volume of Japanese investment in the Queensland tourist industry in recent years has attracted much public comment, and accusations of racism have been at the centre of some quite heated debate. Liberal economists argue that Japanese investment is essential for the future prosperity of the...
Persistent link: https://www.econbiz.de/10014806761
Purpose – The corporate governance should look at the investment on intangible assets (ITAs) from two angles: its influence on future growth and the influence of other factors on ITA. Therefore, the purpose of this paper is first, to empirically investigate the relationship between investment...
Persistent link: https://www.econbiz.de/10014675815
China, Indonesia, Japan, Korea, Malaysia, Philippines, Singapore and Thailand. Design/methodology/approach – This study … countries, with the exception of Japan and to some extent, South Korea. Originality/value – In this respect, the trade spillover … effects had transferred technology and developed human capital skills to a greater extent in the cases of Japan and Republic …
Persistent link: https://www.econbiz.de/10015040286
Purpose – This article aims to review the latest management developments across the globe and pinpoint practical implications from cutting‐edge research and case studies. Design/methodology/approach – The briefing is prepared by an independent writer who adds their own impartial comments...
Persistent link: https://www.econbiz.de/10015010679
Zusammenfassung Die Bedeutung von Transaktionskosten für die wirtschaftliche Entwicklung war in den letzten Jahrzehnten Gegenstand zahlreicher ökonomischer Forschungsansätze. Nur ein sehr kleiner Teil davon wählte eine empirische Herangehensweise. Dieser Aufsatz beginnt mit einem kurzen...
Persistent link: https://www.econbiz.de/10014608779
Energiekostenänderungen auf technischen Fortschritt und Wirtschaftswachstum zu untersuchen. Es zeigt sich, dass sinkende Energiekosten zwar …
Persistent link: https://www.econbiz.de/10014608896