The Crisis Of American Savings & Loan Associations: A Comprehensive Analysis (Europaische Hochschulschriften Reihe V, Volks- Und Betriebswirtschaft)
The Crisis Of American Savings & Loan Associations: A Comprehensive Analysis (Europaische Hochschulschriften Reihe V, Volks- Und Betriebswirtschaft)
Editorial Reviews
Book Description
The aim of this thesis is to show the reasons and causes of the S&Ls crisis during the decade of the 80's. It had been various individual facts, factors and also their interaction and mutual influence, that played a role in making the crisis. A comparison between S&Ls and German Mortgage Banks in the aspects mortgage types, project financing and capital requirements shows that it had been the prevailing circumstances of the S&Ls branch, which favoured the emergence and course of the S&Ls crisis. With the Principal-Agent Theory cooperative designs can be used for the mutual cooperation of S&Ls and their supervisory agencies and risk reduction within the sector.
--This text refers to the
Paperback
edition.
The Crisis Of American Savings & Loan Associations: A Comprehensive Analysis (Europaische Hochschulschriften Reihe V, Volks- Und Betriebswirtschaft),Karsten F. Turck,Peter Lang Publishing,3631336519,Banks & Banking,Business & Economics,Business / Economics / Finance,Business/Economics,Economics - General,Finance
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