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A widely recognized paper by Colin Mayer (1988) has led to a profound revision of academicthinking about financing patterns of corporations in different countries. Using flow-of-funds datainstead of balance sheet data, Mayer and others who followed his lead found that internalfinancing is the...
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Finanzierung arbeiten. …
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This article discusses how the German and the international academic debates about corporate finance developed in the … assumption shapes the main propositions of the theory of corporate finance but also, in a more general sense, determines which … topics in finance attract the attention of researchers and therefore are a topic of the theory. During the first two phases …
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This book is both a reference book on Germany's financial system and a contribution to the economic debate about its status at the beginning of the twenty-first century. In giving a comprehensive account of the many facets of the system, it covers corporate governance, relationship lending,...
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