The Legitimacy of Loan Maturity Mismatching: A Risky, but not Fraudulent, Undertaking
Barnett and Block (Journal of Business Ethics, 2009) attack the heart of modern banking by claiming that the practice of borrowing short and lending long is illicit. While their claim of illegitimacy concerning fractional reserve banking can be defended, their justification lacks substance. Their cl...
| Authors: | ; |
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| Format: | Electronic Article |
| Language: | English |
| Check availability: | HBZ Gateway |
| Journals Online & Print: | Drawer...
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| Fernleihe: | Fernleihe für die Fachinformationsdienste |
| Published: |
Springer Science + Business Media B. V
2009
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| In: |
Journal of business ethics
Year: 2009, Volume: 90, Issue: 3, Pages: 399 |
| Further subjects: | B
Fractional reserve banking
B private property rights B Time deposits B Maturity mismatching B Fraud |
| Online Access: |
Presumably Free Access Volltext (lizenzpflichtig) |