Insider Lending
523 kr
523 kr
Tidligere laveste pris:
526 kr
On., 25 juni - ti., 1 juli
Sikker betaling
14 dagers åpent kjøp
Selges og leveres av
AdlibrisProduktbeskrivelse
Today 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.
Artikkel nr.
79770282-5d1f-583e-9804-e7d9d470e3c1
Insider Lending
523 kr
523 kr
Tidligere laveste pris:
526 kr
On., 25 juni - ti., 1 juli
Sikker betaling
14 dagers åpent kjøp
Selges og leveres av
AdlibrisLignende toppselgere
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