1st Edition

Bank-Industry versus Stock Market-Industry Relationships

Edited By José L. García-Ruiz, Michelangelo Vasta Copyright 2023
144 Pages
by Routledge

144 Pages
by Routledge

144 Pages
by Routledge

This book focuses on a variety of themes concerning the relationship between financial systems in a broader sense and firms’ growth in historical perspective in some European countries. Financial systems are nowadays largely acknowledged to be a crucial element in determining economic growth. In modern economies, they play a key role by mobilizing savings, pricing risks and allocating capital to... Read more

Introduction— Financing firms: Beyond the dichotomy between banks and markets

José L. García-Ruiz and Michelangelo Vasta

1. The coevolution of banks and corporate securities markets: The financing of Belgium’s industrial take-off in the 1830s

Stefano Ugolini

2. Did French stock markets support firms of the Second Industrial Revolution?

Emilie Bonhoure and David Le Bris

3. Debating banking in Britain: The Colwyn committee, 1918

Mark Billings, Simon Mollan and Philip Garnett

4. Corporate networks in post-war Britain: Do finance– industry relationships matter for corporate borrowing?

Philipp Kern and Gerhard Schnyder

5. The banking-industry relationship in Italy: Large national banks and small local banks compared (1913– 1936)

Alberto Rinaldi and Anna Spadavecchia

Biography

José L. García-Ruiz is Professor of Economic History at the Complutense University of Madrid (Spain). His lines of research are business history, financial history and industrial history. Between 2015 and 2019 he was Editor-in-chief of Investigaciones de Historia Económica-Economic History Research (IHE-HER), the academic journal of the Spanish Economic History Association.

Michelangelo Vasta is Professor of Economic History at the University of Siena (Italy). He received his D.Phil at University of Oxford. His main fields of interest are economics of innovation in the long run perspective, institutions and economic performance, the economic history of living standard, entrepreneurship and trade. He pays particular attention to historical dataset and quantitative methods. He has published extensively in the major economic history and business history journals.