user
0
Su pedido

Tu pedido

Su carro de la compra está vacío

Materias

Mobilizing Money "How the World's Richest Nations Financed Industrial Growth"

Mobilizing Money "How the World's Richest Nations Financed Industrial Growth"

Compartir en:

(0 Comentarios)
Comenta y valora este libro

pvp.80,10 €

Disponible entre 11 y 20 dias

  • ISBN:9780521810210
  • Editorial: Cambridge University Press
  • Fecha de la edición:
  • Encuadernación:
  • Nº Pág.:265
  • Idiomas:Ingles

Materias:

This book examines the origins of modern corporate finance systems during the rapid industrialization period leading up to World War I; leading to three sets of conclusions. First, modern financial systems are rooted in the past, are idiosyncratic to specific countries and are highly path-dependent. Therefore, to understand current financial institutions, we must take stock of the forces at play in the near and distant past. Second, financial institutions and markets do not create economic growth without significant first steps in industrial development and supporting institutions. Third, and most important from the modern policy standpoint, there is no 'one-size-fits-all' solution to financial system design and industrial development. Having specific types of financial institutions is far less important than developing a strong, stable and legally protected financial system with a rich diversity of institutions and vibrant markets that can adapt to changing needs.

1. Introduction; 2. Development of banking and corporate financial systems; 3. Organization and performance of early commercial banking systems; 4. Corporate governance and bank-firm relationships; 5. Corporate finance and the role of bank relationships; 6. Classifying financial systems; 7. Determinants of financial system design; 8. Long-run consequences of financial system design; 9. Conclusion.

Otros libros de Fohlin, Caroline

Otros libros de Banca