Financial System of Germany Essay

51825 WordsNov 18, 2012208 Pages
The German system of finance and corporate governance: Gateways to change and implications for firm performance DISSERTATION at the University of St. Gallen, Graduate School of Business Administration, Economics, Law and Social Sciences (HSG) to obtain the title of Doctor of Business Administration submitted by Alexis Owtscharov from Germany Approved on the application of Prof. Winfried Ruigrok, PhD and Prof. Dr. Alexander Bassen Dissertation no. 3306 Studentendruckerei Zürich, 2007 I The University of St. Gallen, Graduate School of Business Administration, Economics, Law and Social Sciences (HSG) hereby consents to the printing of the present dissertation, without hereby expressing any opinion on the views herein expressed. St. Gallen, January 22, 2007 The President: Prof. Ernst Mohr, PhD II Acknowledgements First and foremost, I would like to thank my supervisors Prof. Winfried Ruigrok, PhD (University of St. Gallen) and Prof. Dr. Alexander Bassen (University of Hamburg) for the inspiration and support they have provided me with throughout the course of this research project. I am also grateful for having worked together with my colleagues at the Research Institute for International Management at the University of St. Gallen (FIM-HSG) who offered valuable comments and shared their views in interesting discussions. I would like to thank Prof. Peer Fiss (Queen's University), Prof. Howard Gospel (University of Oxford), Prof. Barbara Krug (Erasmus Universiteit Rotterdam), Prof. Glenn Morgan (University of Warwick), Prof. Risto Tainio (Helsinki School of Economics) and Prof. Richard Whitley (University of Manchester) for their valuable comments and suggestions with regard to my research project that they have provided me with at the 21st EGOS Colloquium in Berlin. Furthermore, I would like to express thanks to Dr. Klaus Edel at the Research

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