National Culture and Financial Systems

Countries differ in the way their financial activities are organized. In Anglo-Saxon countries such as the US and the UK financial systems are dominated by stock markets, whereas in continental Europe and japan banks play a predominant role. Why do countries differ in the configuration of their fina...

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Veröffentlicht in:	Journal of international business studies 2006-03, Vol.37 (2), p.227-247
Hauptverfasser:	Chuck C. Y. Kwok, Tadesse, Solomon
Format:	Artikel
Sprache:	eng
Schlagworte:	Access to credit Architecture Bank markets Bank regulation Banking Banking system Common law Comparative analysis Culture Differences Economic development Economic indices Economic uncertainty Financial economics Financial markets Financial systems GDP Gross Domestic Product Investments Investors Macroeconomics Monetary systems Perceptions Securities markets Shareholders Stock exchange Stock exchanges Stock markets Studies Systems design Tolerance for uncertainty Uncertainty Variables
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