Finance, Control, and Profitability : An Evaluation of German Bank Influence

Robert S. Chirinko · J-A Elston

31 citations0/0 files storedRePEc: Research Papers in Economics

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Corporate Finance and Governance Banking stability, regulation, efficiency Political Influence and Corporate Strategies

Abstract

Banks have been cited frequently as an efficient institution for channelling funds from lenders to firms. Germany is the prototypical economy where universal banks, which offer a wide-range of financial services, allegedly exert substantial influence over firms. This paper presents a systematic evaluation of German bank influence.

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