Motivation und Vorgehen -- Charakteristika und Ausgestaltungsoptionen bedingten Kapitals.- Wandlungseffekte durch bedingtes Kapital -- Emissions- und Risikowahlanreize mit bedingtem Kapital -- Kreditangebot von Banken und Kreditklemme -- Kreditvergabe mit bedingtem Kapital.

This chapter examines the effect of creditors’ monitoring role on the profitability of firm acquisitions. We use the shares retained by the lead arranger of a syndicated loan as a proxy for monitoring level. We find that acquirer announcement returns are positively related to the shares...

This study investigates how the rise of commission-free FinTech platforms and the introduction of fractional trading (FT) have altered trading behavior and order book dynamics in the NASDAQ equity market. Leveraging high-frequency ITCH data from highly capitalized stocks-AAPL, AMZN, GOOG, and...