Investment banking: institutions, politics, and law (Record no. 1789)

MARC details
000 -LEADER
fixed length control field 02439nam a22002177a 4500
005 - DATE AND TIME OF LATEST TRANSACTION
control field 20220309151608.0
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
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020 ## - INTERNATIONAL STANDARD BOOK NUMBER
International Standard Book Number 9780199544189
082 ## - DEWEY DECIMAL CLASSIFICATION NUMBER
Classification number 332.66
Item number MOR
100 ## - MAIN ENTRY--PERSONAL NAME
Personal name Morrison, Alan D.
245 ## - TITLE STATEMENT
Title Investment banking: institutions, politics, and law
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT)
Name of publisher, distributor, etc. Oxford University Press
Place of publication, distribution, etc. Oxford
Date of publication, distribution, etc. 2012
300 ## - PHYSICAL DESCRIPTION
Extent ix, 347 p.
365 ## - TRADE PRICE
Price type code GBP
Price amount 30.99
504 ## - BIBLIOGRAPHY, ETC. NOTE
Bibliography, etc. note Table of Contents<br/>1:Introduction<br/>2:Institutional Theory<br/>3:An Institutional Theory of Investment Banking<br/>4:Investment Banking Origins<br/>5:The Rise of the Investment Bank<br/>6:Investment Banking in the Age of Laissez-Faire<br/>7:Leviathan and the Investment Banks<br/>8:The Modern Industrial Revolution<br/>9:Inside the Investment Bank<br/>10:What Next?
520 ## - SUMMARY, ETC.
Summary, etc. Investment Banking: Institutions, Politics, and Law provides an economic rationale for the dominant role of investment banks in the capital markets, and uses it to explain both the historical evolution of the investment banking industry and also recent changes to its organization. Although investment decisions rely upon price-relevant information, it is impossible to establish property rights over it and hence is very hard to coordinate its exchange. The authors argue that investment banks help to resolve this problem by managing "information marketplaces," within which extra-legal institutions support the production and dissemination of information that is important to investors. Reputations and relationships are more important in fulfilling this role than financial capital.<br/><br/>The authors substantiate their theory with reference to the industry's evolution during the last three centuries. They show how investment banking networks were formed, and identify the informal contracts that they supported. This historical development points to tensions between the relational contracting of investment banks and the regulatory impulses of the State, thus providing some explanation for the periodic large-scale State intervention in the operation of capital markets. Their theory also provides a technological explanation for the massive restructuring of the capital markets in recent decades, which the authors argue can be used to think about the likely future direction of the investment banking industry.
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name as entry element Investment banking
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name as entry element Banks and banking
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name as entry element Investments
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Source of classification or shelving scheme Dewey Decimal Classification
Koha item type Book
Holdings
Withdrawn status Lost status Source of classification or shelving scheme Damaged status Not for loan Collection code Bill No Bill Date Home library Current library Shelving location Date acquired Source of acquisition Cost, normal purchase price Total Checkouts Full call number Accession Number Date last seen Date checked out Copy number Cost, replacement price Price effective from Koha item type
    Dewey Decimal Classification     Finance & Accounting IN30000 02-03-2022 Indian Institute of Management LRC Indian Institute of Management LRC General Stacks 03/09/2022 Overseas Press India Private 2133.36 2 332.66 MOR 002100 01/18/2024 01/03/2024 1 3244.65 03/09/2022 Book

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