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The ownership of German corporations is quite different today from that of Anglo-American firms. How did this come about? To what extent is it attributable to regulation? A specially constructed data set on financing and ownership of German corporations from the end of the 19th century reveals...
Persistent link: https://www.econbiz.de/10010343959
. This development has tended to fuel the financial crisis even further in Spain. In Spain, however, whereas most savings …
Persistent link: https://www.econbiz.de/10011818385
The history of the German cooperative banks has enjoyed renewed attention in recent years. This applies specifically to the current cen-tral cooperative bank, DZ BANK, whose origin lies in the Prussian Central Cooperative Bank (‹Preußenkasse›) founded in 1895. What previous research has in...
Persistent link: https://www.econbiz.de/10011780225
In this paper, a law reform is evaluated that aimed at improving the corporate governance of German savings banks by tightening accountability and legal liability of outside directors. The causal effect of this reform on bank risk is identified by difference-in-differences and triple differences...
Persistent link: https://www.econbiz.de/10009579417
development has tended to fuel the financial crisis even further in Spain. In Spain, however, whereas most savings banks, which …
Persistent link: https://www.econbiz.de/10012922050
As expected, this comparison of the German and the UK banking systems shows substantial differences between the countries. In the UK, savings banks disappeared long ago and other regional banks have never become important in lending to business. Instead, the five large commercial banks dominate...
Persistent link: https://www.econbiz.de/10011870464
A comparison of the German banking system with that of the United Kingdom (UK) and Spain shows Germany to be …
Persistent link: https://www.econbiz.de/10011870467
This paper re-visits the state of decentralised banking in Germany, Spain and the UK. The cross-country comparison we … conducted has identified Germany as having the most decentralised banking system, followed by Spain and the UK, as expected. The … degree of centralisation. Whereas no such bank exists in the UK any longer and real savings banks in Spain have almost …
Persistent link: https://www.econbiz.de/10011800413
Persistent link: https://www.econbiz.de/10012914849
As expected, this comparison of the German and the UK banking systems shows substantial differences between the countries. In the UK, savings banks disappeared long ago and other regional banks have never become important in lending to business. Instead, the five large commercial banks dominate...
Persistent link: https://www.econbiz.de/10012915380