Zusammenfassung
In den letzten 30 Jahren hat sich eine wachsende Zahl von Finanztransaktionen weg vom Bankensektor hin zum Kapitalmarkt verlagert. Ausgehend von den USA waren dabei weltweit verschiedene Trends zu beobachten.1
This is a preview of subscription content, log in via an institution.
Buying options
Tax calculation will be finalised at checkout
Purchases are for personal use only
Learn about institutional subscriptionsPreview
Unable to display preview. Download preview PDF.
Literaturhinweise
Arrow, K. J., The economics of agency, in: Pratt, J.W./Zeckhauser, R.J., Principals and Agents, The Structure of Business, Boston/Mass. 1985.
Berlin, M./Loeys, J., Bond Covenants and Delegated Monitoring, in: The Journal of Finance, Vol. XLIII, No. 2, June 1988, 397–412.
Blackwell, D./Kidwell, D., An Investigation of Costs Differences between Public Sales and Private Placements of Debt, in: Journal of Financial Economics 22, December 1988, 253–278.
Chemmanur, T./Fulghieri, P., Reputation, Renegotiation, and the Choice between Bank Loans and Publicly Traded Debt, in: The Review of Financial Studies, Fall 1994, Vol. 7, No. 3, 475–506.
Chen, A. H./Mazumdar, S. C./Yan, Y., Monitoring and bank loan pricing, in: Pacific-Basin Finance Journal 8, 2000, 1–24.
Deutsche Bank AG, Euro Commercial Paper: A Guide For Investors, Präsentation März 2003.
Diamond, D., Financial Intermediation and Delegated Monitoring, in: The Review of Economic Studies 51, July 1984, 393–414.
Diamond, D., Monitoring and Reputation: The Choice between Bank Loans and Directly Placed Debt, in: Journal of Political Economy, 1991, Vol. 99, No. 4, 689–721.
Esho, N./Lam, Y./Sharpe, I. G., Are maturity and Debt Type Decisions interrelated? Evidence from Australian firms in international Capital markets, in: Pacific-Basin Finance Journal 10, 2002, 549–569.
Fama, E., What’s different about banks?, in: Journal of Monetary Economics 15, 1985, 29–39.
Johnson, S. A., An Empirical Analysis of the Determinants of Corporate Debt Ownership Structure, in: Journal of Financial and Quantitative Analysis, Vol. 32, No. 1, March 1997.
Krishnaswami, S./Spindt, P. A./Subramaninam, V., Information asymmetry, monitoring, and the placement structure of corporate debt, in: Journal of Financial Economics 51, 1999, 407–434.
Merrill Lynch, Bond Index Rules & Definitions, 12.10.2000, www.ml.com.
Myers, S. C., Determinants of corporate borrowing, in: Journal of Financial Economics 5, 1977, 147–175.
Nakamura, L., Commercial Bank Information, Implications for the Structure of Banking, in: Klausner, M./White, L., eds, Homewood, IL, Structural Change in Banking, Business One/Irwin, 1993.
Pratt, J. W./Zeckhauser, R. J., Principals and agents, An overview, in: Pratt, J.W./Zeckhauser, R.J., Principals and Agents, The Structure of Business, Boston/Mass. 1985.
Rao, A./Edmunds, J., Ban Financing and Shareholder Wealth, in: European Management Journal, Vol. 19, Nr. 2, 2001, 168–173.
Saidenberg, M. R./Strahan, P. E., Are Banks Still important for Financing Large Businesses?, in: Federal Reserve Bank of New York, Current Issues in Economics and Finance, Vol. 5, Nr. 12, August 1999.
Schmidt, R. H., Grundzüge der Investitions- und Finanzierungstheorie, 2. Aufl., Wiesbaden 1990.
Schuhmann, J., Grundzüge der mikroökonomischen Theorie, 6. Auflage, 1992.
Yosha, O., Information Disclosure Cost and the Choice of Financing Source, in: Journal of Financial Intermediation, Vol. 4, Jan. 1995, 3–20.
Editor information
Rights and permissions
Copyright information
© 2004 Springer Fachmedien Wiesbaden
About this chapter
Cite this chapter
Permoser, G., Kontriner, K. (2004). Anleihen als neue Formen der Kreditfinanzierung. In: Guserl, R., Pernsteiner, H. (eds) Handbuch Finanzmanagement in der Praxis. Gabler Verlag, Wiesbaden. https://doi.org/10.1007/978-3-322-90488-1_31
Download citation
DOI: https://doi.org/10.1007/978-3-322-90488-1_31
Publisher Name: Gabler Verlag, Wiesbaden
Print ISBN: 978-3-322-90489-8
Online ISBN: 978-3-322-90488-1
eBook Packages: Springer Book Archive