A Comparative History Of Bank Failures

A Comparative History of Bank Failures PDF
Author: Sten Jonsson
Publisher: Routledge
ISBN: 0429577737
Size: 75.59 MB
Format: PDF, ePub, Mobi
Category : Business & Economics
Languages : un
Pages : 196
View: 4299

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Starting with Medici and Fugger and ending with Barings and Royal Bank of Scotland under neo-liberal de-regulation, the author gives an account of how a number of banks failed over a 500 year-period. The author offers an explanation of the leading ideas about the world and good society at the time, and summarizes this narrative using Streeck & Schmitter’s three bases for regulation of society: Community (spontaneous solidarity), State (hierarchical control), and Market (dispersed competition). The bank failures are presented in the context of social philosophies of the day (scholasticism, mercantilism, neo-liberalism, and libertarianism), and the changing business practices (Bills of Exchange, rents and financial instruments of various kinds). The dominating explanation of financial crises has been market-related. Here, the author argues that managerial failures are an important contributor. He demonstrates the failure of management to act on early signals such as existential risk, strategic stress syndrome, and lack of proper oversight by top management. The author encourages a return to ethical principles for banks, suggesting that his ethical aspect should be at the core of the credit process of banks in the future. With its interdisciplinary approach, this book will be an important contribution to the discussion surrounding bank failures. It will interest any scholar looking at the origins of financial crises and will be particularly useful for post-graduate students of economic and financial history, banking, finance and accounting.

A Comparative History Of Bank Failures

A Comparative History of Bank Failures PDF
Author: Sten Jonsson
Publisher: Routledge
ISBN: 0429575629
Size: 23.78 MB
Format: PDF, ePub, Mobi
Category : Business & Economics
Languages : en
Pages : 196
View: 6485

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Starting with Medici and Fugger and ending with Barings and Royal Bank of Scotland under neo-liberal de-regulation, the author gives an account of how a number of banks failed over a 500 year-period. The author offers an explanation of the leading ideas about the world and good society at the time, and summarizes this narrative using Streeck & Schmitter’s three bases for regulation of society: Community (spontaneous solidarity), State (hierarchical control), and Market (dispersed competition). The bank failures are presented in the context of social philosophies of the day (scholasticism, mercantilism, neo-liberalism, and libertarianism), and the changing business practices (Bills of Exchange, rents and financial instruments of various kinds). The dominating explanation of financial crises has been market-related. Here, the author argues that managerial failures are an important contributor. He demonstrates the failure of management to act on early signals such as existential risk, strategic stress syndrome, and lack of proper oversight by top management. The author encourages a return to ethical principles for banks, suggesting that his ethical aspect should be at the core of the credit process of banks in the future. With its interdisciplinary approach, this book will be an important contribution to the discussion surrounding bank failures. It will interest any scholar looking at the origins of financial crises and will be particularly useful for post-graduate students of economic and financial history, banking, finance and accounting.

A Comparative History Of Commerce And Industry Volume Ii

A Comparative History of Commerce and Industry  Volume II PDF
Author: David E. McNabb
Publisher: Springer
ISBN: 1137503300
Size: 35.98 MB
Format: PDF, Kindle
Category : Business & Economics
Languages : en
Pages : 315
View: 6925

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A Comparative History of Commerce and Industry, Volume II offers a subjective review of how the cultural, social and economic institutions of commerce and industry evolved in industrialized nations to produce the institution we now know as business enterprise.

A Comparative History Of Commerce And Industry Volume I

A Comparative History of Commerce and Industry  Volume I PDF
Author: David E. McNabb
Publisher: Springer
ISBN: 1137503262
Size: 60.18 MB
Format: PDF, ePub
Category : Business & Economics
Languages : en
Pages : 270
View: 3534

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A Comparative History of Commerce and Industry, Volume I offers a subjective review of how the cultural, social and economic institutions of commerce and industry evolved in industrialized nations to produce the institution we now know as business enterprise.

A History Of Canadian Accounting Thought And Practice

A History of Canadian Accounting Thought and Practice PDF
Author: George Joseph Murphy
Publisher: Taylor & Francis
ISBN: 9780815312482
Size: 56.22 MB
Format: PDF, Kindle
Category : Business & Economics
Languages : en
Pages : 651
View: 2701

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First Published in 1993. Routledge is an imprint of Taylor & Francis, an informa company.

History Of Canadian Business

History of Canadian Business PDF
Author: R.T. Naylor
Publisher: McGill-Queen's Press - MQUP
ISBN: 0773583629
Size: 53.51 MB
Format: PDF, Mobi
Category : Business & Economics
Languages : en
Pages : 428
View: 2153

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An unprecedented work in Canadian historiography, The History of Canadian Business, 1867-1914 has been chosen by the Social Sciences Federation of Canada as one of the twenty most outstanding works in the field in the last half of the twentieth century.

Finance And Modernization

Finance and Modernization PDF
Author: Gerald D. Feldman
Publisher: Ashgate Publishing, Ltd.
ISBN: 9780754662716
Size: 67.93 MB
Format: PDF, Mobi
Category : History
Languages : en
Pages : 300
View: 6697

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This volume is based on papers given at the 2005 conference of the European Association for Banking and Financial History in Vienna, hosted by the Bank Austria Creditanstalt, successor institution to the Österreichische Creditanstalt. The theme of the con

The Legal Aspects Of Bank Insolvency A Comparative Analysis Of Western Europe The United States And Canada

The Legal Aspects of Bank Insolvency A Comparative Analysis of Western Europe  the United States and Canada PDF
Author: Eva Hupkes
Publisher: Springer
ISBN:
Size: 18.42 MB
Format: PDF
Category : Law
Languages : en
Pages : 188
View: 2787

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Until recent years, formal bank insolvency proceedings were rare occurrences, with governments more often than not coming to the rescue of failing banks. As a result, few studies relating to bank failure have paid much attention to the regulatory framework for failing banks and the conduct of formal bank insolvency proceedings. However, in the aftermath of the Asian financial crisis, more attention has been focused on issues of bank insolvency. Structural reforms in the banking sector of various Asian countries, in particular the implementation of effective exit rules to expel insolvent and non-viable banks from the market, have been considered of primary importance to restoring confidence in the troubled banking sector. In addition, the ability of governments within the European Union to rescue insolvent banks has been significantly limited by strict rules on competition, suggesting that failing banks will become increasingly subject to insolvency proceedings. The Legal Aspects of Bank Insolvency compares the legal framework for dealing with insolvent banks in Western Europe, the United States and Canada, identifying the distinctive features of each regime and discussing the main issues and choices in dealing with failing banks. It also examines the implications of a cross-border bank insolvency, and considers different approaches to the problems it raises, including the supranational approach of the proposed European Directive on the Reorganization and Winding-up of Credit Institutions. This work will be of value to lawmakers, to consultants and scholars engaged in technical assistance work, and to those who advise the legislators and officials involved in devising a legal framework for bank insolvency. It will also be of interest to practitioners and in-house counsel working in the field of banking and corporate law.