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We study the case of Vietnam to assess the long-lasting role of institutional and historical legacy on entrepreneurial outcomes. In particular, we investigate the detrimental effect of socialist institutions on entrepreneurship. Vietnam offers a unique quasi-experimental setting because the...
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The vast majority of firms in Europe are micro firms. Still, we know little about their financing patterns. Our paper aims to close this gap. Based on a large European firm-level data set, we find that micro firms differ in their financing patterns from small and medium-sized companies. Our...
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Was ist eine Familienstiftung? -- Pro und Contra Familienstiftung -- Praxisbeispiel 1 - Interview mit Prof. Dr. h. c. mult. Würth -- Die Rechtsstellung des Stifters bzw. der Stifterfamilie im Vergleich zur „klassischen“ Gesellschafterstellung -- Führung und Kontrolle von...
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