Insider Lending: Banks, Personal Connections, and Economic Development in Industrial New EnglandCambridge University Press, 24. juni 1994 - 194 sider Today the term "insider lending" conveys an aura of abuse and corruption, of unethical, if not illegal, behavior. 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. |
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Insider Lending: Banks, Personal Connections, and Economic Development in ... Naomi R. Lamoreaux Begrenset visning - 1996 |
Insider Lending: Banks, Personal Connections, and Economic Development in ... Naomi R. Lamoreaux Ingen forhåndsvisning tilgjengelig - 1994 |