Financial intermediation through markets and organizations: An information-boundary argument for financial organizations
AbstractThe existence of financial organizations is explained by a comparative analysis of various financial institutions which fulfil the function of financial intermediation. One of the main explanations for the existence of financial organizations is the need to create property rights to allocative competency through the construction of an organization.
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Bibliographic InfoArticle provided by Elsevier in its journal Scandinavian Journal of Management.
Volume (Year): 13 (1997)
Issue (Month): 2 (June)
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Web page: http://www.elsevier.com/wps/find/journaldescription.cws_home/872/description#description
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- Andreani, Ettore & Neuberger, Doris, 2004. "Relationship finance by banks and non-bank institutional investors: A review within the theory of the firm," Thuenen-Series of Applied Economic Theory 46, University of Rostock, Institute of Economics.
- Doris Neuberger, 2005. "What’s Common to Relationship Banking and Relationship Investing? Reflections within the Contractual Theory of the Firm," Finance 0503001, EconWPA.
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