Legal and Alternative Institutions in Finance and Commerce

Franklin Allen and Jun “QJ” Qian
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Franklin Allen: The Wharton School, University of Pennsylvania, USA
Jun “QJ” Qian: Carroll School of Management, Boston College, USA

Chapter 16 in The Social Value of the Financial Sector:Too Big to Fail or Just Too Big?, 2013, pp 275-302 from World Scientific Publishing Co. Pte. Ltd.

Abstract: AbstractThe following sections are included:IntroductionExamples of Alternative Mechanisms and Problems with the Legal SystemAlternative Mechanisms in China and IndiaAlternative Mechanisms Can Work in Complicated TransactionsIntellectual Property Rights and InnovationsLimited Capacity of the LegislatureLegal Institutions versus Alternative Mechanisms: Comparisons and Policy ImplicationsConcluding RemarksReferences

Keywords: Depository Institutions; Banks; Too-Big-to-Fail; Financial Innovations (search for similar items in EconPapers)
Date: 2013
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