The present text is, basically, a revision of democratic theory from the perspective of its inadequacies for including into its scope many of the recently democratized countries, as well as some older democracies located outside of the Northwestern quadrant of the world. After warning that it is...

Die qualitative Inhaltsanalyse beansprucht, zwei einander widersprechende methodologische Prinzipien (Offenheit und theoriegeleitetes Vorgehen) zu synthetisieren und darüber hinaus durch ihr regelgeleitetes Vorgehen die systematische Einbeziehung des gesamten empirischen Materials und eine...

The paper analyses the development of competition law in the United Kingdom by reference to four separate regimes, each with its own rules, scope of application and mode of application, though to some extent overlapping: (1) the common law doctrine of restraint of trade (affecting, primarily in...

The intensity of credit screening in a banking duopoly is endogenized under two different assumptions. In the first case each bank observes its competitior’s investment in information acquisition before making a credit offer. In the second case information acquisition and bidding in the credit...

Cet article analyse le processus de transformation affectant les entreprises dans les nouveaux Länder et propose une comparaison avec les processus de même nature observés dans d’autres pays anciennement socialistes. L’auteur explique comment ces entreprises ont abordé et surmonté le...

In diesem Beitrag wird aufgezeigt, mit welchen Strategien die ostdeutsche Chemieindustrie den Transformationsprozeß von der Planwirtschaft mit volkseigenen Betrieben zur Marktwirtschaft mit Privatunternehmen bewältigt hat. Betrachtet werden dafür die Standorte der ehemaligen Kombinate...

With an auction model of bank competition, the relationship between the number of banks in a market, the quality of the firms and the banks’ effort to carry out creditworthiness tests is analyzed. It is shown that, if the cost of information acquisition is taken into account, welfare and the...

The paper analyzes the repeated interaction between a bank and a firm. A simple two period model is constructed, which explains several features of a credit relationship: It shows why bank finance is available for firms which cannot obtain bond financing, why credit contracts contain a .Material...

Der Artikel untersucht den Zusammenhang zwischen Organisationsform und Produktivität der unternehmensinternen Forschung und Entwicklung bei den Unternehmen Hoechst (Aventis), Bayer, BASF und Schering. Die vorgenommene Erfolgsmessung der FuE-Systeme dieser Unternehmen erfolgte auf der Basis...

Our analysis highlights central aspects of the role of Japanese bank-firm relationships in times of deregulation. Comparing our results with earlier findings, it becomes evident that financial deregulation has triggered dramatic changes concerning the position of banks in the financial market...