Trotz Fusionen und Finanzkrise hat sich im Finanzsektor wenig geändert: Der Frauenanteil in den Spitzengremien der großen Banken und Versicherungen in Deutschland blieb auch 2010 auf einem extrem niedrigen Niveau. Innovationspotentiale, die sich aus einer deutlichen Erhöhung des Frauenanteils in den Entscheidungsgremien ergeben, bleiben ungenutzt. Obwohl im Finanzsektor weit mehr als die Hälfte der ...
Die Industrieforschung findet in Ostdeutschland überwiegend in kleinen und mittleren Unternehmen (KMU) und gemeinnützigen externen Industrieforschungseinrichtungen statt, während sie in Westdeutschland vor allem von Großunternehmen betrieben wird. Bund und Länder unterstützen die ostdeutsche Industrieforschung im Rahmen ihrer technologieoffenen Förderprogramme mit etwa einer halben Milliarde jährlich. ...
The share of women on the supervisory boards (Aufsichts- und Verwaltungsräte) of the big banks, savings banks and insurance companies in Germany is low. In the banking sector it is 15% and in insurance 11%. That women are to be found on most supervisory or administrative boards is mainly because they are worker´s representation delegates. Posts on management boards (Vorstände) in the big insurance ...
Women hold only 7.8% of the supervisory board posts in the 200 biggest companies (Top 200) in Germany - outside finance -, and three of four (76.0%) are worker´s representation delegates. More than one third of these companies do not have a woman on the supervisory board at all. The share of women on management boards is even smaller. In the 100 biggest companies (Top 100) there is only one woman on ...
This paper focuses on the entrepreneurial endeavours of immigrants' and natives in Germany, concentrating on Turks, Germany's largest immigrant group and one under-studied in the literature. Self-employed Turks in Germany represent about 70 per cent of all Turkish entrepreneurs in the European Union. We use data from the German Socio-economic Panel to study patterns of self-employment. First, we identify ...
We explore the impact of concentration in the banking markets on the capital structure of publicly quoted non-financial firms in the EU15 over the period 1997- 2005, an era marked by intensive merger activity in the banking sector. Our main finding is a negative and significant relationship between the degree of concentration of European bank markets and the market leverage of firms, indicating the ...
We investigate whether or not banks play a positive role in the ownership structure of European listed firms. We distinguish between banks and other institutional investors as shareholders and examine empirically the relationship between financial institution ownership and the performance of the firms in which they hold equity. Our main finding is that after controlling for the capital structure decision ...
This article questions the perceived wisdom that migrants are more risk-loving than the native population. We employ a new large German survey of direct individual risk measures to find that first-generation migrants have lower risk attitudes than natives, which only equalize in the second generation.