Corporate-Finance Benefits from Universal Banking: Germany and the United States, 1870-1914
收藏NBER1993-07-01 更新2025-01-04 收录
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https://www.nber.org/papers/w4408
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Limitations on bank consolidation and branching in the United States at an early date effectively limited the scope of commercial banks and their involvement in financing large-scale industry, and increased information and transaction costs of issuing securities. In contrast, German industry was
提供机构:
美国国家经济研究局
创建时间:
1993-07-01



