Fatemi, Ali; Pieter Krahnen, Jan - In: Managerial Finance 26 (2000) 10, pp. 42-54
Outlines the special characteristics of preferred shares in Germany, notes that ordinary shares are valued at substantially higher figures and presents a study of the pricing of both types for 58 German companies 1990‐1993. Refers to previous research to develop hypotheses on reasons for the...