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

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Author Info
Chirinko, R-S
Elston, J-A

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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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Publisher Info
Paper provided by American Institute for Contemporary German Studies- in its series Papers with number 28.

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Length: 58 pages
Date of creation: 1997
Date of revision:
Handle: RePEc:fth:amiger:28

Contact details of provider:
Postal: U.S.A.; Johns Hopkins University, American Institute for Contemporary German Studies. 1400 16th Street, N.W. Suite 420 Washington, D.C. 20036-2217

For technical questions regarding this item, or to correct its listing, contact: (Thomas Krichel).

Related research
Keywords: GERMANY ; BANKS;

Find related papers by JEL classification:
G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Mortgages

Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Hellwig, Martin, 1998. "On the Economics and Politics of Corporate Finance and Corporate Control," Sonderforschungsbereich 504 Publications 98-43, Sonderforschungsbereich 504, Universität Mannheim & Sonderforschungsbereich 504, University of Mannheim. [Downloadable!]
  2. Van Overfelt W. & Annaert J. & De Ceuster M. & Deloof M., 2007. "Do Universal Banks Create Value? Universal Bank Affiliation and Company Performance in Belgium, 1905-1909," Working Papers 2007001, University of Antwerp, Faculty of Applied Economics. [Downloadable!]
  3. Ettore Andreani, 2003. "Corporate Control and the Financial System in Germany: Recent Changes in the Role of Banks," Thuenen-Series of Applied Economic Theory 37, University of Rostock, Institute of Economics, Germany. [Downloadable!]
  4. Richard Hofler & Julie Ann Elston & Junsoo Lee, 2004. "Dividend Policy and Institutional Ownership: Empirical Evidence using a Propensity Score Matching Estimator," Papers on Entrepreneurship, Growth and Public Policy 2004-27, Max Planck Institute of Economics, Entrepreneurship, Growth and Public Policy Group. [Downloadable!]
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