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and political debate on bank governance. On an international level, it has revived the older notion that, in view of their … high leverage and their innate complexity, banks are "special" and bank corporate governance also - and needs to be seen in …
Persistent link: https://www.econbiz.de/10011716996
the pros and cons of market versus bank-based systems, this paper investigates whether the main elements of the German … economy and society and more robust to crises. It is shown that the old German bank-based system, where the risk of long …
Persistent link: https://www.econbiz.de/10012037106
In early July 2019, Christian Sewing, the CEO of Deutsche Bank, proclaimed a fundamental shift of the bank's strategy … time. The essential point of the reorientation is a deep cut into the bank's investment banking activities. At the same … time, those parts of the bank's activity portfolio that had been the mainstay of Deutsche Bank's business 20 to 25 years …
Persistent link: https://www.econbiz.de/10012038963
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The structural diversity of the German banking market and the associated variety of business models is thought to have been an important factor in the stability of the German banking market in recent decades. This diversity is manifested both in the three-pillar structure of the German banking...
Persistent link: https://www.econbiz.de/10012153534
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what non-bank shareholders achieve. Proxy-voting rights apparently do not provide a significant means for banks to exert …
Persistent link: https://www.econbiz.de/10009765357
This paper uses clinical evidence to show how the German system of corporate control and governance is both more active and more hostile than has previously been suggested. It provides a complete breakdown of ownership and take-over defence patterns in German listed companies and finds highly...
Persistent link: https://www.econbiz.de/10011608338