Vertrags- und Bilanzrecht hybrider Finanzinstrumente by Benjamin H. Ttche
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Vertrags- und Bilanzrecht hybrider Finanzinstrumente

Vertrags- und Bilanzrecht hybrider Finanzinstrumente


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About the Book

Studienarbeit aus dem Jahr 2007 im Fachbereich BWL - Recht, Note: 1,7, Katholische Universität Eichstätt-Ingolstadt (Lehrstuhl für Bürgerliches Recht, Deutsches und Internationales Handels- und Wirtschaftsrecht), Veranstaltung: Seminar Internationales Unternehmensfinanzrecht, Sprache: Deutsch, Abstract: In den vergangenen Jahren führten ein sich verschärfender Wettbewerb und eine fortschreitende Internationalisierung zu einem tief greifenden Wandel in der Finanzierungslandschaft der Unternehmen. Die Unternehmen mussten sich in jüngster Zeit immer neuen Herausforderungen seitens der Märkte als auch seitens der rechtlichen Rahmenbedingungen stellen. Angetrieben wird die Verschärfung der Situation durch Basel II. Bereits Ende 2006 hat die Bundesanstalt für Finanzdienstleistungsaufsicht den ersten Kreditinstituten Zulassungsbescheide für bankinterne Risikosteuerungssysteme erteilt. Hiermit durften diese bereits zum 01.01.2007 die Eigenkapitalunterlegung für die von ihnen eingegangenen Kreditrisiken selbst ermitteln. Die Höhe der Eigenkapitalunterlegung ist dabei abhängig von dem ermittelten Kreditrisiko. Dabei lässt sich eine einfache Formel für die Konditionengestaltung seitens der Kreditinstitute herleiten. Weist der Kreditnehmer eine gute Bonität auf, so besteht nur ein geringes Risiko, dass der Kredit ausfällt und der Kreditnehmer zahlt niedrigere Kreditzinsen. Ist die Bonität jedoch schlecht, so ist das Risiko größer und der Kreditnehmer zahlt höhere Kreditzinsen. Ein größeres Gewicht fällt dabei zukünftig auf Eigenkapitalausstattung der Kreditnehmer. Hier konstituiert sich das Dilemma der deutschen Unternehmen, denn diese haben traditionell einen hohen Fremdkapitalanteil. Dies ist das Resultat einer steuerlichen Bevorzugung von Fremdkapital in Deutschland. In den vergangenen Jahren wurde eine Vielzahl von Finanzierungsformen entwickelt, wodurch die steuerliche Bevorzugung von Fremdkapital weiterhin sichergestellt-, die Eigenkapitalposition der Unternehmen aber de


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Product Details
  • ISBN-13: 9783638683395
  • Publisher: Grin Verlag
  • Publisher Imprint: Grin Verlag
  • Height: 210 mm
  • No of Pages: 60
  • Series Title: German
  • Weight: 141 gr
  • ISBN-10: 3638683397
  • Publisher Date: 18 Jul 2007
  • Binding: Paperback
  • Language: German
  • Returnable: N
  • Spine Width: 4 mm
  • Width: 148 mm


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