Absentee capitalism
A pejorative term for the fact that investors are often no longer personally connected with a company, as was the case in earlier times with respect to shareholders and lending banks (the investment in a business by investors who will have no contact with the company or workers). Yes, in many cases the investors do not know the company at all. They even invest their money worldwide in order to achieve the highest possible profit. This also applies to German institutions, which invested large sums in completely opaque securitization papers that turned out to be junk papers in the end. Some see this development as a death germ for the financial market as well. – See One-NightStand, subprime crisis.
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/