This chapter focuses on institutional investors in the German financial markets. Institutional investors are specialized financial intermediaries who collect and manage funds on behalf of small investors toward specific objectives in terms of risk, return and maturity. The major types of institutional investors in Germany are insurance companies and investment funds. We will examine the nature ...

There is strong evidence that the interest rates charged by banks on the flow of newly extended Commercial & Industrial (C&I) loans predict future loan performance and CAMEL rating downgrades by bank supervisors. While internal risk ratings have little explanatory power for future loan performance, they do help predict future CAMEL downgrades. These findings suggest that supervisors might consi...

SYNOPSIS We examine the effectiveness of corporate governance in influencing insider trading around private in-house meetings (hereafter “private meetings”) between management and investors China. Consistent with better curbing (1) disclosure nonpublic price-sensitive information (2) trading, we find that quality is associated reduced frequency, value, profitability meetings. Firms appear to ex...

Sürdürülebilir kalkınma hedefine ulaşma sürecinde, ülkelerin kendi konjonktürlerine dayalı olarak yatırım odaklı sektörlere entegre edeceği çevre tabanlı enstrümanlar kilit önem taşımaktadır. Yatırım sektörler arasında yer alan ulaşım gerek faaliyet, kullanımı ele alındığında, diğer sektörlerin işleyişi ve verimliliği üzerinde önemli bir etki oluşturduğu görülmektedir. Bu nedenle, sektörüne yön...

Breeding for novel genotypes with high yield and stability is a crucial objective in agriculture. Environmental factors play significant role determining genotype's response, which commonly known as genotype-by-environment interaction. In this study, multi-environment experiment three replications of twenty-nine pearl millet one year (2019) was conducted at eight locations India. The Additive m...

Respiratory defective mutants of Saccharomyces cerevisiae assigned to complementation group G28 display a deficiency, in the respiratory chain complex coenzyme QH2-cytochrome c reductase. The mutants define a new nuclear gene, designated CBP3, required for the assembly of the complex. Mutations in CBP3 are expressed in the absence of spectrally and immunologically detectable cytochrome b, a cat...

I construct the life-cycle model with equilibrium default and preferences featuring temptation and self-control. The model provides quantitatively similar answers to positive questions such as the causes of the observed rise in debt and bankruptcies and macroeconomic implications of the 2005 bankruptcy reform, as the standard model without temptation. However, the temptation model provides cont...