The Role of Banks in Monitoring Firms: The Case of the Credit Mobilier

Author:   Elisabeth Paulet ,  William Paca Kennedy
Publisher:   Taylor & Francis Ltd
ISBN:  

9781138985506


Pages:   196
Publication Date:   24 April 2016
Format:   Paperback
Availability:   In Print   Availability explained
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The Role of Banks in Monitoring Firms: The Case of the Credit Mobilier


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Overview

This book addresses issues in the current literature on corporate finance using historical evidence. In particular it looks at the role of universal banks in relaxing the credit constraints of firms, supervising managers and stabilizing share prices. The key issues is whether the Anglo-American asset based financing is more efective than the main-bank approach used in Germany and Japan. Earlier studies have found that firms with a close relationship with a major bank have high market value compared to book value, although it is difficult to determine whether this is cause or effect

Full Product Details

Author:   Elisabeth Paulet ,  William Paca Kennedy
Publisher:   Taylor & Francis Ltd
Imprint:   Routledge
Weight:   0.453kg
ISBN:  

9781138985506


ISBN 10:   1138985503
Pages:   196
Publication Date:   24 April 2016
Audience:   College/higher education ,  Tertiary & Higher Education
Format:   Paperback
Publisher's Status:   Active
Availability:   In Print   Availability explained
This item will be ordered in for you from one of our suppliers. Upon receipt, we will promptly dispatch it out to you. For in store availability, please contact us.

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Reviews

'The purpose of this book, based on a doctorate thesis, is original and promising.' - Hubert Bonin, Business History Vol. 42 No.3 July 2000


Author Information

Elisabeth Paulet

Tab Content 6

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