LEADER 03442cam a2200661Ii 4500001    99125249165206421
005    20230422043134.0
006    m     o  d |
007    cr cn|||||||||
008    180331s1999    enka    ob    001 0 eng d
010     |z98030729
020    0-429-22973-9
020    1-134-64621-6
020    1-280-32448-1
020    0-203-21180-4
024 7  10.4324/9780203211809 |2doi
035    (CKB)1000000000006953
035    (EBL)169287
035    (OCoLC)70724056
035    (SSID)ssj0000239147
035    (PQKBManifestationID)11173986
035    (PQKBTitleCode)TC0000239147
035    (PQKBWorkID)10235169
035    (PQKB)10158017
035    ebr10017289
035    (MiAaPQ)EBC169287
035    (Au-PeEL)EBL169287
035    (CaPaEBR)ebr10070713
035    (CaONFJC)MIL32448
035    (OCoLC)1000428429
035    (EXLCZ)991000000000006953
040    FlBoTFG |cFlBoTFG |erda
041    eng
043    e-fr---
050  4 HG4026 |b.P329 2002
082 04 658.15/224 |221
100 1  Paulet, Elisabeth, |d1962, |eauthor.
245 14 The role of banks in monitoring firms : |bthe case of the Credit Mobilier / |cElisabeth Paulet.
264  1 London ;New York : |bRoutledge, |c1999.
300    1 online resource (193 p.)
336    text |btxt
337    computer |bc
338    online resource |bcr
490 1  Routledge explorations in economic history
500    Description based upon print version of record.
505 0  Book Cover; Title; Contents; List of figures; List of tables; Preface; Acknowledgements; INTRODUCTION; AGENCY THEORY AND MONITORING A theoretical and empirical interpretation; THE CREDIT MOBILIER AND THE FRENCH STOCK EXCHANGE 1853  1914 An empirical perspective; CORPORATE INVESTMENT, CASH FLOW AND FINANCIAL CONSTRAINTS OF FIRMS The case of the Credit Mobilier; THE SUPERVISORY ROLE OF THE CREDIT MOBILIER Some interpretations; GENERAL CONCLUSIONS; Data on the Credit Mobilier; Data relative to the general indices (GNP, share prices) for France between 1852 and 1914; Share price series
505 8  Data relative to the affiliated companies Data relative to non-affiliated companies; Monthly share prices for affiliated companies between 1866 and 1868; Data for investment and cash flow tests; Notes; Bibliography; Index
520    This book addresses issues in the current literature on corporate finance using historical evidence. In particular it looks at the role of universal banks in relaxing the credit constraints of firms, supervising managers and stabilizing share prices. The key issues is whether the Anglo-American asset based financing is more effective than the main-bank approach used in Germany and Japan. Earlier studies have found that firms with a close relationship with a major bank have high market value compared to book value, although it is difficult to determine whether this is cause or effect
546    English
504    Includes bibliographical references and index.
650  0 Corporations |xFinance |vCase studies.
650  0 Business enterprises |xFinance |vCase studies.
650  0 Banks and banking |vCase studies.
650  0 Credit |vCase studies.
610 20 Crédit mobilier (France) |xHistory.
776     |z1-138-98550-3
776     |z0-415-19539-X
830  0 Routledge explorations in economic history.
906    BOOK