Dieses Lehrbuch richtet sich vor allem an Studentinnen und Studenten der Wirtschafts­ wissenschaften im Grundstudium. Sein Aufbau und sein Inhalt spiegeln unsere Einschät­ zung wider, daß es möglich und sinnvoll ist, Studierende in das umfassende Gebiet "Investition und Finanzierung"...

There have been lively political debates about savings banks as long as this type of financial institutions has existed. The focus of these debates have been two of the characteristic features of savings banks: They have always pursued financial as well as non-financial objectives, and until a...

Dieses bewährte Standardwerk bietet einen Überblick über grundlegende Probleme und Lösungsansätze sowie Modelle der Investitions- und Finanzierungstheorie. Die Autoren stellen die neuere institutionentheoretische und die kapitalmarktorientierte Richtung gleichberechtigt nebeneinander und...

Recently NGOs have begun to be regarded as ideal providers of credit to small and micro businesses. The paper investigates whether this claim is justified and how the co-operation between donor institutions and NGOs should be structured. It reports the main results of an empirical investigation...

A financial system can only perform its function of channelling funds from savers to investors if it offers sufficient assurance to the providers of the funds that they will reap the rewards which have been promised to them. To the extent that this assurance is not provided by contracts alone,...

This book is both a reference book on Germany's financial system and a contribution to the economic debate about its status at the beginning of the twenty-first century. In giving a comprehensive account of the many facets of the system, it covers corporate governance, relationship lending,...

<p>This paper discusses the so-called commercial approach to microfinance under economic and ethical aspects. It first shows how microfinance has developed from a purely welfare-oriented activity to a commercially relevant line of banking business. The background of this stunning success is the...</p>

This valuable book discusses in detail, through a blend of theory and empirical research, the processes of innovation and the diffusion of new financial instruments.