We investigate the shape of risk appetite when the bank is financed also with contingent convertible bonds (CoCos). Our contribution to the existent literature is to assess risk appetite in a multi-dimensional perspective and to account for differences among banks' clusters, especially in a...

Diese Dissertation besteht aus drei individuellen Forschungsthemen. Sie beinhaltet einen neuen Ansatz für das Risikomanagement, empirische Forschung in Unternehmensfinanzierung und theoretische Forschung im Bereich Firmenstruktur. In Kapitel I präsentiere ich empirische und theoretische...

The European power market is undergoing signifi cant changes. The EU has set an ambitious goal of reducing its greenhouse gas emissions by 40 per cent by 2030. This will require significant investment in renewable energy sources such as wind and photovoltaics as well as measured policies to deal...