Auslandsinvestitionen: Gesetzliche Regelungen und Fördermöglichkeiten -- Gesellschaftsgründungen und Gesellschaftsformen, Immobilienerwerb.-Aufenthaltsgenehmigungen, thailändisches Arbeitsrecht -- Civil und Commercial Code, Forderungssicherung, Patentrecht, Warenzeichen -- Steuerrecht,...

Dieses Buch unterstützt Fach- und Führungskräfte dabei, sich auf die Herausforderungen im Zuge der voranschreitenden Digitalisierung in Unternehmen vorzubereiten. Es hilft dabei, sich besser im digitalisierten, betrieblichen Alltag zu positionieren. Basierend auf jahrelangen Erfahrungen in...

We survey the recent literature on corporate diversification. How does corporate diversification influence firm value? Does it create or destroy value? Until the beginning of this century, the predominant thinking among researchers and practitioners was that corporate diversification leads to an...

Banks face a ‘behavioralization’ of their balance sheets since deposit funding increasingly consists of non-maturing deposits with uncertain cash flows exposing them to asset liability (ALM) risk. Thus, this study examines the behavior of banks’ retail customers regarding non-maturing...

This study examines the relevance of financial and non-financial information for the valuation of venture capital (VC) investments. Based on a hand-collected data set on venture-backed start-ups in Germany, we investigate the internal due diligence documents of over 200 investment rounds. We...

We study the predictive ability of individual analyst target price changes for post-event abnormal stock returns within each recommendation category. Although prior studies generally demonstrate the investment value of target prices, we find that target price changes do not cause abnormal...

This article examines and extends research on the relation between the capital asset pricing model market beta, accounting risk measures and macroeconomic risk factors. We employ a beta decomposition approach that nests competing models with different business risk proxies and allows to frame...