Principles of Corporate Finance (Mcgraw-hill/Irwin Series in Finance, Insurance, and Real Estate)
12th Edition
ISBN: 9781259144387
Author: Richard A Brealey, Stewart C Myers, Franklin Allen
Publisher: McGraw-Hill Education
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Question
Chapter 33, Problem 12PS
Summary Introduction
To explain: The reason why transparency is more important in a market-based financial system than a bank-based system.
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Check out a sample textbook solutionStudents have asked these similar questions
Why do financial regulators have a significant impact on banks?
Which of the following is a reason for financial regulation?
a.
To ensure market dominance by strong financial institutions.
b.
The failure of any financial institution may have a serious negative impact on individuals and economies.
c.
Banks cannot be trusted.
d.
To ensure government control of the economy.
How does data bias influence the culture of ethics and profitability in the financial services sector? How do you mitigate possible negative effects on the potential consumer of financial services in banking?
Chapter 33 Solutions
Principles of Corporate Finance (Mcgraw-hill/Irwin Series in Finance, Insurance, and Real Estate)
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