Following the well-known approach by Adler and Dumas (1984) we evaluate the foreign exchange rate exposure of nations. Results based on data from 27 countries show that national foreign exchange rate exposures…
We present evidence on venture capitalists' (VCs) impact on turnover of executives for a sample of nearly 47,000 German high-tech start-ups between 1995 and 2004. We confirm that the presence of VCs increases…
The paper examines the applicability of GDP-linked bonds for the financing of develop-ing countries. These bonds are characterised by tying the coupon and/or redemption payments to the GDP of the issuing…