Investment banking and security market development : does finance follow industry? /

Long-term relationships between business firms and investment banks are pervasive in developed security markets and there is evidence that better monitoring and information result from these relationships. Therefore, security markets should allocate resources better when an investment banking indust...

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Bibliographic Details
Main Author: Anand, Bharat Narendra, 1966-
Other Authors: Galetovic, Alexander
Format: Book
Language:English
Published: Washington, D.C. : International Monetary Fund, 2001
Series:IMF working paper ; no. WP/01/90
Subjects:
Online Access:http://www.imf.org/external/pubs/ft/wp/2001/wp0190.pdf