How Long to Read Banks, Finance and Investment in Germany

By Jeremy Edwards

How Long Does it Take to Read Banks, Finance and Investment in Germany?

It takes the average reader 4 hours and 38 minutes to read Banks, Finance and Investment in Germany by Jeremy Edwards

Assuming a reading speed of 250 words per minute. Learn more

Description

This book analyses the widely-held view of the merits of the 'bank-based' German system of finance for investment, and shows that this view is not supported by evidence from the post-war period. The institutional features of the German system are such that universal banks have control of voting rights at shareholders' meetings due to proxy votes, and they also have representation on companies' supervisory boards. These features are claimed to have two main benefits. One is that the German system reduces asymmetric information problems, enabling banks to supply more external finance to firms at a lower cost, and thus increasing investment. The other is that German banks are able to mould and control managements of firms on behalf of shareholders, and thus ensure that firms are run efficiently. This book assesses whether empirical evidence backs up these claims, and shows that the merits of the German system are largely myths.

How long is Banks, Finance and Investment in Germany?

Banks, Finance and Investment in Germany by Jeremy Edwards is 274 pages long, and a total of 69,596 words.

This makes it 92% the length of the average book. It also has 85% more words than the average book.

How Long Does it Take to Read Banks, Finance and Investment in Germany Aloud?

The average oral reading speed is 183 words per minute. This means it takes 6 hours and 20 minutes to read Banks, Finance and Investment in Germany aloud.

What Reading Level is Banks, Finance and Investment in Germany?

Banks, Finance and Investment in Germany is suitable for students ages 12 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Banks, Finance and Investment in Germany?

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