Similar Search Results

Universal banking, control rights, and corporate finance in Germany

Emmons, William R.; Schmid, Frank A. - In: Review (1998) Jul, pp. 19-42

This article describes the most important corporate governance practices in contemporary Germany. These practices … known as codetermination. While some similarities exist, many features of corporate governance in Germany differ greatly …

Persistent link: https://www.econbiz.de/10005519646

Explaining international differences in the cost of capital: the United States and United Kingdom versus Japan and Germany

McCauley, Robert N.; Zimmer, Steven A. - Federal Reserve Bank of New York - 1989

Persistent link: https://www.econbiz.de/10005387389

Corporate governance, entrenched labor, and economic growth

Emmons, William R.; Schmid, Frank A. - Federal Reserve Bank of St. Louis - 2001

The German system of codetermination contributes to the entrenchment of labor. We show in a two-period model of project choice that entrenched labor leads to underinvestment and overstaffing. We provide empirical evidence that German firms subject to codetermination with equal representation of...

Persistent link: https://www.econbiz.de/10005360568

Explaining international differences in the cost of capital

McCauley, Robert N.; Zimmer, Steven A. - In: Quarterly Review (1989) Sum, pp. 7-28

Persistent link: https://www.econbiz.de/10008456419

Some issues in corporate leverage : an overview essay

Frydl, Edward J. - Federal Reserve Bank of New York - 1990

Persistent link: https://www.econbiz.de/10005512221

Understanding international differences in leverage trends

Remolona, Eli - Federal Reserve Bank of New York - 1990

Persistent link: https://www.econbiz.de/10005512240

Are bank loans unique? The case of hospital debt financing

Calem, Paul S.; Rizzo, John A. - Federal Reserve Bank of Philadelphia - 1989

Persistent link: https://www.econbiz.de/10005512358

Financing constraints and investment: new evidence from the U.S. hospital industry

Calem, Paul S.; Rizzo, John A. - Federal Reserve Bank of Philadelphia - 1991

Persistent link: https://www.econbiz.de/10005512370

Debt covenants and renegotiation

Berlin, Mitchell; Mester, Loretta J. - Federal Reserve Bank of Philadelphia - 1992

Persistent link: https://www.econbiz.de/10005512382

Expensing stock options

Haubrich, Joseph G. - In: Economic Commentary (2003) Nov

Many market commentators argue that companies should expense the stock options they give their employees. Will expensing give investors better information about what companies earn and spend?

Persistent link: https://www.econbiz.de/10005512956