The German Financial System

A comprehensive account of the many facets of Germany's financial system, this book explains and assesses the status of the system as the world's prototype bank-based financial system at the beginning of the twenty-first century. Covering corporate governance, equity markets, debt markets, investment banking, as well as accounting, regulation, and competition, each chapter of this innovative reference book addresses the myths that surround Germany's financial system, and offers invaluable explanation and insight.