Germany

An American Perspective on the New German Anti-takeover Law

The Dividend policy of German firms. A panel data analysis of partial adjustment models

Private Equity Buyouts and Employee Health

We relate employees' health to their productivity to analyze the restructuring of the labor force during Private Equity buyouts using employee-level...

Taking Shareholder Protection Seriously? Corporate Governance in the United States and Germany

The paper undertakes a comparative study of the set of laws affecting corporate governance in the United States and Germany, and an evaluation of their...

The Origins of the German Corporation - Finance, Ownership and Control

Changing Patterns of Corporate Disclosure in Continental Europe: The Example of Germany

This article presents a structural overview of corporate disclosure in Germany against the background of a rapidly evolving European market. It fi rst...

Do Bankruptcy Codes Matter? A Study of Defaults in France, Germany, and the UK

Stewardship and Shareholder Engagement in Germany

Corporate stewardship holds great promise for the improvement of shareholder engagement and the encouragement of more responsible and long-term...

When do German firms change their dividends?

Subprime Crisis and Board (In-)Competence: Private vs. Public Banks in Germany

We examine evidence for a systematic underperformance of Germany's state-owned banks in the current financial crisis and study if the bank losses can be...

The Structure of the Board of Directors: Boards and Governance Strategies in the US, the UK and Germany

The chapter continues and advances our earlier research on ‘Board Models in Europe’.** We explore ‘The Structure of the Board of Directors’...

How Preussag became TUI: Kissing too many toads can make you a toad