The role of banks in monitoring firms : the case of the Crédit Mobilier

書誌事項

The role of banks in monitoring firms : the case of the Crédit Mobilier

Elisabeth Paulet

(Routledge explorations in economic history, 14)

Routledge, 1999

大学図書館所蔵 件 / 32

この図書・雑誌をさがす

注記

Bibliography: p. 166-173

Includes index

内容説明・目次

内容説明

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

目次

Introduction 1. The debt contract according to agency and signalling theories 2. The Credit Mobilier and the French Stock Exchange 1852-1914: an empirical perspective 3. Corporate Investment, Cash Flow and Financial Constraint For Firms: The Credit Mobilier Case 4.The Supervisory role of the Credit Mobilier: Some Interpretation 5. General Conclusion 6. Appendices

「Nielsen BookData」 より

関連文献: 1件中  1-1を表示

詳細情報

ページトップへ