Author: Jacob RiesserPublisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 1068
Book Description
The German Great Banks and Their Concentration in Connection with the Economic Development of Germany
Author: Jacob RiesserPublisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 1068
Book Description
The German Great Banks and Their Concentration in Connection with the Economic Development of Germany
Author: Jacob RiesserThe German Great Banks and Their Concentration in Connection with the Economic Development of Germany
Author: Germany
Author: International Monetary Fund. Monetary and Capital Markets DepartmentPublisher: International Monetary Fund
ISBN: 1475577737
Category : Business & Economics
Languages : en
Pages : 118
Book Description
This paper evaluates the risks and vulnerabilities of the German financial system and reviews both the German regulatory and supervisory framework and implementation of the common European framework insofar as it is relevant for Germany. The country is home to two global systemically important financial institutions, Deutsche Bank AG and Allianz SE. The system is also very heterogeneous, with a range of business models and a large number of smaller banks and insurers. The regulatory landscape has changed profoundly with strengthened solvency and liquidity regulations for banks (the EU Capital Requirements Regulation and Directive IV), and the introduction of macroprudential tools.
The German Great Banks and Their Concentration in Connection with the Economic Development of Germany
Author: J. RiesserA History of Corporate Governance around the World
Author: Randall K. MorckPublisher: University of Chicago Press
ISBN: 0226536831
Category : Business & Economics
Languages : en
Pages : 700
Book Description
For many Americans, capitalism is a dynamic engine of prosperity that rewards the bold, the daring, and the hardworking. But to many outside the United States, capitalism seems like an initiative that serves only to concentrate power and wealth in the hands of a few hereditary oligarchies. As A History of Corporate Governance around the World shows, neither conception is wrong. In this volume, some of the brightest minds in the field of economics present new empirical research that suggests that each side of the debate has something to offer the other. Free enterprise and well-developed financial systems are proven to produce growth in those countries that have them. But research also suggests that in some other capitalist countries, arrangements truly do concentrate corporate ownership in the hands of a few wealthy families. A History of Corporate Governance around the World provides historical studies of the patterns of corporate governance in several countries-including the large industrial economies of Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States; larger developing economies like China and India; and alternative models like those of the Netherlands and Sweden.
Banks, Finance and Investment in Germany
Author: Jeremy EdwardsPublisher: Cambridge University Press
ISBN: 9780521566087
Category : Business & Economics
Languages : en
Pages : 274
Book Description
This book analyses the widely-held view of the merits of the 'bank-based' German system of finance for investment, and shows that this view is not supported by evidence from the post-war period. The institutional features of the German system are such that universal banks have control of voting rights at shareholders' meetings due to proxy votes, and they also have representation on companies' supervisory boards. These features are claimed to have two main benefits. One is that the German system reduces asymmetric information problems, enabling banks to supply more external finance to firms at a lower cost, and thus increasing investment. The other is that German banks are able to mould and control managements of firms on behalf of shareholders, and thus ensure that firms are run efficiently. This book assesses whether empirical evidence backs up these claims, and shows that the merits of the German system are largely myths.
The German Economy During the Nineteenth Century
Author: Toni PierenkemperPublisher: Berghahn Books
ISBN: 9781571810632
Category : Business & Economics
Languages : en
Pages : 200
Book Description
In the 19th Century, economic growth was accompanied by large-scale structural change, known as industrialization, which fundamentally affected western societies. Even though industrialization is on the wane in some advanced economies and we are experiencing substantial structural changes again, the causes and consequences of these changes are inextricably linked with earlier industrialization.This means that understanding 19th Century industrialization helps us understand problems of contemporary economic growth. There is no recent study on economic developments in 19th Century Germany. So this concise volume, written specifically with students of German and economic history in mind, will prove to be most valuable, not least because of its wealth of statistical data. Toni Pierenkemper is Professor of Economic and Social History at the University of Cologne. Richard Tilly is Emeritus Professor of Economic and Social History at the University of Münster.
The German Financial System
Author: Jan Pieter Krahmen (editor)Publisher:
ISBN: 0199253161
Category : Business & Economics
Languages : en
Pages : 550
Book Description
Written by a team of scholars, predominantly from the Centre for Financial Studies in Frankfurt, this volume provides a descriptive survey of the present state of the German financial system and a new analytical framework to explain its workings.
The Development of the Economies of Continental Europe 1850-1914 (Routledge Revivals)
Author: Alan MilwardPublisher: Routledge
ISBN: 1136810889
Category : Business & Economics
Languages : en
Pages : 558
Book Description
This work, first published in 1977, is a reissue of a trailblazing work; the first textbook of economic history to deal comprehensively with the economic development of the whole continent in this period and to do so from a continental rather than a British perspective. But it is more than merely a textbook: it is an interpretative synthesis of the wide range of research on this subject in many countries. As such it will be an indispensable guide for teachers and will extend and improve the scope of teaching by making available for the first time in English the results of continental research. In addition, it is a work of fundamental interest to economists in which theories and hypotheses of economic development are now examined in a much wider historical context. In this way the book is an exploration of the objective validity of earlier theories and the starting point for further research into economic development and european history. The work covers the continental development of the German and French economies after 1870 and then in that context analyses the development of the smaller western economies. It then considers the relatively underdeveloped economies of eastern and southern Europe and includes the first attempt at a synthesis of economic development before 1914 in the Balkans. It concludes with an analysis of the international economy and its relationship to the economic development of the continent.