Title
Kapitalmrkte und Banken: Formen der Informationsverarbeitung als konstitutives Merkmal (German Edition),Used
Delivery time: 8-12 business days (International)
Product Description Marcel Tyrell zeigt, dass das wesentliche Unterscheidungsmerkmal von Kapitalmrkten und Banken ihre Art der Informationsverarbeitung ist: Kapitalmrkte externalisieren Information, d.h., wertbestimmende Informationen ber Kapitalmarkttitel werden durch den Preismechanismus ffentlich gemacht. Banken hingegen verarbeiten Informationen ber ihre Kreditnehmer intern, d.h., sie werden zur Lsung bzw. zur Abschwchung von Informations und Anreizproblemen genutzt und bewusst nicht nach auen gegeben. From the Back Cover In der Diskussion um die Vorteilhaftigkeit von kapitalmarkt versus bankorientierten Finanzsystemen werden Kapitalmrkte und Banken als polare Organisationsformen aufgefasst, welche die jeweiligen Finanzsysteme fundamental prgen. Was aber unterscheidet diese beiden Institutionen grundstzlich voneinander? Marcel Tyrell vertritt die These, dass das wesentliche Unterscheidungsmerkmal von Kapitalmrkten und Banken ihre Art der Informationsverarbeitung ist: Kapitalmrkte externalisieren Information, d.h., wertbestimmende Informationen ber Kapitalmarkttitel werden durch den Preismechanismus ffentlich gemacht. Banken hingegen verarbeiten Informationen ber ihre Kreditnehmer intern, d.h., sie werden zur Lsung bzw. zur Abschwchung von Informations und Anreizproblemen genutzt und bewusst nicht nach auen gegeben. Der Autor belegt, dass die Informationsexternalisierung das grundlegende Funktionsprinzip der Kapitalmrkte und die interne Informationsverarbeitung das zentrale konstitutive Element der Banken darstellt. About the Author Dr. Marcel Tyrell promovierte bei Prof. Dr. Reinhard H. Schmidt am Lehrstuhl fr Internationales Bank und Finanzwesen der Universitt Frankfurt (Main). Er ist Habilitand bei Prof. Dr. Reinhard H. Schmidt.
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Shipping & Returns
Shipping
We ship your order within 2–3 business days for USA deliveries and 5–8 business days for international shipments. Once your package has been dispatched from our warehouse, you'll receive an email confirmation with a tracking number, allowing you to track the status of your delivery.
Returns
To facilitate a smooth return process, a Return Authorization (RA) Number is required for all returns. Returns without a valid RA number will be declined and may incur additional fees. You can request an RA number within 15 days of the original delivery date. For more details, please refer to our Return & Refund Policy page.
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This warranty strictly does not cover damages that arose from negligence, misuse, wear and tear, or not in accordance with product instructions (dropping the product, etc.).
Warranty
We provide a 2-year limited warranty, from the date of purchase for all our products.
If you believe you have received a defective product, or are experiencing any problems with your product, please contact us.
This warranty strictly does not cover damages that arose from negligence, misuse, wear and tear, or not in accordance with product instructions (dropping the product, etc.).
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Your payment information is processed securely. We do not store credit card details nor have access to your credit card information.
We accept payments with :
Visa, MasterCard, American Express, Paypal, Shopify Payments, Shop Pay and more.