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E.Ph.: The Role of Institutional Investors in the Evolution of Financial Structure and Behavior

By E. Philip Davis


This article seeks to address the evolution of financial structure in the major OECD countries from a relatively novel perspective. Whereas much of the work in this area has focused on developments in banking as a central factor, 1 with capital markets and institutional investors seen as something of a ‘black box’, this paper maintains that th

Year: 1996
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