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American Commercial Banks in Corporate Finance: 1924-1941: A Study in Banking Concentrations

American Commercial Banks in Corporate Finance: 1924-1941: A Study in Banking Concentrations

Hardcover

Series: Financial Sector of the American Economy

AccountingInvesting & Finance

ISBN10: 0815333374
ISBN13: 9780815333371
Publisher: Routledge
Published: Aug 1 1999
Pages: 450
Weight: 1.49
Height: 1.18 Width: 5.72 Depth: 8.77
Language: English
First published in 1999. The present study does not challenge the argument that a managerial revolution occurred. It does modify the significance of the change by presenting evidence--for the first time--of the extent to which corporate managers themselves were beholden to major players in the financial sector--especially a small group of New York banks which served as the main suppliers of term loans (loans with maturity of 1-10 years) to industrial corporations.

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