rdf-syntax-grammar
mods:
  schema location: http://www.loc.gov/mods/v3 http://www.loc.gov/standards/mods/v3/mods-3-2.xsd
  title info:
    non sort: A
    title: Stakeholder Rationale for Risk Management
    sub title: Implications for Corporate Finance Decisions
  name:
    name part: Gossy, Gregor.
    role:
      role term: creator
    role:
      role term: author.
  name:
    name part: SpringerLink (Online service)
  type of resource: text
  origin info:
    place:
      place term: gw
    date issued: 2008
    issuance: monographic
  language:
    language term: eng
  physical description:
    form: electronic
    form: electronic resource
    reformatting quality: access
    form: remote
    extent: XVIII, 210 p. online resource.
  abstract: 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.
  table of contents: 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.
  note: by Gregor Gossy.
  subject:
    topic: Finance
  subject:
    topic: Public finance
  subject:
    topic: Economics
  subject:
    topic: Public Economics
  subject:
    topic: Finance, general
  classification: HJ9-9940
  classification: 336
  related item:
    title info:
      title: Springer eBooks
  identifier: 9783834997586
  identifier: http://dx.doi.org/10.1007/978-3-8349-9758-6
  record info:
    record creation date: 100301
    record change date: 20151204181821.0
    record identifier: 978-3-8349-9758-6