Firms compensate management with executive stock option plans to mitigate the agency problem arising from conflicts of interest between shareholders and managers. However, due to the nature of stock options, the value to the option holder increases when the volatility of the underlying stock...

Practitioners commonly augment the CAPM cost of equity by adding the Size Premium in Excess of CAPM published in the Ibbotson and Duff & Phelps yearbooks. However, the empirical evidence following Banz's paper in 1981 does not support the existence of a size premium. Moreover, even if a size...

Executive stock option plans have been used by firms to compensate management to mitigate the agency problems arising from conflicts of interest between shareholders and managers. However, due to the nature of stock options, the value to the option holder increases when the volatility of the...

Vorwort und Einführung -- Covid-19: Handlungsbedarf Langzeitpflege -- "Gerechte Priorisierungen? -- Pflegeethische Aspekte der COVID-19-Maßnahmen für pflegebedürftige Personen" -- Lebensqualität und Belastungen von Pflegebedürftigen und ihren Angehörigen unter Covid-19 -- Vereinbarkeit...