THE INVOLVEMENT OF BANKERS IN THE CORPORATE GOVERNANCE OF NON-FINANCIAL FIRMS

Radu Mușetescu ()

Anale. Seria Stiinte Economice. Timisoara, 2012, vol. XVIII/Supplement, 121-125

Abstract: The core instability generated by a fractional-reserve banking system provides strong incentives for commercial banks to control the financial operations of large depositors as well as to supply financial support and even take the initiative towards the concentration of the industrial entities. Such an argument provides fresh insights regarding the historical trend of economic consolidations at the end of the XIXth century as well as what has been called financial capitalism. It argues that all the subsequent regulatory reactions missed a significant cause of the phenomenon of business consolidation in the global economy.

Keywords: fractional-reserve banking; corporate governance; bankers in corporate boards (search for similar items in EconPapers)
JEL-codes: G21 K21 N21 (search for similar items in EconPapers)
Date: 2012
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
http://fse.tibiscus.ro/anale/Lucrari2012_2/AnaleFSE_2012_2_018.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:tdt:annals:v:xviii/supplement:y:2012:p:121-125

Access Statistics for this article

More articles in Anale. Seria Stiinte Economice. Timisoara from Faculty of Economics, Tibiscus University in Timisoara Contact information at EDIRC.
Bibliographic data for series maintained by Ramona Violeta Vasilescu ().