Hidden Bibliographic Details
| Other authors / contributors: | Galetovic P., Alexander.
International Monetary Fund.
IMF Institute.
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| ISBN: | 145189726X
9781451897265
1281258431
9781281258434
1462322719
9781462322718
1452784558
9781452784557
9786613778024
6613778028
9781451851397
1451851391
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| Notes: | Includes bibliographical references (pages 23-25).
Restrictions unspecified
Electronic reproduction. [Place of publication not identified] : HathiTrust Digital Library, 2010.
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212
English.
digitized 2010 HathiTrust Digital Library committed to preserve
Print version record.
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| Summary: | Annotation Long-term relationships between business firms and investment banks are pervasive in developed security markets and there is evidence that better monitoring and information result from these relationships. Therefore, security markets should allocate resources better when an investment banking industry exists. We study the necessary conditions for the emergence of sustainable relationships and explore whether policy can foster them. We show that policy can help alleviate the costs of relationships, but an investment banking industry will not emerge with only a small number of large firms.
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| Other form: | Print version: Anand, Bharat Narendra, 1966- Investment banking and security market development. [Washington, D.C.] : International Monetary Fund, IMF Institute, ©2001
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| Standard no.: | 10.5089/9781451897265.001
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