Technological change is often hypothesized as one of the main drivers of merger activities. This paper analyzes the role of technology in mergers and acquisitions (M&As) at the firm level. Based on a newly…
This paper analyzes the role of Thin-Capitalization rules for capital structure choice and investment decisions of multinationals. A theoretical analysis shows that the imposition of such rules tends to affect…
This paper analyzes the impact of taxes and lending conditions on the financial structure of multinationals' foreign affiliates. The empirical analysis employs a large panel of affiliates of German…
Der ZEW-IDI, Stimmungsindikator für den Wirtschaftszweig Dienstleister der Informationsgesellschaft, ist im dritten Quartal 2006 leicht um 5,5 Punkte gesunken und liegt nun…
