Showing 1 - 10 of 1,436
In Germany a public discussion on the power of banks has been going on for decades now with the term power having at … least two meanings. On the one hand, it denotes the power of banks to control public corporations through direct … shareholdings or the exercise of proxy votes this is the power of banks in corporate control. On the other hand, the market power …
Persistent link: https://www.econbiz.de/10009765356
The geographical definition of markets is a crucial challenge for economists. With the availability of multiple tools to compare prices, the idea of market definition is entering a new era as it infiltrates the digital sphere. Since December 1st, 2013 the market transparency unit of the Federal...
Persistent link: https://www.econbiz.de/10012242950
The Obama administration has repeatedly identified the large-scale build-out of clean, renewable energy infrastructure as a key priority of the United States. The President's calls for a cleaner energy economy are often accompanied by references to other industrialized countries such as Germany,...
Persistent link: https://www.econbiz.de/10012936411
Market delineation is a fundamental tool in modern antitrust analysis. However, the definition of relevant markets can be very difficult in practice. This preliminary draft applies a new methodology combining a simple price correlation test with hierarchical clustering -a method known from...
Persistent link: https://www.econbiz.de/10011911873
The paper investigates the factors crucial in the locational decisions of multinational German banks in selected … characteristics. Results indicate that FDI by non-banks exerted a strong pull effect on banking FDI flows, as did highly developed …
Persistent link: https://www.econbiz.de/10010295628
The paper discusses the question of whether financial participation of multilateral development banks does prompt … private investors to inject more risky equity capital in emerging market banks. Using a theoretical model, it is stipulated …
Persistent link: https://www.econbiz.de/10010295629
We analyze the stability of efficiency rankings of German universal banks between 1993 and 2004. First, we estimate …
Persistent link: https://www.econbiz.de/10010295915
banks and analyze whether efficiency measures yield consistent results according to five criteria between 1993 and 2004 …. Furthermore, our results show that accounting for systematic differences among commercial, cooperative and savings banks is …
Persistent link: https://www.econbiz.de/10010295917
Banks continue to differ in many ways, for instance with respect to business models, growth strategies, or financial … multiple technology regimes and group membership probabilities. The latter are conditioned on six bank traits of German banks … and we identify four signifficantly different technology regimes. Only small, retail focused banks exhibit cost …
Persistent link: https://www.econbiz.de/10010295952
calculative costs of capital, and a model specification built on the modern understanding of banks as centers of value creation …. The results of the conducted static and dynamic regression analyses show that profitable banks operate with higher … cost leadership for the European banking market. Banks following this strategic position were able to achieve higher excess …
Persistent link: https://www.econbiz.de/10010298954