Originally published in 1991, The Economic Organisation of a Financial System develops a descriptive theory of a financial system's organisation and functions and applies the theory of organisational economics to the study of a financial system. The book attempts to reconcile neoclassical financial theory and managerial finance by synthesising the main findings of these studies within an institutional economics framework. The book helps to relate the complementary perspectives of current theory and current practice and aims to strengthen the relations between both theory and practice. The book's contents provide a detailed illustration of how organisational economics can be put to work.
Edwin H. Neave
Country of Publication:
Series: Routledge Library Editions: Financial Markets
29 May 2019
Further / Higher Education
A / AS level
Preface 1. Introduction 2. Financial System Agents and Environment 3. Governance Mechanisms: Major Types 4. Specialised Governance 5. Aligning Mechanism with Transaction 6. Managing Transaction Terms 7. Managing Portfolios 8. System Organisation and Performance 9. Financial System Change and Performance 10. Finance and Economic Development 11. Conclusions