Hybrides Kapital im Jahresabschluss: Zugleich zum Begriff des Eigenkapitals in Insolvenzrecht, Bankaufsichtsrecht und Ratingmethodik

Andreas Hoerning

Published by De Gruyter 2011

Hybrides Kapital im Jahresabschluss

Zugleich zum Begriff des Eigenkapitals in Insolvenzrecht, Bankaufsichtsrecht und Ratingmethodik

Hybrid Capital in Annual Financial Statements

Andreas Hoerning

Volume 41 in the series Schriften zum Europäischen und Internationalen Privat-, Bank- und Wirtschaftsrecht

https://doi.org/10.1515/9783110261509

Overview
Contents

About this book

This book deals with the presentation of hybrid financial instruments in financial statements (IFRS and German accounting rules/HGB). It is situated at the interface between different fields of law: contracts, company law, insolvency law, and accounting law. In addition, it contains comparisons to banking supervision law and the methodologies on hybrid capital used for credit ratings. Hybrid financial instruments are situated between equity and debt, thus the different notions of equity in public and private ordering form the core of this work.

Part 1 describes four of the most important hybrid instruments: subordinated debt, participation rights (Genussrechte), silent partnerships, and hybrid bonds. Part 2 deals with the relevance of certain contractual clauses ('modules') in capital/credit agreements, e.g. the different forms of subordination, for the users of financial statements. A deep-dive shows the effects of specific modules before and in case of insolvency of the capital recipient. Part 3 shows how the relevant information on hybrid capital is presented in financial statements (IFRS and HGB), including the proximity of an instrument to 'pure' equity or debt.

Author / Editor information

Andreas Hoerning, Humboldt-Universität zu Berlin.

Topics

Frontmatter Requires Authentication Unlicensed Licensed Download PDF	I
Vorwort Requires Authentication Unlicensed Licensed Download PDF	V
Inhaltsübersicht Requires Authentication Unlicensed Licensed Download PDF	VII
Inhaltsverzeichnis Requires Authentication Unlicensed Licensed Download PDF	XI
Abbildungsverzeichnis Requires Authentication Unlicensed Licensed Download PDF	XVII
Abkürzungsverzeichnis Requires Authentication Unlicensed Licensed Download PDF	XIX
Einführung Requires Authentication Unlicensed Licensed Download PDF	1
Teil 1. Phänomen: Hybride Finanzierungsinstrumente und ihre Module Requires Authentication Unlicensed Licensed Download PDF	25
Teil 2. Bedeutung: Informationsbedarf über einzelne Module Requires Authentication Unlicensed Licensed Download PDF	59
Teil 3. Abbildung: Module der Finanzierungsinstrumente im Jahresabschluss Requires Authentication Unlicensed Licensed Download PDF	109
Zusammenfassung Requires Authentication Unlicensed Licensed Download PDF	201
Literaturverzeichnis Requires Authentication Unlicensed Licensed Download PDF	211
Verzeichnis der Hybridemissionen Requires Authentication Unlicensed Licensed Download PDF	231
Stichwortverzeichnis Requires Authentication Unlicensed Licensed Download PDF	233

(Deutsch)

Language: German
Publisher: De Gruyter
Audience: Academics, Libraries, Institutes
Pages
- Front matter: 23
- Main content: 234
Illustrations
- Illustrations: 13
Keywords: Capital Structure; Business Law

eBook

Published: August 29, 2011
ISBN: 9783110261509

Hardcover

Published: August 19, 2011
ISBN: 9783110261493