Countries are often slow to adjust their economic structures to new necessities although this reform reluctance is costly in terms of growth and employment. This paper analyses the relevant factors that block or…
With the establishment of the Bundesanstalt für Finanzdienstleistungsaufsicht(BaFin) in May 2002 Germany followed the trend towards integrated financial supervision. The main reason for unification of…
This paper sets out to analyze the influence of different types of venture capitalists on the performance of their portfolio firms around and after IPO. We investigate the hypothesis that different governance…
This paper analyses the saving behaviour of German individuals and households aged between 30 and 50 with respect to inheritances and transfers inter vivos. The analysis is based on recent data of the German…
Contributions to Edited Volumes and Conference Proceedings
//
2004
The aim of this study is the analysis of the performance of so called socially responsible investments (SRI). The performance of SRI equity investment funds and equity indices is investigated using Jensen´s…