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ISBN: 0333771362Издательство: Palgrave MacMillan
Banking, Capital Markets and Corporate Governance explores the fragility of the banking system, corporate governance, and the increasing securitization of corporate finance. The contributors address the following issues: The impact of bankingduring a crisis in providing an incentive for the managers of failing banks to restructure their assets; the way in which economic and legal institutions can control the management of banks and firms; and the effects of increases in the securitization ofcorporate finance and the amount of financial innovation.