haku: @author Watson, K. / yhteensä: 2
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| Tekijä: | Watson, K. |
| Otsikko: | Banks and industrial finance: the experience of brewers, 1880-1913 |
| Lehti: | Economic History Review
1996 : FEB, VOL. 49:1, p. 58-81 |
| Asiasana: | ECONOMIC HISTORY BANKS FINANCE |
| Kieli: | eng |
| Tiivistelmä: | Traditionally, British banks have been criticized for their failure to finance industry adequately. This article reexamines the notion of "bank failure" with reference to brewing. Banks never provided brewers with long-term funds, and therefore could not be guilty of withdrawing support due to increased risk aversion. furthermore, brewers preferred to exploit the relative largesse of the new issue market. They relied on banks for transitional funds, and their demands were largely satisfied. |
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