Inhalt
Aufsatz: Seite 1–24
Harald Wixforth
Expansion durch "Arisierung"? / Expansion by "aryanisation"?
Die Geschäftsausweitung der Reichs-Kredit-Gesellschaft in die "Provinz" / The branching out of the Reichs-Kredit-Gesellschaft business into the "provinces"
In recent years historical economic research has intensively concerned itself with the driving out of Jews from economy and business during the Nazi era. On the basis of newly published studies, the participants, their behaviour and also the complexity of the "aryanisation" process are already clearly revealed. A further issue is also indisputable: mehr...
All private high street banks in Berlin and Vienna and also a few regional institutes were involved in the "aryanisation" of Jewish assets. The Reichs-Kredit-Gesellschaft was no exception. The current article examines the role of the Reichs-Kredit-Gesellschaft during "aryanisation" of the relatively major private banking company "S. J. Werthauer jr. Nachfolger". This case is not just extremely well documented but to a greater degree the source content answers the question as to whether the set business expectations of the Reichs-Kredit-Gesellschaft were actually satisfied in this transaction.
weniger...
PDF
Aufsatz: Seite 25–42
Jan Ising / Dirk Schiereck / Jochen Stoeber
Notierungsdauer und Performance börslich gehandelter deutscher Unternehmen / Quote duration and performance of German businesses trading on the stock exchange
Eine Beschreibung des Amtlichen Handels von 1948 bis 2003 / An account of Official Trading from 1948 to 2003
When analysing the significance of stock exchanges in comparison with international standards, the ratio of total stock exchange capitalisation to gross domestic product is a coefficient that is regularly used for the evaluation of national finance systems. This coefficient turns out to be comparatively small in Germany. In order to understand mehr...
whether this reflects a phenomenon that has historically grown or a relative deterioration of conditions for stock exchange quotes in recent years, it must be investigated on the one hand, how the number of listed businesses has developed in the German post war era. On the other hand, the long-term stock exchange performance of continually listed companies must be explained. Up to now, both questions have been answered rudimentarily at best in the current literature for the German share market. Using the "Official Trading" stock exchange segment as an example, the current study firstly documents broad evidence of the correlation between quote duration and performance in Germany for the period from 1948 to 2003.
weniger...
PDF
Aufsatz: Seite 43–59
Michael Schefczyk
Risikokapital in Deutschland / Risk capital in Germany
Finanzierungslösungen durch Beteiligungsgesellschaften, Banken und Börsen / Financial solutions by holding companies, banks and stock exchanges
The risk capital market represents a particular segment of the equity market. Venture capital companies are active within it as financial intermediaries in the innovation sector that is pertinent to the early development stages of businesses and their financing. Investors (e.g. banks, pension funds or insurance companies) make capital available to mehr...
these companies as equity deposits which are transferred as equity or funds similar to equity to fledgling businesses, so-called "Portfolio businesses". The current paper analyses how the Venture Capital market in Germany has developed, also in comparison with Europe, and the contribution Venture Capital has made to the financing of innovation. Furthermore, it analyses which intermediaries have contributed to the continual growth of the Venture Capital market in the last ten years.
weniger...
PDF
Rezensionen: Seite 60–92
> Rezensionen (pdf)
PDF
