Studies - Flossbach von Storch

15.05.2020 - Companies

The true costs of share-based compensation

[Translate to English:]

The share-based compensation programs of large corporations often incur immense costs. However the true costs of these programs are not reflected by the income statements.

30.04.2020 - Companies

Paradoxical pension burdens

Why the pension plans of DAX-30 companies are apparently being relieved by the Corona crisis

After the pension burdens had risen steadily in recent years, the capital market turbulence in the wake of the corona crisis should provide significant relief.

28.11.2019 - Companies

Sustainable? Yes...No...Maybe! On the lack of comparability of ESG ratings

Video

The ESG ratings of various providers sometimes differ significantly from one another. A responsible investor should therefore always form his own opinion.

26.09.2019 - Companies

Adjusted but still biased

by Philipp Immenkötter

Video

About half of the DAX companies report adjusted earnings per share that deviate from the accounting standard. Often costs are declared as special effects but are recurrent in nature. Likewise, income that was generated by the costs is left in the res ...

09.09.2019 - Companies

Provisions as an instrument of influencing earning (?)

The DAX companies do not use the leeway in accounting for provisions for accounting purposes. Thus, there is only a weak correlation between the development of provisions and the earnings situation.

08.08.2019 - Companies

In the interest rate trap: DAX-30 pension gap at historic level

Video

Pension burdens of the DAX groups are likely to have climbed to a record high of over 400 billion euros in the first half of the year. Erosive interest rates have caused pension agreements to swell massively.

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