Böcker av Caroline (The Johns Hopkins University) Fohlin

This book examines the origins of modern corporate finance systems during the rapid industrialization period leading up to World War I.

This book uses theoretically motivated econometric analysis to understand the structure, performance, and influence of universal banks and securities markets on industrial firms during industrialisation. The findings show that securities markets can thrive within a civil-law, universal-bank system and suggest that financial system complexity can favour rapid industrial expansion.