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| Author: | Vitols, S. |
| Title: | Changes in Germany's bank-based financial system: implications for corporate governance |
| Journal: | Corporate governance
2005 : MAY, VOL. 13:3, p. 386-396 |
| Index terms: | Banking Corporate finance Corporate governance FINANCIAL SERVICES |
| Language: | eng |
| Abstract: | This article examines recent efforts made in Germany to increase the role of markets within its bank-based financial system. However, the author finds that, despite the changes, there is still a fairly large number of continuities in the structure of the financial system. As a result, the German financial system can still be characterised as bank-based. |
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