@misc{KrollVogel2013, author = {Kroll, Alexander and Vogel, Dominik}, title = {The PSM-leadership fit}, series = {Postprints der Universit{\"a}t Potsdam : Wirtschafts- und Sozialwissenschaftliche Reihe}, journal = {Postprints der Universit{\"a}t Potsdam : Wirtschafts- und Sozialwissenschaftliche Reihe}, number = {77}, issn = {1867-5808}, url = {http://nbn-resolving.de/urn:nbn:de:kobv:517-opus4-100853}, year = {2013}, abstract = {This article examines the use of performance information by public managers. It conceptualizes purposeful data use as a type of extra-role behaviour which requires additional effort on the part of the managers and which is not extrinsically rewarded. The article sheds light on one potential antecedent of performance information use - the motivation of the users. It argues that we can observe high levels of data use if managers driven by public service motivation (PSM) work under transformational leaders. Using a needs-supply perspective on supervisors and followers we suggest that there is a PSM-leadership fit which fosters the performance of this extra-role behaviour. The article is based on data from German local government and its findings contribute to the literatures on PSM as well as on performance management.}, language = {en} } @book{Boehme2013, author = {B{\"o}hme, Dimo}, title = {EU-Russia energy relations: What chance for solutions? : A focus on the natural gas sector}, isbn = {978-3-86956-278-0}, url = {http://nbn-resolving.de/urn:nbn:de:kobv:517-opus-63022}, publisher = {Universit{\"a}t Potsdam}, year = {2013}, abstract = {Public debate about energy relations between the EU and Russia is distorted. These distortions present considerable obstacles to the development of true partnership. At the core of the conflict is a struggle for resource rents between energy producing, energy consuming and transit countries. Supposed secondary aspects, however, are also of great importance. They comprise of geopolitics, market access, economic development and state sovereignty. The European Union, having engaged in energy market liberalisation, faces a widening gap between declining domestic resources and continuously growing energy demand. Diverse interests inside the EU prevent the definition of a coherent and respected energy policy. Russia, for its part, is no longer willing to subsidise its neighbouring economies by cheap energy exports. The Russian government engages in assertive policies pursuing Russian interests. In so far, it opts for a different globalisation approach, refusing the role of mere energy exporter. In view of the intensifying struggle for global resources, Russia, with its large energy potential, appears to be a very favourable option for European energy supplies, if not the best one. However, several outcomes of the strategic game between the two partners can be imagined. Engaging in non-cooperative strategies will in the end leave all stakeholders worse-off. The European Union should therefore concentrate on securing its partnership with Russia instead of damaging it. Stable cooperation would need the acceptance that the partner may pursue his own goals, which might be different from one's own interests. The question is, how can a sustainable compromise be found? This thesis finds that a mix of continued dialogue, a tit for tat approach bolstered by an international institutional framework and increased integration efforts appears as a preferable solution.}, language = {en} } @phdthesis{Ganahl2013, author = {Ganahl, Joseph Patrick}, title = {Corruption, good governance, and the African state : a critical analysis of the political-economic foundations of orruption in Sub-Saharan Africa}, publisher = {Universit{\"a}tsverlag Potsdam}, address = {Potsdam}, isbn = {978-3-86956-248-3}, url = {http://nbn-resolving.de/urn:nbn:de:kobv:517-opus-65167}, school = {Universit{\"a}t Potsdam}, pages = {x, 300}, year = {2013}, abstract = {African states are often called corrupt indicating that the political system in Africa differs from the one prevalent in the economically advanced democracies. This however does not give us any insight into what makes corruption the ruling norm of African statehood. Thus we must turn to the overly neglected theoretical work on the political economy of Africa in order to determine how the poverty of governance in Africa is firmly anchored both in Africa's domestic socioeconomic reality, as well as in the region's role in the international economic order. Instead of focusing on increased monitoring, enforcement and formal democratic procedures, this book integrates economic analysis with political theory in order to arrive at a better understanding of the political-economic roots of corruption in Sub-Saharan Africa.}, language = {en} } @book{Dunn2013, author = {Dunn, Malcolm H.}, title = {Inside the capitalist firm : an evolutionary theory of the principal agent-relation}, publisher = {Universit{\"a}tsverlag Potsdam}, address = {Potsdam}, isbn = {978-3-86956-247-6}, url = {http://nbn-resolving.de/urn:nbn:de:kobv:517-opus-65151}, publisher = {Universit{\"a}t Potsdam}, pages = {xxii, 358}, year = {2013}, abstract = {This book deals with the inner life of the capitalist firm. There we find numerous conflicts, the most important of which concerns the individual employment relationship which is understood as a principal-agent problem between the manager, the principal, who issues orders that are to be followed by the employee, the agent. Whereas economic theory traditionally analyses this relationship from a (normative) perspective of the firm in order to support the manager in finding ways to influence the behavior of the employees, such that the latter - ideally - act on behalf of their superior, this book takes a neutral stance. It focusses on explaining individual behavioral patterns and the resulting interactions between the actors in the firm by taking sociological, institutional, and above all, psychological research into consideration. In doing so, insights are gained which challenge many assertions economists take for granted.}, language = {en} } @article{Menichetti2013, author = {Menichetti, Marco et al.}, title = {The Exchange Rate Dimension in International Asset Allocation}, series = {Protokollband 2013}, journal = {Protokollband 2013}, publisher = {Universit{\"a}tsverlag Potsdam}, address = {Potsdam}, url = {http://nbn-resolving.de/urn:nbn:de:kobv:517-opus-68810}, pages = {85 -- 101}, year = {2013}, abstract = {1. Motivation and introduction 2. International asset allocation 2.1 Risk and return drivers in international asset allocation 2.2 Passive and active investment approaches 2.3 Is international diversification advantageous? 3. Case 4. Interaction levels of the exchange rate dimension 4.1 Role of the reference currency 4.2 Decision on hedging exchange rate risks 4.3 Role of the investment currency 4.4 Role of the investment claim 5. Conclusion}, language = {en} } @article{Gao2013, author = {Gao, Jie}, title = {China's Bank Reform and the Roles of Sovereign Wealth Fund}, series = {Protokollband 2013}, journal = {Protokollband 2013}, publisher = {Universit{\"a}tsverlag Potsdam}, address = {Potsdam}, url = {http://nbn-resolving.de/urn:nbn:de:kobv:517-opus-68800}, pages = {73 -- 84}, year = {2013}, abstract = {1. Introduction of China's bank reform 1.1 Stage 1 (1978-1993): Rebuilding the financial system 1.2 Stage 2 (1994-1997): Regulating the financial system 1.3 Stage 3 (1998-2002): Deepening reform of state-owned commercial banks 1.4 Stage 4 (2003-present): Public listing of state-owned banks 2. The roles of SWF in China's bank reform 3. Future challenges}, language = {en} } @article{Hummel2013, author = {Hummel, Detlev}, title = {The Corporate Governance of Banks}, series = {Protokollband 2013}, journal = {Protokollband 2013}, publisher = {Universit{\"a}tsverlag Potsdam}, address = {Potsdam}, url = {http://nbn-resolving.de/urn:nbn:de:kobv:517-opus-68779}, pages = {177 -- 191}, year = {2013}, abstract = {1. Introduction 2. The role of banks and what is different in banks? 3. Corporate Governance and risk management 4. Risk taking and executive board composition 5. Compensation structures - how to improve models for banks? 6. Banking supervision and regulation 7. Reform of European institutions for financial stability}, language = {en} } @article{Noack2013, author = {Noack, Harald}, title = {Perspectives of European Banking Regulations}, series = {Protokollband 2013}, journal = {Protokollband 2013}, publisher = {Universit{\"a}tsverlag Potsdam}, address = {Potsdam}, url = {http://nbn-resolving.de/urn:nbn:de:kobv:517-opus-68760}, pages = {167 -- 175}, year = {2013}, abstract = {1. Introduction 2. The architecture of the financial market regulation in Europe prior to the crisis 3. The new architecture of the financial market regulation in Europe 4. Actual issues of the political discussion on further needs to adapt the regulation and the structure of the financial markets in Europe 5. A brief summary}, language = {en} } @article{Dolde2013, author = {Dolde, Walter}, title = {US Banks, Competitive Advantage, and the Volcker Rule}, series = {Protokollband 2013}, journal = {Protokollband 2013}, publisher = {Universit{\"a}tsverlag Potsdam}, address = {Potsdam}, url = {http://nbn-resolving.de/urn:nbn:de:kobv:517-opus-68755}, pages = {155 -- 165}, year = {2013}, abstract = {1. Porter strategic competitive analysis 2. A Porter analysis of the competitive advantage of banks in business lending and proprietary trading 3. Summary, competitive advantage of banks in business lending and proprietary trading 4. JPMorgan's "London Whale" speculation 5. A common misapprehension about hedged positions in corporate debt 6. Conclusion}, language = {en} } @article{Mikolayczyk2013, author = {Mikolayczyk, Rolf-Peter}, title = {Banking Regulation in the US and Basel III}, series = {Protokollband 2013}, journal = {Protokollband 2013}, publisher = {Universit{\"a}tsverlag Potsdam}, address = {Potsdam}, url = {http://nbn-resolving.de/urn:nbn:de:kobv:517-opus-68744}, pages = {135 -- 153}, year = {2013}, abstract = {1. Introduction 2. Banking crises/regulation - some history 3. New rules and regulations for US banking 4. Basel III/history of Basel accords 5. Final thought}, language = {en} } @article{Brodehser2013, author = {Brodehser, Peter}, title = {Quo Vadis Infrastructure Financing?}, series = {Protokollband 2013}, journal = {Protokollband 2013}, publisher = {Universit{\"a}tsverlag Potsdam}, address = {Potsdam}, url = {http://nbn-resolving.de/urn:nbn:de:kobv:517-opus-68738}, pages = {119 -- 132}, year = {2013}, abstract = {1. Introduction 2. The project finance market in 2006/2007 3. Areas affected by the global financial crisis 4. Areas affected by the euro financial crisis 5. Basel III and the consequences for infrastructure financing 6. Outlook - Where do we go from here?}, language = {en} } @article{Rubtsov2013, author = {Rubtsov, Boris}, title = {The Russian Securities Market}, series = {Protokollband 2013}, journal = {Protokollband 2013}, publisher = {Universit{\"a}tsverlag Potsdam}, address = {Potsdam}, url = {http://nbn-resolving.de/urn:nbn:de:kobv:517-opus-68720}, pages = {105 -- 118}, year = {2013}, abstract = {1. Introduction 2. Instruments 2.1 Stocks 2.2 Debt securities 3. Institutions 4. Conclusion}, language = {en} } @article{Nikitina2013, author = {Nikitina, Tatjana}, title = {Banking System in Russia}, series = {Protokollband 2013}, journal = {Protokollband 2013}, publisher = {Universit{\"a}tsverlag Potsdam}, address = {Potsdam}, url = {http://nbn-resolving.de/urn:nbn:de:kobv:517-opus-68715}, pages = {103}, year = {2013}, language = {en} } @article{Su2013, author = {Su, Qin}, title = {The Growth and Challenges of Small- and Medium-Sized Banks in China}, series = {Protokollband 2013}, journal = {Protokollband 2013}, publisher = {Universit{\"a}tsverlag Potsdam}, address = {Potsdam}, url = {http://nbn-resolving.de/urn:nbn:de:kobv:517-opus-68685}, pages = {55 -- 71}, year = {2013}, abstract = {1. Introduction 2. The growth of China's SMBs and the changes of the banking market structure - a land of small- and medium-sized companies 2.1 The characteristics of China's banking market structure 2.2 The growth of China's SMBs 2.3 The changes of China's banking market structure 3. The opportunities and challenges facing SMBs in China 3.1 Opportunities 3.2 Challenges 4. Conclusion}, language = {en} } @article{Zou2013, author = {Zou, Yasheng}, title = {Basel III and Its Implementation in China's Banking Industry}, series = {Protokollband 2013}, journal = {Protokollband 2013}, publisher = {Universit{\"a}tsverlag Potsdam}, address = {Potsdam}, url = {http://nbn-resolving.de/urn:nbn:de:kobv:517-opus-68673}, pages = {43 -- 54}, year = {2013}, abstract = {1. Introduction 2. Analysis of implementation of the Basel III in China 2.1 Implementation of capital adequacy rules 2.2 Implementation of leverage ratio rules 2.3 Implementation of liquidity management rules 3. Suggestions for further development of China's banking industry 3.1 Promoting capital structure adjustment and broadening capital supplement channels 3.2 Transforming business models and developing intermediary and off-balance business 3.3 Increasing the intensity of risk management and refining its standards}, language = {en} } @article{Chen2013, author = {Chen, Tao}, title = {The Effect of Chinese Monetary Policy on Banking During the Global Financial Crisis}, series = {Protokollband 2013}, journal = {Protokollband 2013}, publisher = {Universit{\"a}tsverlag Potsdam}, address = {Potsdam}, url = {http://nbn-resolving.de/urn:nbn:de:kobv:517-opus-68663}, pages = {27 -- 41}, year = {2013}, abstract = {1. Abstract 2. Introduction to the main monetary policy tools in China 2.1 Reserve requirements 2.2 Open market operations 2.3 Interest rate policy 2.4 Credit policy and window guidance 2.5 Real estate credit control 3. Loosening monetary policy and its effect on the banking 3.1 Loosening monetary policy measures 3.2 The effect of the expansionary monetary policy on the banking 4. Sound monetary policy with tight trend and its effect on banking 4.1 Main measures of the sound monetary policy with tight trend 4.2 The effect of sound monetary policy with tight trend on banking 5. Conclusion}, language = {en} } @article{Faltermeier2013, author = {Faltermeier, Rudolf}, title = {The German Banking System}, series = {Protokollband 2013}, journal = {Protokollband 2013}, publisher = {Universit{\"a}tsverlag Potsdam}, address = {Potsdam}, url = {http://nbn-resolving.de/urn:nbn:de:kobv:517-opus-68657}, pages = {13 -- 25}, year = {2013}, abstract = {1. The German banking system 1.1 Three pillar structure 1.2 Business aims 2. The German economy 2.1 A land of small and medium-sized companies 2.2 Banking system and economy fit together 3. Experience in the crisis 3.1 Customer behaviour 3.2 Risk situation 3.3 Profitability 4. Conclusion}, language = {en} } @article{Schubert2013, author = {Schubert, Michael}, title = {LBB and LBB Research During and After the Crisis}, series = {Protokollband 2013}, journal = {Protokollband 2013}, publisher = {Universit{\"a}tsverlag Potsdam}, address = {Potsdam}, url = {http://nbn-resolving.de/urn:nbn:de:kobv:517-opus-68644}, pages = {11}, year = {2013}, abstract = {The presentation of Dr. Albrecht Sommer, head of the Office for Strategic Issues Berlin/ Brandenburg branch of Deutsche Bundesbank, dealt with the Central Bank's monetary policy during and post European financial crisis.}, language = {en} } @article{Sommer2013, author = {Sommer, Albrecht}, title = {The European Financial Crisis, European Central Bank Policy, and the Deutsche Bundesbank}, series = {Protokollband 2013}, journal = {Protokollband 2013}, publisher = {Universit{\"a}tsverlag Potsdam}, address = {Potsdam}, url = {http://nbn-resolving.de/urn:nbn:de:kobv:517-opus-68635}, pages = {9 -- 10}, year = {2013}, language = {en} } @inproceedings{OPUS4-6578, title = {The Euro Financial Crisis : impacts on banking, capital markets, and regulation ; report of the international workshop in Potsdam on July 20/21, 2012}, editor = {Hummel, Detlev}, isbn = {978-3-86956-252-0}, url = {http://nbn-resolving.de/urn:nbn:de:kobv:517-opus-65228}, year = {2013}, abstract = {On July 20/21 in 2012, an international workshop was held on the subject of the global impact of the Euro-Financial-Crisis at the University of Potsdam. Prof. Dr. Detlev Hummel, faculty Finance and Banking, was the host of the event. Academic colleagues from Beijing, Moscow and Connecticut (USA) as well as domestic capital market and banking experts presented their analyses. Different aspects of national and international finance markets were examined, with a focus on the European region, China and Russia. Mistakes and failures of the banking regulations were identified as one, but note the sole cause of the economic problems. A lack of budget discipline of some politicians and the loss of business competitiveness of certain European nations were mentioned, too. Some members of the European Union did not succeed in mastering the challenges of the global economy. There have been structural issues in some states that impede their competitiveness in the global market, for example with China. The participants pointed out a number of other reasons for the crisis, like dubious distribution types as well as a lack of transparency of certain financial products. Furthermore, remuneration and incentive schemas of investment banks and especially the reckless risk management policy of large banks were identified as other factors for the crisis. The participants of the international workshop in Potsdam agree that the birth of the Euro-currency was a political event and will remain a challenge. The reform of the banking supervision and further steps towards an economic and fiscal union are new research tasks.}, language = {en} }