Bank Based Vs Market Based. First, financial structure influences systemic risk. Implications for systemic risk 1.
1: Comparing Equity Market-Based And Bank-Led System Of Corporate | Download Table from www.researchgate.net
The growth rate depends, crucially, on the efficiency of financial and legal institutions. The authors of the study further argue that banks and markets both contribute to economic growth, but up to a point. It is not possible to say unequivocally which of the two systems is better for growth.
The Results Lead To Four Key Conclusions.
The growth rate depends, crucially, on the efficiency of financial and legal institutions. Banks take deposits from savers and use these to lend to borrowers. The authors of the study further argue that banks and markets both contribute to economic growth, but up to a point.
The Methodology Is Based On Several Econometric Techniques.
It is not possible to say unequivocally which of the two systems is better for growth. First, financial structure influences systemic risk. Implications for systemic risk 1.
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