external factors regarding the savings bank’s public owner have strong explanatory power. The better the financial situation of … the public owner, the less likely is the savings bank to distribute profits and to increase payouts, respectively. …

are even larger for cooperative banks than for public banks. -- financially distressed firms ; bank lending ; public banks …

taking place for retail banking. Data on cross-border retail bank flows, cross-border bank mergers and the law of one price … reveal no evidence of integration in retail banking. This paper shows that the previous tests of bank integration are weak in … that they are not based on an equilibrium concept and are neither necessary nor sufficient statistics for bank integration …

We study competition in the German interurban bus industry two years after its liberalization in January 2013. In … of market power by incumbents – and derive several recommendations to secure effective competition in the industry. …

Germany's bank-based system of internal control, ownership concentration is harmful for productivity growth. … comparison with the United States. It has been argued that lack of product market competition and poor corporate governance are … econometric analysis of firm performance in Germany. Based on a unique panel data set with detailed information on almost 400 …

monopoly basis, competition does play a key role on routes with a sufficiently large base of (potential) customers. From a … 24 years old and the presence of intermodal competition by intercity railway services. …

direct taxation in the EU and growing international tax competition aligned with the process of globalization is followed by … and social security contributions for corporations and their shareholders in the Netherlands and Germany. The analysis …