Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
612-822-4611

  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Capital Markets and Corporate Governance in Japan, Germany and the United States: Organizational Response to Market Inefficiencies

Capital Markets and Corporate Governance in Japan, Germany and the United States: Organizational Response to Market Inefficiencies

Dietl, Helmut

Hardcover

Series: Routledge Studies in the Modern World Economy

EconomicsInvesting & FinanceMarketing

ISBN10: 0415171881
ISBN13: 9780415171885
Publisher: Routledge
Published: Nov 27 1997
Pages: 212
Weight: 0.92
Height: 0.63 Width: 5.50 Depth: 8.50
Language: English

Why did financial keiretsu develop in Japan, but not in Germany and the United States? Why is bank intermediation more dominant in Germany and Japan than in the United States? What are the advantages and disadvantages of each system?
Capital Markets and Corporate Governance in Japan, Germany and the United States answers these and related questions. Helmut Dietl explains capital market intermediation, holding companies, multidivisional organizations, financial keiretsu, and LBO associations as organizational responses to capital market inefficiencies. Country-specific responses are described as a consequence of country-specific financial regulations. Each regulatory regime results in specific capital market inefficiencies. Comparative capital market and corporate data highlight the major strengths and weaknesses of each system. This book provides a comprehensive and innovative analysis of German, Japanese and U.S. regulations.

Also in

Marketing

View All