Autor: Prof. Dr. Dr. h.c. Klaus Spremann
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Hold-up in Ventures for Technology Transfer
Entrepreneurs and Investors found ventures for transferring technology and bringing it closer to the market. Focussing on a situation in which the investor exercises hold-up at the disadvantage of (...)
The Choice of Interest Rate Models and Its Effect on Bank Capital Requirements Regulation and Financial Stability
According to the Basel regulation banks may use internal risk models to measure interest rate risk and calculate regulatory capital requirements. Under its pillar II the Basel framework grants (...)
Target Capital Structure and Adjustment Speed in Asia
Studies on the capital structure of Asian corporations are rare, and most of those studies support different explanations of financing decisions compared to the ones accepted for the USA and Europe. (...)