Financial Crisis: Flawed Incentives Cause Banking Crises
Autor: | Mario Pesch |
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EAN: | 9783640794195 |
eBook Format: | PDF/ePUB |
Sprache: | Englisch |
Produktart: | eBook |
Veröffentlichungsdatum: | 06.01.2011 |
Kategorie: | |
Schlagworte: | Asia Asien Bank Finanzkrise Incentive Incentives Krise Wirtschaftskrise banking financial crisis |
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Essay from the year 2010 in the subject Business economics - Banking, Stock Exchanges, Insurance, Accounting, grade: A, Indiana University (Kelley School of Business), course: Commercial and Investment Banking, language: English, abstract: This paper is a comparison between the current financial crisis and the asian crisis from 1997/98. The author argues that one of the main reasons that caused both crisis were flawed incentives. The paper was a basis for a class discussion, hence it is strongly focused on this argument.