A vast literature has examined the contractual technology that venture capital (VC) funds and entrepreneurs deploy in the U.S. to define an agency cost-minimising structure of their relationship, leading many to conclude that U.S. VC contracts are the best real-world solution to the challenges...

We examine the performance of startups co-founded by immigrant and native teams. Leveraging unique data linking startups to founders' and employees' employment and education histories, we find native-migrant teams outperform native-only and migrant-only teams. Native-migrant startups have larger...

Initial Coin Offering (ICO) – Grundlagen und Begriffe -- Blockchain, Kryptowährung und Tokens -- Ablauf eines ICO -- Planung und Whitepaper -- Rechtliche Gestaltung eines ICO -- Fragenkatalog zum ICO.

Einleitung -- Rechtsformauswahl -- Gründungsprozess und erste Projekte -- Ressourcen und Geschäftsfelder in den Regionen -- Vorteile der Technologien für die Region -- Finanzierung und Versicherung der Vorhaben -- Gesetzliche Rahmenbedingungen und Rentabilität der Vorhaben --...

Peter Thilo Hasler gibt einen umfassenden Überblick über die Finanzierung von Fußballunternehmen am Kapitalmarkt durch Aktien oder Anleihen. Er schildert ausführlich, warum das häufig gegen Fußballaktien vorgebrachte Argument, wonach sportliche Erfolge für den Aktienkurs von höherer...

Money laundering and terrorist financing undermine the integrity and stability of financial systems and can have a significantly adverse impact on a jurisdiction's economy. Challenges to effective supervision and prevention of money laundering and financing of terrorism were exacerbated in the...

India is rapidly urbanizing, with about 600 million people expected to be living in cities by 2036. This will put additional pressure on the already stretched urban infrastructure and services in these cities. This report estimates that India will need dollar 840 billion in investment into urban...

Access to finance is a key obstacle for the growth and development of small and medium-sized enterprises in fragile and conflict affected situations. This paper provides empirical evidence on the key macrofinancial and institutional drivers of financial inclusion of small and medium-sized...