Diploma Thesis from the year 2001 in the subject Business economics - Investment and Finance, grade: 2,0, International Management School Malente GmbH (Internationale Betriebswirtschaftslehre), language: English, abstract: Inhaltsangabe:Abstract:
The essay is about the English and the German banking system, their characteristics and the implications of these.
As the English banking system is defined as a specialised banking system and the German one is known as a universal banking system, these terms are explained in the first chapter. Furthermore, the chapter deals with the history of both systems to make clear why these two banking systems developed into two different directions.
After having looked at the differences of the two alternative banking systems, their structure is analysed in more detail in the second chapter. All different kinds of banks existing in England and Germany are identified and their scope of functions and goals are described.
In the followingsome important features of the banking systems, such as short-termism and corporate governance, are analysed in great detail. This means that these features are defined and their causes and consequences are identified and evaluated.
After the different banking systems have been described with regard to their structure and features, the objective of the next chapter is, to point out the implications of these systems on companies performance. Therefore it is first of all necessary to define performance and the factors being responsible for a high or low economic performance. Afterwards, the influence of the banking systems on these factors are analysed.
The last chapter of this essay shortly describes other existing opinions concerning the structure of the banking systems and their implications on companies performance. Furthermore, the chapter points out some tendencies for the future development of these banking systems.
Inhaltsverzeichnis:Table of Contents:
LIST OF ABBREVIATIONSI
LIST OF FIGURESII
LIST OF TABLESII
1.INTRODUCTION1
2.PRESENTING THE TWO ALTERNATIVE FINANCIAL SYSTEMS2
2.1THE GERMAN FINANCIAL SYSTEM AND ITS HISTORY2
2.2THE BRITISH BANKING SYSTEM AND ITS HISTORY3
3.STRUCTURE OF THE BANKING SYSTEMS3
3.1GERMANY3
3.1.1General Information4
3.1.2Universal Banks5
3.1.2.1Private Commercial Banks5
3.1.2.2Savings Bank Sector6
3.1.2.3Cooperative Sector7
3.1.3Specialised Banks8
3.2UK9
3.21.1The Banking System in General10
3.2.2Authorised Banks11
3.2.2.1Retail Banking in the UK11
3.2.2.2Wholesale Banking12
3.2.3Listed Discount Market Institutions14
3.2.4Other Financial Institutions14
4.FEATURES OF THE BANKING SYSTEMS15
4.1PROVISION OF CAPITAL AND FUNDING FOR INDUSTRY15
4.1.1Funding Possibilities15
4.1.2Special Needs of Small and Medium-sized Companies17
4.2SHORT - TERMISM18
4.2.1How to Define Short-termism ?18
4.2.2Institutional Investors Requirements as the Major Cause for Short-termism18
4.2.3Consequences of Short-termism: R&D19
4.2.4Consequences of Short-termism: Take-over Activities22
4.2.4.1Take-over activities: Definition, Targets and Risks22
4.2.4.2Hostile Take-overs23
4.3CORPORATE GOVERNANCE25
4.3.1The English and the German System of Corporate Governance25
4.3.2Supervisory Boards26
4.3.3Shareholding27
5.PERFORMANCE OF COMPANIES29
5.1SELECTED FACTORS OF INFLUENCE ON ECONOMIC PERFORMANCE29
5.1.1The Macroeconomic Environment30
5.1.2Education and Training31
5.1.3The Company Management32
5.1.4Innovation33
5.1.5Funding Costs33
5.2EVALUATION OF THE COMPANIES' PERFORMANCE34
6.RÉSUMÉ34
6.1DIFFERING OPINIONS CONCERNING THE BANKING SYSTEMS35
6.1.1Five types of universal banks35
6.1.2Subordinate importance ...
Hinweis: Dieser Artikel kann nur an eine deutsche Lieferadresse ausgeliefert werden.
The essay is about the English and the German banking system, their characteristics and the implications of these.
As the English banking system is defined as a specialised banking system and the German one is known as a universal banking system, these terms are explained in the first chapter. Furthermore, the chapter deals with the history of both systems to make clear why these two banking systems developed into two different directions.
After having looked at the differences of the two alternative banking systems, their structure is analysed in more detail in the second chapter. All different kinds of banks existing in England and Germany are identified and their scope of functions and goals are described.
In the followingsome important features of the banking systems, such as short-termism and corporate governance, are analysed in great detail. This means that these features are defined and their causes and consequences are identified and evaluated.
After the different banking systems have been described with regard to their structure and features, the objective of the next chapter is, to point out the implications of these systems on companies performance. Therefore it is first of all necessary to define performance and the factors being responsible for a high or low economic performance. Afterwards, the influence of the banking systems on these factors are analysed.
The last chapter of this essay shortly describes other existing opinions concerning the structure of the banking systems and their implications on companies performance. Furthermore, the chapter points out some tendencies for the future development of these banking systems.
Inhaltsverzeichnis:Table of Contents:
LIST OF ABBREVIATIONSI
LIST OF FIGURESII
LIST OF TABLESII
1.INTRODUCTION1
2.PRESENTING THE TWO ALTERNATIVE FINANCIAL SYSTEMS2
2.1THE GERMAN FINANCIAL SYSTEM AND ITS HISTORY2
2.2THE BRITISH BANKING SYSTEM AND ITS HISTORY3
3.STRUCTURE OF THE BANKING SYSTEMS3
3.1GERMANY3
3.1.1General Information4
3.1.2Universal Banks5
3.1.2.1Private Commercial Banks5
3.1.2.2Savings Bank Sector6
3.1.2.3Cooperative Sector7
3.1.3Specialised Banks8
3.2UK9
3.21.1The Banking System in General10
3.2.2Authorised Banks11
3.2.2.1Retail Banking in the UK11
3.2.2.2Wholesale Banking12
3.2.3Listed Discount Market Institutions14
3.2.4Other Financial Institutions14
4.FEATURES OF THE BANKING SYSTEMS15
4.1PROVISION OF CAPITAL AND FUNDING FOR INDUSTRY15
4.1.1Funding Possibilities15
4.1.2Special Needs of Small and Medium-sized Companies17
4.2SHORT - TERMISM18
4.2.1How to Define Short-termism ?18
4.2.2Institutional Investors Requirements as the Major Cause for Short-termism18
4.2.3Consequences of Short-termism: R&D19
4.2.4Consequences of Short-termism: Take-over Activities22
4.2.4.1Take-over activities: Definition, Targets and Risks22
4.2.4.2Hostile Take-overs23
4.3CORPORATE GOVERNANCE25
4.3.1The English and the German System of Corporate Governance25
4.3.2Supervisory Boards26
4.3.3Shareholding27
5.PERFORMANCE OF COMPANIES29
5.1SELECTED FACTORS OF INFLUENCE ON ECONOMIC PERFORMANCE29
5.1.1The Macroeconomic Environment30
5.1.2Education and Training31
5.1.3The Company Management32
5.1.4Innovation33
5.1.5Funding Costs33
5.2EVALUATION OF THE COMPANIES' PERFORMANCE34
6.RÉSUMÉ34
6.1DIFFERING OPINIONS CONCERNING THE BANKING SYSTEMS35
6.1.1Five types of universal banks35
6.1.2Subordinate importance ...
Hinweis: Dieser Artikel kann nur an eine deutsche Lieferadresse ausgeliefert werden.