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The role of banks in monitoring firms : the case of the Crédit Mobilier /

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 asse...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Paulet, Elisabeth, 1962-
Formato: Electrónico eBook
Idioma:Inglés
Publicado: London ; New York : Routledge, 2002.
Colección:Routledge explorations in economic history.
Temas:
Acceso en línea:Texto completo
Tabla de Contenidos:
  • 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
  • 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