1 Was ist Betriebswirtschaft? -- 2 Unternehmerische Perspektive -- 3 Strategische Perspektive -- 4 Finanzielle Perspektive -- 5 Kundenperspektive -- 6 Produktionsperspektive -- 7 Personalperspektive -- 8 Unternehmensethik und Corporate Governance.

According to Zingales (1999), corporate governance is defined as the complex set of constraints that shape the ex-post bargaining over the quasi-rents generated by a firm. This paper argues that corporate cash holdings and dividend policy can be used as soft constraints in this regard in order...