Law, economics, social sciences

As a result of the increasing capital requirements of non-listed companies and the continuously increasing investment needs of institutional and private investors, private equity covers a segment of the capital market that has been growing for decades. The private equity companies (PEG) see themselves as active insider investors who take on evaluation and selection functions, transaction execution, support and exit functions in the investment process. The risks associated with this, in particular the issues of portfolio building by PEGs, were...

The author examines the legal aspects of concluding transport contracts over the Internet in a factual manner and in easily understandable language. The starting point of the investigation are the defensive clauses contained in many general terms and conditions of transport companies with regard to the acceptance of shipments with certain contents or values. The question of what consequences there are for the conclusion and continued existence of the contract of carriage if no or incorrect information about the shipment...

For the first time in the history of European integration, the Treaty of Lisbon allows a member country to leave the EU without giving a reason. What consequences could the exit option have? Can it be assumed that the member countries will not consider leaving the EU because EU membership has been so advantageous up to now? Or will the end of the European integration process be heralded with the now explicit option to leave? Could the right to withdraw...

Corresponding to the saying "Too many cooks spoil the broth" political decision-making is a challenging issue, especially when more than one party is involved. In the common opinion, political fragmentation either in parliament or in government slows down the legislative process and causes reform blockades. Whether too many cooks are really the source of these drawbacks is questionable as many other factors such as compensation payments, strategies and social norms are also connected with the process of decision-making and the...

Even in the 21st century, depression is still a taboo subject, especially when it comes to male members of our society who are affected by this disease. In the first part of this research work, the clinical picture of depression and its multifactorial, i.e. social, cognitive and psycho(pathological) conditions of origin will be shown on the basis of a specific case. The basis for this is the narrative interview, which was previously conducted with a 26-year-old young man and from...

Especially in times of economic tension, there is a feeling that financial markets do not contribute to the common good. In the course of increasing globalization, financial and currency crises not only harm the local polluters, but also seemingly uninvolved groups of society beyond national borders. Overall, international capital flows have a decisive influence on the development of the global economy due to their volume and speed. It is therefore necessary for financial markets to function in accordance with their...

Since the beginning of the reform and opening-up policy, China has confirmed its ability to change through very high economic growth and relatively low inflation rates. The People's Bank of China, as the Chinese central bank, has made an outstanding contribution to economic development through its monetary policy. Due to the different economic and financial structure compared to Western countries, the functioning and logic of Chinese monetary policy is characterized by a number of special features. This book provides an...

The introduction of a single currency was the political goal pursued on the African continent when the Organization for African Unity was founded in 1963. The aim of this dissertation is to analyze the possibility of implementing a single currency in Africa. The economic integration process will be at the center of the debate. i.e. the accent of this present work is not only on the single currency itself, but and much more on the path of integration that leads...

The present book follows the emerged view and growing awareness of the enhancing and discouraging effects in recent years that institutions may play for the female labor force participation. These institutions encompass formal and informal social rules and norms (customs, traditions, codes of conduct). The aim of this work is to examine the effect of several such social institutions (formal and informal constraints) imposed on women, which were provided by the OECD Social Institutions and Development Database (GID) and are...

The development of the European security architecture in the post-bipolar period is subject to immense economic fluctuations and dynamics in terms of security policy, which came to the fore after the collapse of the Soviet Union and the dissolution of the communist bloc. Turkey, which belonged to the Western camp during the "Cold War", today, like the European Union, sees itself facing major challenges in maintaining security policy stability within its sphere of interest. Asymmetric warfare, wars of the 'third...

The unions are at a crossroads. Although the much-cited crisis of the trade unions does not endanger their existence, it does require a decision regarding their function and their understanding of their role. The decision is: Do the unions accept the new balance of power between labor and capital and assume the role of a pragmatic companion to modernization, relying on derived power as an ordering factor, which is still granted to them by capital and the state? Do the...

The unions are at a crossroads. Although the much-cited crisis of the trade unions does not endanger their existence, it does require a decision regarding their function and their understanding of their role. The decision is: Do the unions accept the new balance of power between labor and capital and assume the role of a pragmatic companion to modernization, relying on derived power as an ordering factor, which is still granted to them by capital and the state? Do the...