International agierende Kapitalgesellschaften by Christopher Klein
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International agierende Kapitalgesellschaften

International agierende Kapitalgesellschaften


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About the Book

Die vorliegende Arbeit stellt die Frage, welche Auswirkungen Kapitalinvestitionen von Staatsfonds und Beteiligungsgesellschaften auf international agierende Kapitalgesellschaften haben. Die Fragestellung erfolgt vor einem breiteren Problemkontext. Staatsfonds sind ein relativ neues Phänomen, aber zunehmend einflussreiche Player auf den globalen Finanzmärkten. Außerdem verlangen weltweite Niedrigzinsen aktivistischere Maßnahmen von Investoren, um Renditeforderungen nachzukommen (Shareholder Aktivismus). Die Auflösung der "Deutschland AG" zieht eine Vielzahl ausländischer Investoren mit Erfahrungsschatz in aktivistischer Einflussnahme an. Zudem erhalten gerade Pensionsfonds und Versicherungsfonds in Deutschland zunehmende Bedeutung. Wegen ihres Umfangs wird die Arbeit anhand einer Reihe von stringenten Fragestellungen abgearbeitet. Weshalb beteiligen sich Staatsfonds und Beteiligungsunternehmen an international agierenden Kapitalgesellschaften - mit Bezug auf strategische, politische und volkswirtschaftliche Ziele sowie die Renditemaximierung. Welchen Anreiz besitzen Zielunternehmen, Kapitalinvestitionen zu beziehen - mit Bezug auf Kapitalbeschaffung und Steigerung des Unternehmenswertes und das Wachstumsstreben. Wie und auf welcher Basis wird die Einflussnahmen instrumentalisiert - auf Basis der Exit-Voice Theorie von Hirschmann sowie der Darstellung der wichtigsten Einflussinstrumente (Relationship Investing, Hauptversammlung, Beeinflussung der öffentlichen Meinung). Wie haben sich die Investitionsaktivitäten global sowie speziell in Deutschland entwickelt? Es erfolgt die Analyse der Investitionsaktivitäten von Staatsfonds und Beteiligungsunternehmen sowie dem zunehmendem Engagement in den DAX-30 Unternehmen. Welche Implikationen ergeben sich für Zielunternehmen? Es erfolgt die Untersuchung der Auswirkungen auf das strategische Management, die Principal Agent Problematik sowie den Aktienkurs der Zielunternehmen. Es zeigt sich, dass die Investitionsaktivitäten insbes
About the Author: Christopher Klein, M.Sc., wurde 1987 in Landau an der Isar geboren. Zunächst studierte er "European Economic Studies" (Internationale Volkswirtschaftslehre) an der Universität Bamberg. Von 2009 bis 2010 absolvierte er, im Rahmen des Studiums, zwei Auslandssemester in Mexiko-Stadt. Er schloss das Studium überdurchschnittlich mit dem Grad des B.A. ab. Anschließend studierte der Autor "Management" an der Universität Mainz mit den Schwerpunkten Internationales Management und Finanzwirtschaft. Durch seine fundierte volkswirtschaftliche Ausbildung wählte der Autor ein Thema der Abschlussarbeit, das mehrere wirtschaftswissenschaftliche Bereiche miteinander verknüpft. Er schloss das Masterstudium im Jahr 2014 überdurchschnittlich ab.


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Product Details
  • ISBN-13: 9783954852604
  • Publisher: Igel Verlag Gmbh
  • Binding: Paperback
  • Language: German
  • Returnable: N
  • Spine Width: 6 mm
  • Weight: 263 gr
  • ISBN-10: 3954852608
  • Publisher Date: 03 Feb 2015
  • Height: 254 mm
  • No of Pages: 116
  • Series Title: German
  • Sub Title: Gewinner oder Verlierer der Investitionen von Staatsfonds und Beteiligungsunternehmen?
  • Width: 178 mm


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