This book examines firms, intermediaries, finance market instruments and financial risk management. A running theme of "transaction costs" ties the concepts together. The intermediation process is developed as a broad theme extending into their influence over the financial instruments and markets in which intermediaries operate.
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Takes a unique approach by presenting financial intermediation as a process that goes beyond the institutional details of financial institutions an d markets. It uses "transactions cost" as a paradigm to explain how markets and firms are esta blished and how financial institutions play a unique role in producing information-driven financial products.From the Back Cover:
Presents the process of financial intermediation as a broad theme that extends beyond the nature and purpose of financial intermediaries to include their influence over the financial instruments and markets in which they operate. Modern Financial Intermediaries and Markets integrates diverse topics under a running theme to provide extensive coverage of the modern functions of financial institutions such as off-balance-sheet activities, securitization, and financial derivatives. The book presents real-world examples and problems within a modern, global perspective. A valuable book for any professional who needs to understand more about global financial markets and institutions or bank management.
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Book Description Prentice Hall College Div, 1997. Hardcover. Book Condition: New. Bookseller Inventory # DADAX0131194704
Book Description Prentice Hall College Div, 1997. Hardcover. Book Condition: New. New item. Bookseller Inventory # QX-133-40-5029105
Book Description Prentice-Hall. Book Condition: New. pp. 501. Bookseller Inventory # 5269181