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1) Financing Firms in East European Countries: An Asymmetric Information and Agency Costs Approach, by Debora Revoltella 2) Seven Years of Financial Market Reform in Central Europe, by Peter H. Haiss and Gerhard Fink.
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This essay discusses the corporate governance of banks. Bank managers must balance competing demands from shareholders and regulators, which distinguishes banks from most other firms. The essay is structured into three parts. The theoretical section first broadly defines management and its...
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Durch Bereitstellung von Krediten tragen Banken zur Transformation von Finanzkapital in Sachkapital bei. Die Kreditvergabepolitik der Schweizer Banken hat sich im vergangenen Vierteljahrhundert stark gewandelt. Basierend auf einem Datensatz (1987-2012) mit bankengruppenspezifischen Bilanzdaten...
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corresponding rate with the investments. For this reason, the investment rate of companies is currently almost at the same level as … in the years 2000–2008. However, after the financial crisis the development of investment volume has been weaker in … capital in clearly better in Finland than in most other European countries. The investment rate in Finland is reduced …
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given rise to market failures: (a) perverse incentives/conflict of interests, (b) destabilising trading/investment …
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Dieses Diskussionspapier beleuchtet die PRME-Verpflichtung der Hochschule Pforzheim und die daraus resultierenden Probleme (Abschnitt 2) aus vier Perspektiven: der erkenntnistheoretischen (Abschnitt 3), der erfahrungswissenschaftlichen (Abschnitt 4), der juristischen (Abschnitt 5) und einer...
Persistent link: https://www.econbiz.de/10011327906
This paper investigates the determinants of a broad sample of Swiss non-financial firms' cash holdings between 1995 and 2004. The median Swiss firm holds almost twice as much cash and cash equivalents as the median U.S. or U.K. firm. Our results indicate that asset tangibility and firm size are...
Persistent link: https://www.econbiz.de/10011428779