Insider Lending

Name: Insider Lending
Brand: Cambridge University Press
SKU: 9780521460965
Price: 89.9 EUR
Availability: InStock

Banks, Personal Connections, and Economic Development in Industrial New England

Автор: Lamoreaux, Naomi R. (University of California, Los Angeles)

Език:

Корици: С твърди корици

Издател: Cambridge University Press

Наличност: Външен склад

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89.90 € 175.83 лв

The term insider lending conveys an aura of abuse and corruption, of unethical, if not illegal, beha...

Информация за книгата

Автор

Lamoreaux, Naomi R. (University of California, Los Angeles)

Език

Английски език

Корици

Книга - С твърди корици

Издадена

1994

страници

194

EAN

9780521460965

ISBN

0521460964

Enbook ID

02064988

Издател

Cambridge University Press

Теглоt

470

Размери

152 x 229 x 14

Пълно описание

The term insider lending conveys an aura of abuse and corruption, of unethical, if not illegal, behaviour. In early nineteenth-century New England, however, insider lending was an integral aspect of the banking system. Not only was the practice an accepted fact of economic life, but, as Naomi R. Lamoreaux argues, it enabled banks (at least in this particular historical context) to play an important role in financing economic development. As the banking system evolved over the course of the century, however, lending practices became more impersonal and professional. Ironically, the information problems banks faced when they began to conduct more and more of their business at arm's length forced them to concentrate on providing short-term loans to commercial borrowers and to give up financing economic development. This book was first published in 1994.

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Insider Lending

Banks, Personal Connections, and Economic Development in Industrial New England

Информация за книгата

Пълно описание

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Клиенти, които купиха тази книга, купиха също