A Comparative History of Bank Failures High quality books
A Comparative History of Bank Failures
By:Sten Jonsson
Published on 2019-04-12 by Routledge
Starting with Medici and Fugger and ending with Barings and Royal Bank of Scotland under neo-liberal de-regulation, the author gives an account of how a number of banks failed over a 500 year-period. The author offers an explanation of the leading ideas about the world and good society at the time, and summarizes this narrative using Streeck & Schmitter’s three bases for regulation of society: Community (spontaneous solidarity), State (hierarchical control), and Market (dispersed competition). The bank failures are presented in the context of social philosophies of the day (scholasticism, mercantilism, neo-liberalism, and libertarianism), and the changing business practices (Bills of Exchange, rents and financial instruments of various kinds). The dominating explanation of financial crises has been market-related. Here, the author argues that managerial failures are an important contributor. He demonstrates the failure of management to act on early signals such as existential risk, strategic stress syndrome, and lack of proper oversight by top management. The author encourages a return to ethical principles for banks, suggesting that his ethical aspect should be at the core of the credit process of banks in the future. With its interdisciplinary approach, this book will be an important contribution to the discussion surrounding bank failures. It will interest any scholar looking at the origins of financial crises and will be particularly useful for post-graduate students of economic and financial history, banking, finance and accounting.
This Book was ranked at 33 by Google Books for keyword bank.
Book ID of A Comparative History of Bank Failures's Books is -wqWDwAAQBAJ, Book which was written bySten Jonssonhave ETAG "XDFw81c3rQI"
Book which was published by Routledge since 2019-04-12 have ISBNs, ISBN 13 Code is 9780429577734 and ISBN 10 Code is 0429577737
Reading Mode in Text Status is false and Reading Mode in Image Status is true
Book which have "196 Pages" is Printed at BOOK under CategoryBusiness and Economics
This Book was rated by Raters and have average rate at ""
This eBook Maturity (Adult Book) status is NOT_MATURE
Book was written in en
eBook Version Availability Status at PDF is true and in ePub is false
Book Preview
Comments
Post a Comment