Buch, Englisch, 212 Seiten, Format (B × H): 140 mm x 216 mm, Gewicht: 417 g
Organizational Response to Market Inefficiencies
Buch, Englisch, 212 Seiten, Format (B × H): 140 mm x 216 mm, Gewicht: 417 g
Reihe: Routledge Studies in the Modern World Economy
ISBN: 978-0-415-17188-5
Verlag: Taylor & Francis Ltd (Sales)
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.
Autoren/Hrsg.
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Weitere Infos & Material
Introduction 1 THEORETICAL FRAMEWORK Investment relation, Investment relation costs, Relevant dimensions of investment relations, Classification of alternative regulatory environments, Organizational modes of capital allocation and corporate governance, Discriminating match 2 EMPIRICAL EVIDENCE FROM GERMANY, JAPAN AND THE UNITED STATES Germany, Japan, United States, Conclusion, SUMMARY