Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/40281 
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dc.contributor.authorBuch, Claudia M.en
dc.contributor.authorHeinrich, Ralph P.en
dc.date.accessioned2010-07-27-
dc.date.accessioned2010-09-24T14:29:58Z-
dc.date.available2010-09-24T14:29:58Z-
dc.date.issued2002-
dc.identifier.urihttp://hdl.handle.net/10419/40281-
dc.description.abstractThe paper studies the link between the integration of European financial markets and corporate governance in Europe. The focus of the paper is on how integration affects the interplay of ownership structures, capital structures, and monitoring, all of which can be used to govern agency problems at the firm level. Integration is a process which comprises the abolition of capital controls, the harmonization of institutions, and the creation of a common currency area. These elements, in turn, affect the liquidity of markets, the cost of monitoring, and the cost of debt. Based on these considerations, implications for changes in the structure of corporate governance systems are derived.en
dc.language.isoengen
dc.publisher|aDeutsche Bank Research |cFrankfurt a. M.en
dc.relation.ispartofseries|aResearch Notes |x2en
dc.subject.jelG30en
dc.subject.jelD23en
dc.subject.ddc330en
dc.subject.keywordcorporate governanceen
dc.subject.keywordcomplementarityen
dc.subject.keywordfinancial integrationen
dc.subject.stwFinanzmarkten
dc.subject.stwMarktintegrationen
dc.subject.stwInternationaler Finanzmarkten
dc.subject.stwCorporate Governanceen
dc.subject.stwKapitalstrukturen
dc.subject.stwEigentümerstrukturen
dc.subject.stwEU-Staatenen
dc.titleEuropean financial integration and corporate governance-
dc.typeWorking Paperen
dc.identifier.ppn821783475en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen
dc.identifier.repecRePEc:zbw:dbrrns:2en

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