It takes the average reader 3 hours and 13 minutes to read The Role of Banks in Monitoring Firms by Elisabeth Paulet
Assuming a reading speed of 250 words per minute. Learn more
This book addresses issues in the current literature on corporate finance using historical evidence. In particular it looks at the role of universal banks in relaxing the credit constraints of firms, supervising managers and stabilizing share prices. The key issues is whether the Anglo-American asset based financing is more efective than the main-bank approach used in Germany and Japan. Earlier studies have found that firms with a close relationship with a major bank have high market value compared to book value, although it is difficult to determine whether this is cause or effect
The Role of Banks in Monitoring Firms by Elisabeth Paulet is 192 pages long, and a total of 48,384 words.
This makes it 65% the length of the average book. It also has 59% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 4 hours and 24 minutes to read The Role of Banks in Monitoring Firms aloud.
The Role of Banks in Monitoring Firms is suitable for students ages 10 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.
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