This article investigates the impact of the fuel mix structure in power generation portfolios on expected stock returns for major European power companies. The 22 biggest publicly listed European power producers are examined between January 2005 and December 2010. Based on the capital asset...

Der vorliegende Beitrag nutzt empirisches Material, das im Rahmen des Forschungsprojektes "Beteiligung von Belegschaftsvertretungen an Managemententscheidungen in deutschen und japanischen Unternehmen" gewonnen wurde. Das von zwei Mitarbeitern durchgeführte Projekt wird von der DFG gefördert...

Rapidly rising local government debt in Japan presents a nontrivial addition to the central government debt. The planned replacement of the approval system for local government bor- rowing by a `consultation system´ in FY 2006 does not remove the implicit central govern- ment guarantee for...

The paper presents a review of theoretical concepts and empirical findings on the issue of FDI-induced spillover and crowding-effects in the Chinese economy. Against the background of the peculiar characteristics of China's FDI-inflows the paper discusses various research agendas and results. It...

In the last years China has recognized the environment as an economically valuable good, thus promoting sustainable economic development. Among the young people, this principle is spread by creating awareness through Environmental Education (EE) in schools. Although high on the agenda, the...