Showing 1 - 10 of 3,863
This paper develops a new insight enabling the empirical study of media capture: minority shareholders of newspapers and readers face similar risks. Both are adversely affected when corrupt insiders use the newspaper for personal profit and receive invisible revenues. This means that relevant...
Persistent link: https://www.econbiz.de/10010316814
In this paper, we investigate the claim that German banks are special compared to banks in other industrialised economies. We show that banks are of particular importance to the German economy?as financial intermediary, as lender to the corporate sector, and as part of the corporate governance...
Persistent link: https://www.econbiz.de/10010260503
Ongoing financial innovation and greater information availability increase the tradability of bank assets and reduce … banks' dependence on individual bank managers as private information in the lending process declines. In this paper we argue … bank managers and shareholders becomes less severe. Consequently, banks' capital structure needs to be less concerned with …
Persistent link: https://www.econbiz.de/10010295931
This paper examines whether the introduction of corporate governance (CG) reforms in general and that of transparency and disclosure (T&D) rules in particular can necessarily boost firm performance. Existing literature suggests that CG reforms can boost performance because it can resolve the...
Persistent link: https://www.econbiz.de/10010282468
Das internationale Bankensystem stand in den vergangenen Jahren im Fokus des öffentlichen Interesses. Bei der Diskussion möglicher Optionen zur Verbesserung der Finanzsystemstabilität rückt zunehmend die Corporate Governance in Banken in den Fokus. Der vorliegende Forschungsbericht widmet...
Persistent link: https://www.econbiz.de/10011698354
emphasizes the need for harmonizing bank regulation and supervision. We study the impact of cross-border lending in a theoretical …, differences in bank regulations may have speeded up the cross-border lending. …
Persistent link: https://www.econbiz.de/10010264346
This essay discusses the corporate governance of banks. Bank managers must balance competing demands from shareholders … creditors, and integrates bank regulation into the concept of debt governance. The empirical section surveys the extant …) and regulators (debt governance) can meaningfully coexist in their quest to guide and constrain bank managers. …
Persistent link: https://www.econbiz.de/10011689905
Persistent link: https://www.econbiz.de/10011695913
gemacht. Nach Ansicht von Sabine Lautenschläger, Deutsche Bundesbank, braucht Europa Zeit, um eine europäische Bankenaufsicht …
Persistent link: https://www.econbiz.de/10011693438
This paper is a primer on corporate performance, corporate governance, and their interrelationships and measurement systems, with particular focus on Small and Medium- Sized Enterprises (SMEs). This is the first report of a larger on going research project. In the domain of performance...
Persistent link: https://www.econbiz.de/10010323354