This year's Hanover Fair will be held from April 26 to May 5. As a display of technical achievement this fair has attracted world-wide attention and gained general recognition among the growing number of similar events. The number of German and foreign exhibitors, many of them with names known...

We study how a Net Stable Funding Ratio as defined by the Basel Committee in 2014 (NSFR (2014)) would affect the profitability of German banks and their capacity to lend. With a NSFR-model that is partially calibrated against reported NSFRs, we find that 9% of German banks do not comply with the...

Today, startups often obtain financing via the Internet through many small contributions of non-sophisticated investors. Yet little is known about whether these startups can ultimately build enduring businesses. In this article, we hand-collected data from 14 different equity crowdfunding (ECF)...