Modern Theory of Financial Intermediation

Author: Qin Guoliu
Publisher:
Publish Date: 2002-11-01
Features: This book systematically and deeply studies modern financial intermediary theory, holding significant meaning in filling the gap. Based on modern corporate theory, information economics, and contract economics, the author focuses on the questions of how financial intermediary institutions exist and develop. Employing functional analysis methods and a combination of empirical and normative research, it explains the origins of the existence and transformation of financial intermediary institutions. It also proposes policy recommendations with important theoretical and practical value for the reality and development of China's financial intermediary institutions.