Committee Structure and the Success of Connected Lending in Nineteenth Century New England Banks
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下载链接：
https://www.nber.org/papers/w9792
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资源简介：
Early nineteenth century New England banking exhibited high levels of lending to directors and their associates (i.e., connected lending). Today many think this arrangement can lead to inefficiency and financial fragility. This paper explores the decision making processes inside these banks and
提供机构：
美国国家经济研究局
创建时间：
2003-06-01
