Germany's Capital Market and Corporate Governance

Working Paper

Germany's Capital Market and Corporate Governance

Kiel Working Papers, 1206

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Authors

Siebert
H.

Publication Date

04/2004

JEL Classification

Key Words

Banking system

capital market

Corporate governance

Germany's capital market relies on bank-intermediated products and not so much on capital market processes. Two of the pillars in Germany's three-pillar banking system, the savings banks and the cooperative banks, have special statutes and are not exposed

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Germany's Capital Market and Corporate Governance

Authors

Publication Date

JEL Classification

Key Words

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