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Strategy And Organization Of Corporate Banking Hardcover English by Giacomo De Laurentis - 2004-12-16

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PublisherSpringer-Verlag Berlin And Heidelberg Gmbh & Co. Kg
ISBN 139783540227977
ISBN 103540227970
AuthorGiacomo De Laurentis
LanguageEnglish
EditorGiacomo De Laurentis
Book DescriptionReinhard H. Schmidt The impressive development of the finance literature with its emphasis on asset pricing and the formal modeling of incentive systems during the past three decades, has largely relegated the business and operational aspects of banking as an industry from the agenda of academic research. Though this is understandable, it is especially regrettable in view of the dynamic dev- opments in the banking industry which have started about a decade ago and are currently in full swing. Fortunately, there are now signs of a change to the effect that banking is back on the research agenda. The p- sent book by Professor De Laurentis and his co-authors is a highly inno- tive and interesting manifestation of this reorientation. Banking is an important part of any financial system, and it is especially important in the financial systems of the countries of Continental Europe, such as Italy, France, and Germany, which have been bank-based for d- ades and which are, in my view, likely to remain bank-based for the fo- seeable future. There are many reasons, based on empirical and theoretical considerations, to believe that strong banks are not only important for the banking industry itself, but also for the respective national economies.
About the AuthorProfessor Giacomo De Laurentis is Professor of Banking and Director at the Banking and Insurance Department of Bocconi School of Management, Milan - Italy.
Publication Date2004-12-16
Number of Pages190

Strategy And Organization Of Corporate Banking Hardcover English by Giacomo De Laurentis - 2004-12-16

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