Mutual fund managers who are assigned to manage multiple mutual funds simultaneously can decide to prioritize certain funds over others. I find that these managers pay the most attention to their smallest fund at the cost of their larger funds, because it is easier to generate higher performance...

Demographic change causes an undersupply of financial old age benefits within the statutory pay-as-you-go pension system in Germany. Therefore, the provision of occupational as well as private pensions has to be enhanced. However, there seems to be an undersupply of occupational pension...

Demographic change causes an undersupply of financial old age benefits within the statutory pay-as-you-go pension system in Germany. Therefore, the provision of occupational as well as private pensions has to be enhanced. However, there seems to be an undersupply of occupational pension...

Private Equity - eine Form der Unternehmensfinanzierung, die sich mittlerweile zu einer milliardenschweren Branche entwickelt hat, aber zugleich oftmals kritisiert wird - entstand aus dem Bedürfnis nach alternativen Finanzierungsmöglichkeiten und beeinflusste Wirtschaft und Gesellschaft...

The entire venture capital sector of Central and Eastern Europe is characterised by the increased weight of state resources. The strengthening of public activities is mainly due to the new type of equity schemes introduced in the European Union's 2007 to 2013 programming period, which allowed...

Small and medium-sized enterprises (SMEs) are the backbone of most Asian economies. The main obstacle to the development of the SME sector is the lack of stable finance. Considering the bank-dominated characteristic of economies in Asia, banks are the main source of financing, and the lack of a...

The unbundling of trade across regions offers unique opportunities for SMEs to integrate into global trade notably through their involvement into supply-chains. With supply-chains shifting and expanding into new regions of the world, the challenge for SMEs to accessing financing remains an...

The unbundling of trade across regions offers unique opportunities for SMEs to integrate into global trade notably through their involvement into supply-chains. With supply-chains shifting and expanding into new regions of the world, the challenge for SMEs to accessing financing remains an...

Entrepreneurship is an important driver of economic growth, job creation and competitiveness. However, the small and medium-sized enterprises (SME) sector has been severely affected by the crisis, with access to bank finance being particularly difficult. Various government-sponsored schemes have...

The aim of this research is to analyse how Spanish RGSs have developed and the problems they face resulting from an increase in bad debts in the current economic crisis: One of the most noteworthy conclusions is that in the face of current difficulties, the RGS have become all the more...