Conflicts of Interest in Financial Intermediation
The last years have seen a surge of scandals in financial intermediation. This article argues that the agency structure inherent to most forms of financial intermediation gives rise to conflicts of interest. Though this does not excuse scandalous behavior it points out market imperfections. There ar...
Authors: | ; |
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Format: | Electronic Article |
Language: | English |
Check availability: | HBZ Gateway |
Journals Online & Print: | |
Fernleihe: | Fernleihe für die Fachinformationsdienste |
Published: |
Springer Science + Business Media B. V
2008
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In: |
Journal of business ethics
Year: 2008, Volume: 81, Issue: 1, Pages: 193-207 |
Further subjects: | B
conflict of interests
B principal-agent theory B financial intermediation |
Online Access: |
Presumably Free Access Volltext (JSTOR) Volltext (lizenzpflichtig) |