wyszukanych pozycji: 40
Pharma M&A Versus Alliances and Its Underlying Value Drivers: Are M&A or Alliances the Right Therapy for an Ailing Pharmaceutical Industry?- A Capital
ISBN: 9783631663813 / Angielski / Twarda / 2015 / 201 str. Termin realizacji zamówienia: ok. 10-14 dni roboczych. From a capital market perspective, the author analyzes Merger and Acquisitions transactions (M&A) and in-licensings in the pharmaceutical industry between 1998 and 2012. Utilizing the event study methodology, the volume shows that M&A experiences significant, negative cumulative average abnormal returns whereas in-licensings are able to create value. But what are the underlying value drivers which make a deal a success or a failure story? The author derives significant innovative determinants of success for both strategies.
From a capital market perspective, the author analyzes Merger and Acquisitions transactions (M&A) and in-licensings in the pharmaceutical industry bet...
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cena:
346,58 zł |
Diffusion of Renewable Energy Technologies: Private Sector Perspectives on Emerging Markets
ISBN: 9783631644447 / Angielski / Twarda / 2014 / 102 str. Termin realizacji zamówienia: ok. 30 dni roboczych. By analysing the context of emerging and developing countries, the author explores the private sector perspective on renewable energy diffusion. The evaluation of two technology case studies, namely wind farms (grid-connected renewable energy) and solar home systems (off-grid renewable energy), reveals the perspectives of highly experienced early adopters. Thereby, qualitative and quantitative data sources including innovative methods such as conjoint analysis are combined. A key finding is that private sector perspectives, especially of early adopters, are highly relevant for policy makers...
By analysing the context of emerging and developing countries, the author explores the private sector perspective on renewable energy diffusion. The e...
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cena:
165,41 zł |
The Influence of German Top Executives on Corporate Policy and Firm Performance
ISBN: 9783631622872 / Angielski / Twarda / 2012 / 136 str. Termin realizacji zamówienia: ok. 10-14 dni roboczych. The question of whether strategic leaders really matter is important to a wide array of topics. Three essays contribute to empirical top executive research on the relative importance of German CEOs and CFOs. The analyses are based on a unique dataset that includes observations from more than 300 CEOs and 100 CFOs working for 110 publicly listed German firms that operated in 10 different industries between 1983 and 2002. The first essay describes and analyzes characteristics of top executives. The second essay examines the existence and size of top executive-specific effects as well as...
The question of whether strategic leaders really matter is important to a wide array of topics. Three essays contribute to empirical top executive res...
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cena:
223,04 zł |
Creating and Governing an Integrated Market for Retail Banking Services in Europe: A Conceptual-Empirical Study of the Role of Regulation in Promoting
ISBN: 9783631608340 / Angielski / Twarda / 2011 / 304 str. Termin realizacji zamówienia: ok. 10-14 dni roboczych. The creation of the Economic and Monetary Union (EMU) has accelerated the harmonization process of regulation and governance in Europe. However, the integration of fragmented retail banking markets still represents a difficult task for regulators. This book investigates the role of EU policy in creating a single market, addressing explicitly questions on the choice of policy measures to overcome barriers to integration persistent in these markets. Based on an analysis of different regulatory theories, the author develops a conceptual framework and illustrates its applicability to the case of...
The creation of the Economic and Monetary Union (EMU) has accelerated the harmonization process of regulation and governance in Europe. However, the i...
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cena:
432,26 zł |
Determinants of Credit Spreads: An Empirical Analysis for the European Corporate Bond Market
ISBN: 9783631606049 / Angielski / Twarda / 2011 / 138 str. Termin realizacji zamówienia: ok. 10-14 dni roboczych. Credit spreads express how markets evaluate the riskiness of corporate bonds compared to risk-free investments. Since credit spreads have been highly volatile especially during the last decade it is important for academics and practitioners alike to understand the dynamic interdependencies between credit spreads and their determinants. Based on a sample of European corporate bonds and different macroeconomic variables the author analyzes the determinants of credit spreads during the period of 1999 to 2009. With a macro-finance term structure model he shows that the European corporate bond...
Credit spreads express how markets evaluate the riskiness of corporate bonds compared to risk-free investments. Since credit spreads have been highly ...
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cena:
237,62 zł |
Erklaerungsansaetze Fuer Nav-Spreads Und Deren Implikationen Fuer Das Management Von Reits: Auf Basis Einer Empirischen Untersuchung Des Pan-Eu-Reit-M
ISBN: 9783631670156 / Niemiecki / Miękka / 2015 / 305 str. Termin realizacji zamówienia: ok. 30 dni roboczych. Dieses Buch beschaftigt sich mit dem Problem des Auseinanderfallens von Aktienpreis und Net Asset Value (NAV) bei Real Estate Investment Trusts (REITs). Zur Ursachenanalyse differenziert der Autor dieses als -NAV-Spread- bekannte Phanomen erstmalig in drei Hauptkomponenten. Diese verdichtet er zu einem innovativen, ganzheitlichen Erklarungsmodell, mit dem er 70 Prozent des NAV-Spreads erklaren kann. Als Grundlage dient der bislang umfassendste EU-REIT-Datensatz (rd. 65 Prozent des Gesamtmarktes). Die gewonnenen Erkenntnisse betrachtet der Autor aus Perspektive des Unternehmens und stellt die...
Dieses Buch beschaftigt sich mit dem Problem des Auseinanderfallens von Aktienpreis und Net Asset Value (NAV) bei Real Estate Investment Trusts (REITs...
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cena:
478,80 zł |
Mergers and Acquisitions in the Energy Sector: The Impact of Synergy Disclosures on Shareholder Wealth and Operating Performance
ISBN: 9783631645215 / Angielski / Twarda / 2013 / 109 str. Termin realizacji zamówienia: ok. 30 dni roboczych. The study analyzes the impact of voluntary synergy disclosures at the M&A announcement on M&A transactions in the European as well as in the US energy sector. Thereby, not only is the capital market perspective considered on both a long- and short-term horizon, but the operational point of view is also taken into account. The author shows, while utilizing the event study methodology, that capital markets attribute increased returns to those M&A transactions which expect synergy gains for both the US and European market. As the post-merger accounting study confirms the realization of these...
The study analyzes the impact of voluntary synergy disclosures at the M&A announcement on M&A transactions in the European as well as in the US energy...
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cena:
243,72 zł |
Valuation and Value Creation of Insurance Intermediaries
ISBN: 9783631670170 / Angielski / Twarda / 2016 / 294 str. Termin realizacji zamówienia: ok. 30 dni roboczych. Offers a comprehensive analysis of insurance intermediaries from a capital markets perspective. This book draws attention to the important trends and developments in the industry and recommends strategies to secure future growth. Further, it offers a detailed description of a valuation approach specifically tailored to small and mid-sized brokers.
Offers a comprehensive analysis of insurance intermediaries from a capital markets perspective. This book draws attention to the important trends and ...
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cena:
478,80 zł |
Underpricing, Long-Run Performance, and Valuation of Initial Public Offerings
ISBN: 9783631604052 / Angielski / Twarda / 2011 / 136 str. Termin realizacji zamówienia: ok. 10-14 dni roboczych. This thesis empirically analyses three individual research questions around initial day returns, long-run performance and valuation of initial public offerings of European Property Companies. The first question examines whether IPO signals such as underpricing reveal proprietary information about the prospects of an issuing firm s underlying industry such as the performance of direct real estate investments. The results in fact show a positive relation between underpricing and average property yields of the issuing companies target investment area twelve months after the IPO. The second...
This thesis empirically analyses three individual research questions around initial day returns, long-run performance and valuation of initial public ...
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cena:
280,84 zł |
Internationale Börsenplatzentscheidungen Institutioneller Investoren
ISBN: 9783409132664 / Niemiecki / Miękka / 1995 / 256 str. Termin realizacji zamówienia: ok. 20 dni roboczych. Zahlreiche Wertpapiere werden an mehreren Borsen gleichzeitig gehandelt. Der Anleger muss daher beim Kauf dieser Aktien eine Auswahlentscheidung zwischen mehreren moglichen Handelssystemen treffen. Dirk Schiereck gibt im ersten Teil seiner Untersuchung einen umfassenden Uberblick daruber, welche Zielsetzungen in die Borsenplatzentscheidung eines Investors einfliessen. Im zweiten Teil zeigt er auf, nach welchen Kriterien institutionelle Investoren in Deutschland, Grossbritannien und der Schweiz die wichtigsten europaischen Borsenplatze fur den Handel deutscher Aktien beurteilen.
Die... Zahlreiche Wertpapiere werden an mehreren Borsen gleichzeitig gehandelt. Der Anleger muss daher beim Kauf dieser Aktien eine Auswahlentscheidung zwisc...
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cena:
199,51 zł |
Finanzwirtschaftliche Erfolgsanalyse Deutscher Stadtwerke
ISBN: 9783631699270 / Niemiecki / Twarda / 2016 / 292 str. Termin realizacji zamówienia: ok. 10-14 dni roboczych. Dieses Buch analysiert die wirtschaftliche Entwicklung der deutschen Stadtwerke seit Beginn der Liberalisierung und identifiziert zentrale Erfolgsfaktoren dieser Unternehmen. Es zeigt die historische Entwicklung und heutige Rolle der Stadtwerke auf, gewahrt Einblicke in ihr umfangreiches Leistungsspektrum und erortert, was Erfolg fur Stadtwerke bedeutet. Eine umfangreiche Kennzahlenanalyse zeigt, dass sich die Finanz- und Ertragslage der Stadtwerke noch auf einem soliden Niveau bewegt. Die Branche befindet sich jedoch auf Krisenkurs. Mittels multivariater Regressionsanalysen untersucht der... Dieses Buch analysiert die wirtschaftliche Entwicklung der deutschen Stadtwerke seit Beginn der Liberalisierung und identifiziert zentrale Erfolgsf... |
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cena:
481,12 zł |
E-Mobility and Related Clean Technologies from an Empirical Corporate Finance Perspective: State of Economic Research, Sourcing Risks, and Capital Mar
ISBN: 9783631661390 / Angielski / Miękka / 2015 / 112 str. Termin realizacji zamówienia: ok. 10-14 dni roboczych. The book deals with the use of clean technologies and in particular of electronic mobility from the perspective of the empirical capital market. The author sheds light on the developments of economic research in the past 20 years, identifies research gaps and analyses them in detail if data is sufficient. Based on the example of rare earths, he presents the impact of future raw material shortages when using mobile electronic technologies and proposes possible solutions for all market players from a financial research perspective. In addition, the book presents a first assessment of the...
The book deals with the use of clean technologies and in particular of electronic mobility from the perspective of the empirical capital market. The a...
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cena:
240,69 zł |
Directors' Dealings and Insider Trading in Germany: An Empirical Analysis
ISBN: 9783631603918 / Angielski / Twarda / 2010 / 175 str. Termin realizacji zamówienia: ok. 10-14 dni roboczych. Directors Dealings and Insider Trading are well-known patrons to both, the academic literature and the financial press. While directors dealings have been regulated in the US and many other countries, the German legislator tightened only a few years ago trading rules for insiders and imposed in July 2002 a notification requirement for directors dealings. The author addresses directors dealings and insider trading in Germany from different perspectives. He starts out with a short-term analysis tying in with previous research on the German market and follows with an in-depth long-term analysis....
Directors Dealings and Insider Trading are well-known patrons to both, the academic literature and the financial press. While directors dealings have ...
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cena:
395,94 zł |
Mergers and Acquisitions in the Global Brewing Industry: A Capital Market Perspective
ISBN: 9783631625217 / Angielski / Twarda / 2012 / 126 str. Termin realizacji zamówienia: ok. 30 dni roboczych. This publication analyzes three individual corporate finance-related research topics on mergers and acquisitions in the global brewing industry. The first two studies investigate the short and long-term share price reactions of acquirer and rival companies. The third study assesses the immediate impact of mergers and acquisitions on systematic risk. Overall, the study contains a variety of empirical findings that are novel to existing corporate finance research. It provides a comprehensive analysis of the capital market implications of mergers and acquisitions in the sector and determinant...
This publication analyzes three individual corporate finance-related research topics on mergers and acquisitions in the global brewing industry. The f...
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cena:
186,71 zł |
Ruhestandsplanung - Beratungsansatz Für Die Zielgruppe 50plus
ISBN: 9783658284435 / Niemiecki / Twarda / 2020 / 335 str. Termin realizacji zamówienia: ok. 20 dni roboczych. |
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235,82 zł |
Value Creation of Corporate Restructuring: A Market Cycle and Industry View
ISBN: 9783631630938 / Angielski / Twarda / 2015 / 195 str. Termin realizacji zamówienia: ok. 10-14 dni roboczych. The study offers a contribution to the debate about shareholder wealth creation following corporate restructuring transactions. Including market cycle and industry factors, it provides an analysis of merger and acquisition (M&A) and corporate divestiture success between 1989 and 2008 in Europe. The first part of the study focuses on effects of market valuation levels and market cycles on the value creation potential of corporate restructuring. The second part discusses mergers and acquisitions and divestment success from an industry perspective. The results provide surprising insights into...
The study offers a contribution to the debate about shareholder wealth creation following corporate restructuring transactions. Including market cycle...
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cena:
318,19 zł |
Bank Mergers and Acquisitions in the Asia-Pacific Region: An Investigation of the Shareholder Wealth Effects of the Financial Sector Consolidation and
ISBN: 9783631670545 / Angielski / Miękka / 2015 / 189 str. Termin realizacji zamówienia: ok. 10-14 dni roboczych. This book offers a comprehensive analysis of the shareholder wealth effects of the financial sector consolidation in the Asia-Pacific region and its impact on the acquirer s cost of debt. By not only examining the capital market reactions to the institutions directly involved in M&A transactions, but also their closest rivals, it is possible to draw clearer conclusions in regard to the overall success of the financial sector consolidation in this region. In addition, by investigating the acquiring institution s CDS market reaction to merger announcements, valuable insights are offered in...
This book offers a comprehensive analysis of the shareholder wealth effects of the financial sector consolidation in the Asia-Pacific region and its i...
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cena:
311,28 zł |
Minority Shareholder Monitoring and German Corporate Governance: Empirical Evidence and Value Effects
ISBN: 9783631640869 / Angielski / Twarda / 2013 / 106 str. Termin realizacji zamówienia: ok. 10-14 dni roboczych. This book comprises three studies on minority shareholder monitoring in Germany. Mandatory disclosure requirements have increased transparency. An analysis of the information that is publicly available is presented, regardless of the size of the target corporation. The second essay in the form of an event study pays special attention to the German supervisory board and its appointment for a fixed term. Capital markets perceive an activist effort as being more credible under certain circumstances. The study as a whole is empirical evidence for increased minority shareholder activity in...
This book comprises three studies on minority shareholder monitoring in Germany. Mandatory disclosure requirements have increased transparency. An ana...
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cena:
194,40 zł |
Return Patterns of German Open-End Real Estate Funds: An Empirical Explanation of Smooth Fund Returns
ISBN: 9783631604069 / Angielski / Twarda / 2010 / 111 str. Termin realizacji zamówienia: ok. 10-14 dni roboczych. The aim of this study is to better understand stable capital growth of German properties and to contribute to the explanation of stable fund returns. In the course of the investigation, evidence is found that both phenomena are interrelated. All analyses are based on publicly available data; therefore they are not limited by client interests. Results show three different pieces of evidence on return smoothing, namely the influence on valuation, the timing of valuations, and the influence on returns resulting in return differences by calendar months. Together with the notion of internationally...
The aim of this study is to better understand stable capital growth of German properties and to contribute to the explanation of stable fund returns. ...
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cena:
251,95 zł |
M&A Activity, Divestitures and Initial Public Offerings in the Fashion Industry
ISBN: 9783631621103 / Angielski / Twarda / 2012 / 108 str. Termin realizacji zamówienia: ok. 10-14 dni roboczych. This thesis analyzes four individual corporate finance-related research objectives on the fashion and leather accessories industry. The first two studies investigate the share price reactions of strategic bidder M&A transactions and their key drivers. The third study analyzes the implications of a missed disposal opportunity in the luxury fashion segment. Finally, the fourth study illustrates the long-term performance and changes in systematic risk exposure of initial public offerings in the fashion industry. The thesis contains a variety of empirical findings that are novel to the existing...
This thesis analyzes four individual corporate finance-related research objectives on the fashion and leather accessories industry. The first two stud...
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cena:
208,72 zł |