Competition and convergence in financial markets : the German and Anglo-American models /

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Bibliographic Details
Imprint:Amsterdam ; New York : Elsevier, 1998.
Description:xix, 406 p. : ill. ; 23 cm.
Language:English
Series:Advances in finance, investment and banking ; v. 5
Advances in finance, investment, and banking ; v. 5.
Subject:
Format: Print Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/3113535
Hidden Bibliographic Details
Other authors / contributors:Black, Stanley W.
Moersch, Mathias.
American Institute for Contemporary German Studies.
ISBN:0444827765
Notes:Papers from a conference sponsored by the American Institute for Contemporary German Studies, the Johns Hopkins University, held in Washington, D.C., June 1996.
Includes bibliographical references and index.
Table of Contents:
  • Section and chapter headings: Preface
  • Introduction
  • I. Who Governs Firms?
  • The changing role of banks and corporate governance in Germany: evolution towards the market?
  • The German system of corporate governance - a model which should not be imitated
  • Is a supervisory board valuable? the French evidence
  • II. Financial Constraints and Investment Behavior
  • German investment financing: an international comparison
  • Investment, liquidity constraints, and bank relationships: evidence from German manufacturing firms
  • Financial structure, investment and economic growth in OECD countries
  • III. Comparing Financial Systems and Regulatory Regimes
  • Universal versus specialized banks
  • Convergence of financial systems and regulatory policy challenges in Europe and in the United States
  • The management of financial risks at German nonfinancial firms: the cast of metallgesellschaft
  • IV. European Monetary Unification
  • Is a 2-speed system in Europe the answer to the conflict between the German and the Anglo-Saxon models of monetary control?
  • Monetary integration between economies with different financial structures
  • V. Financial Structure for Transition Economies
  • Towards universal banking - risks and benefits for transition economies
  • Financial integration in North America and Europe among neighboring countries at different stages of development
  • Index