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The Changing Role of Banks and Corporate Governance in Germany : Evolution Towards the Market?

Author

Listed:
  • Schroder, Y
  • Schrader, A

Abstract

The crucial difference between the German and the Anglo-American system of corporate control is not the influence of the banks, but the different role played by capital markets and company boards. Banks in Germany have begun to reduce their role in corporate governance, particularly with respect to shareholdings and representation on supervisory boards, and this will continue.

Suggested Citation

  • Schroder, Y & Schrader, A, 1997. "The Changing Role of Banks and Corporate Governance in Germany : Evolution Towards the Market?," Papers 13, American Institute for Contemporary German Studies-.
    • Handle: RePEc:fth:amiger:13
    as

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    More about this item

    Keywords

    BANKS ; CENTRAL BANKS ; GERMANY;
    All these keywords.

    JEL classification:

    • E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages

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