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Voting rules and the success of connected lending in 19th century New England banks

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  • Meissner, Christopher M.

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  • Meissner, Christopher M., 2005. "Voting rules and the success of connected lending in 19th century New England banks," Explorations in Economic History, Elsevier, vol. 42(4), pages 509-528, October.
  • Handle: RePEc:eee:exehis:v:42:y:2005:i:4:p:509-528
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    References listed on IDEAS

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    1. Calomiris, Charles W & Kahn, Charles M, 1996. "The Efficiency of Self-Regulated Payments Systems: Learning from the Suffolk System," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 28(4), pages 766-797, November.
    2. Sah, Raaj Kumar & Stiglitz, Joseph E, 1988. "Committees, Hierarchies and Polyarchies," Economic Journal, Royal Economic Society, vol. 98(391), pages 451-470, June.
    3. Rafael La Porta & Florencio Lopez-de-Silanes & Guillermo Zamarripa, 2003. "Related Lending," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 118(1), pages 231-268.
    4. Beveridge, Andrew A., 1985. "Local Lending Practice: Borrowers in a Small Northeastern Industrial City, 1832–1915," The Journal of Economic History, Cambridge University Press, vol. 45(2), pages 393-403, June.
    5. Naomi R. Lamoreaux, 1994. "Insider Lending: Banks, Personal Connections, and Economic Development in Industrial New England," NBER Books, National Bureau of Economic Research, Inc, number lamo94-1, June.
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    Cited by:

    1. Calomiris, Charles W. & Carlson, Mark, 2016. "Corporate governance and risk management at unprotected banks: National banks in the 1890s," Journal of Financial Economics, Elsevier, vol. 119(3), pages 512-532.
    2. Howard Bodenhorn, 2013. "Large Block Shareholders, Institutional Investors, Boards of Directors and Bank Value in the Nineteenth Century," NBER Working Papers 18955, National Bureau of Economic Research, Inc.
    3. Howard Bodenhorn, 2012. "Voting Rights, Share Concentration, and Leverage at Nineteenth-Century US Banks," NBER Working Papers 17808, National Bureau of Economic Research, Inc.
    4. Hilt, Eric, 2008. "When did Ownership Separate from Control? Corporate Governance in the Early Nineteenth Century," The Journal of Economic History, Cambridge University Press, vol. 68(3), pages 645-685, September.
    5. B. Zorina Khan, 2017. "Related Investing: Corporate Ownership and Capital Mobilization during Early Industrialization," NBER Working Papers 23052, National Bureau of Economic Research, Inc.
    6. Cull, Robert & Davis, Lance E. & Lamoreaux, Naomi R. & Rosenthal, Jean-Laurent, 2006. "Historical financing of small- and medium-size enterprises," Journal of Banking & Finance, Elsevier, vol. 30(11), pages 3017-3042, November.
    7. Ruth Ben-Yashar & Miriam Krausz & Shmuel Nitzan, 2018. "Government loan guarantees and the credit decision-making structure," Canadian Journal of Economics, Canadian Economics Association, vol. 51(2), pages 607-625, May.
    8. Howard Bodenhorn, 2014. "Voting Rights, Shareholdings, and Leverage at Nineteenth-Century U.S. Banks," Journal of Law and Economics, University of Chicago Press, vol. 57(2), pages 431-458.
    9. Tunçer, Ali Coşkun & Weller, Leonardo, 2022. "Democracy, autocracy, and sovereign debt: How polity influenced country risk on the peripheries of the global economy, 1870–1913," Explorations in Economic History, Elsevier, vol. 85(C).

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