A Stakeholder Rationale for Risk Management Implications for Corporate Finance Decisions /

Ordinarily, only the interests of shareholders, debtholders, and corporate management are taken into account when analyzing corporate financial decisions while the interests of non-financial stakeholders are often neglected. Gregor Gossy develops a so-called stakeholder rationale for risk management...

Πλήρης περιγραφή

Λεπτομέρειες βιβλιογραφικής εγγραφής
Κύριος συγγραφέας: Gossy, Gregor (Συγγραφέας)
Συγγραφή απο Οργανισμό/Αρχή: SpringerLink (Online service)
Μορφή: Ηλεκτρονική πηγή Ηλ. βιβλίο
Γλώσσα:English
Έκδοση: Wiesbaden : Gabler, 2008.
Θέματα:
Διαθέσιμο Online:Full Text via HEAL-Link
LEADER 02510nam a22004215i 4500
001 978-3-8349-9758-6
003 DE-He213
005 20151204181821.0
007 cr nn 008mamaa
008 100301s2008 gw | s |||| 0|eng d
020 |a 9783834997586  |9 978-3-8349-9758-6 
024 7 |a 10.1007/978-3-8349-9758-6  |2 doi 
040 |d GrThAP 
050 4 |a HJ9-9940 
072 7 |a KFFD  |2 bicssc 
072 7 |a BUS051000  |2 bisacsh 
082 0 4 |a 336  |2 23 
100 1 |a Gossy, Gregor.  |e author. 
245 1 2 |a A Stakeholder Rationale for Risk Management  |h [electronic resource] :  |b Implications for Corporate Finance Decisions /  |c by Gregor Gossy. 
264 1 |a Wiesbaden :  |b Gabler,  |c 2008. 
300 |a XVIII, 210 p.  |b online resource. 
336 |a text  |b txt  |2 rdacontent 
337 |a computer  |b c  |2 rdamedia 
338 |a online resource  |b cr  |2 rdacarrier 
347 |a text file  |b PDF  |2 rda 
505 0 |a Stakeholder Theory -- The Theory of the Firm -- The Theory of Corporate Risk Management -- Theories of Corporate Finance Decisions -- Statistical methodology -- Empirical study -- Conclusions and suggestions for future research. 
520 |a Ordinarily, only the interests of shareholders, debtholders, and corporate management are taken into account when analyzing corporate financial decisions while the interests of non-financial stakeholders are often neglected. Gregor Gossy develops a so-called stakeholder rationale for risk management arguing that firms which are more dependent on implicit claims from their non-financial stakeholders, such as customers, suppliers, and employees, prefer conservative financial policies. In order to perform panel data analyses of the determinants of corporate financial decisions, the author uses data from Austrian and German industrial companies. He shows that variables for a firm’s most important non-financial stakeholders explain the firm’s capital structure and cash holding decisions. His findings suggest that a firm’s choice of accounting standards have a moderating effect on the determinants of corporate finance decisions. 
650 0 |a Finance. 
650 0 |a Public finance. 
650 1 4 |a Economics. 
650 2 4 |a Public Economics. 
650 2 4 |a Finance, general. 
710 2 |a SpringerLink (Online service) 
773 0 |t Springer eBooks 
776 0 8 |i Printed edition:  |z 9783834909855 
856 4 0 |u http://dx.doi.org/10.1007/978-3-8349-9758-6  |z Full Text via HEAL-Link 
912 |a ZDB-2-SBE 
950 |a Business and Economics (Springer-11643)