Investment banking : institutions, politics, and law /

Investment Banking: Institutions, Politics, and Law provides an economic rationale for the dominant role of investment banks in the capital markets, and uses it to explain both the historical evolution of the investment banking industry and also recent changes to its organization. Although investmen...

Ausführliche Beschreibung

Gespeichert in:
1. Verfasser:
Morrison, Alan
Weitere Verfasser:
Wilhelm, William J.
Format:
Elektronisch E-Book
Sprache:
Englisch
Veröffentlicht:
Oxford ; New York : Oxford University Press, 2007.
Zusammenfassung:
Investment Banking: Institutions, Politics, and Law provides an economic rationale for the dominant role of investment banks in the capital markets, and uses it to explain both the historical evolution of the investment banking industry and also recent changes to its organization. Although investment decisions rely upon price-relevant information, it is impossible to establish property rights over it and hence it is very hard to coordinate its exchange. The authors arguethat investment banks help to resolve this problem by managing ""information marketplaces,"" within which extra-legal institu
Umfang:
1 online resource (356 p.)
Anmerkungen:
Description based upon print version of record.
Anmerkungen:
English
Bibliografie:
Includes bibliographical references (p. [311]-331) and index.
ISBN:
0-19-954418-2
0-19-164784-5
1-4356-1945-5
9786611145637
0-19-153793-4
1-281-14563-7
Schlagworte:
Investment banking.
Bezugswerke:
Links: