Workshop on "The future of corporate financing in an
integrating EU financial market"
Starting from observations on the importance of efficient financial system, the finance-growth link in the enlarged EU, and the factors driving the ongoing progressive disintermediation process, key questions addressed by the workshop were to investigate (i) what is needed to make the EU's broader and deeper financial system more efficient; (ii) the implications of this process on corporate governance issues and (iii) how this process is supported by financial sector regulation.
Session 1: Relevance of financial system performance and investigation of the finance-growth link in the enlarged EU
Session 2: Evolution of corporate financing structures: Progress of market financing and the role of derivatives
Session 3: Implications of progressing financial integration: Pressure for liquid, transparent and cost efficient markets
Session 4: Challenges from a broader financial system: The aspect of corporate governance and financial regulation.
Panel: Discussion of main lessons and key policy implications
Contributions. Copyright with the authors
Bernhard Speyer (Deutsche Bank Research): Credit derivatives and their
impact on corporate lending - presentation (pdf
file 167 kb) and paper accessible via the DB Research website