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Item Details
Title: THE GERMAN FINANCIAL SYSTEM
By: Jan Pieter Krahnen (Editor), Reinhard H. Schmidt (Editor)
Format: Hardback

List price: £177.50
Our price: £177.50
ISBN 10: 0199253161
ISBN 13: 9780199253166
Availability: Usually dispatched within 1-3 weeks.
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Publisher: OXFORD UNIVERSITY PRESS
Pub. date: 25 March, 2004
Pages: 550
Description: A comprehensive account of the many facets of Germany's financial system, this book explains and assesses the status of the system as the world's prototype bank-based financial system at the beginning of the twenty-first century. Covering corporate governance, equity markets, debt markets, investment banking, as well as accounting, regulation, and competition, each chapter of this innovative reference book addresses the myths that surround Germany's financial system,and offers invaluable explanation and insight.
Synopsis: This book is both a reference book on Germany's financial system and a contribution to the economic debate about its status at the beginning of the twenty-first century. In giving a comprehensive account of the many facets of the system, it covers corporate governance, relationship lending, stock market development, investor protection, the venture capital industry, and the accounting system, and reports on monetary transmission and the credit channel, regulation and banking competition, the insurance and investment industry, and mergers and acquisitions. Special chapters at the beginning and at the end of the book adopt the financial system perspective, analysing the mutual fit of different features of the financial system; and each of the fifteen chapters addresses particular myths that surround it. The book is invaluable for those who want to understand the German economy and its financial system, promising not only a compilation of facts and statistics on Germany's financial markets and institutions, but also an analysis of its current structure and the determinants of its future development.
Illustrations: numerous figures & tables
Publication: UK
Imprint: Oxford University Press
Returns: Returnable
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