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| Author: | Liu, Tijun Li, Yimin |
| Title: | Bank and stock market: deference and linking (original in Chinese) |
| Journal: | Management World (c)
1999 : 4, p.49-54 |
| Index terms: | BANKS STOCK MARKETS |
| Language: | chn |
| Abstract: | Bank and stock market have the function to solve the financial interchange conflict and complement each other. The bank play a role of information indirective makers and supervisors with the system of making price. The auction system of the multilateral price competition in the stock market make the signal of the stock market have function of transfer information.The efficiencies of banks and stock markets in the course of creation in the reality depending on two kinds of financial systems and there matchable degree of comparison advantage of making information, the productive tech-situations,affirm cost and employment contract features,etc. |
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