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suiren suiren
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Posts: 496
4 years ago
Which one of the following statements about firms from bank-based systems is correct?

▸ These firms have less leverage as banks only tend to lend to firms with lots of fixed assets that can be used as collateral.

▸ These firms have more leverage than firms from market-based-systems.

▸ These firms tend to have banks as their main shareholders.

▸ These firms have similar leverage, but source most of their debt financing from banks rather than bond markets.
Textbook 
International Corporate Governance

International Corporate Governance


Edition: 1st
Author:
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qwer34qwer34
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Posts: 376
4 years ago
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suiren Author
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4 years ago
Good timing, thanks!
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Yesterday
Brilliant
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2 hours ago
Just got PERFECT on my quiz
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