Contestable Markets Theory, Competition, and the United States - Commercial Banking Industr

First published in 1996. The focus of this work is to investigate the changing nature of competition in the United States' commercial banking industry from 1973-1988 by examining earnings from individual products. The industry underwent tremendous changes during this period.

List of contents

List of Tables, List of Figures, Acknowledgments, Preface, CONTESTABLE MARKETS THEORY AND COMMERCIAL BANKING, Introduction, Application of Contestable Markets Theory to Commercial Banking, Discussion of Theory Assumptions for Individual Products, LITERATURE REVIEW, Aggregate Empirical Research in CMT Other Empirical Research in CMT, METHODOLOGY, Profitability Measurement, One Factor Model, Excess Market Value, Tobin's q Approximation, Compensating Deviation Measurement, Cash Flow Evaluation, Disaggregated FCA Data, RESULTS, Profitability Measurement Tests, One Factor Model, Excess Market Value, Tobin's q Approximation, V. IMPLICATIONS OF RESULTS, Summary of Results, Implications, Future Research, BIBLIOGRAPHY, INDEX

About the author

 Ross N. Dickens (Author)

Product details

• Authors: Ross N Dickens, Ross N. Dickens, Dickens Ross N.
• Publisher: Taylor & Francis Ltd.
• Languages: English
• Product format: Paperback / Softback
• Released: 07.05.2019
• EAN: 9781138863828
• ISBN: 978-1-138-86382-8
• No. of pages: 256
• Series: Financial Sector of the American Economy
• Subjects: Social sciences, law, business > Business > General, dictionaries; USA, BUSINESS & ECONOMICS / Banks & Banking, BUSINESS & ECONOMICS / Finance / General, Banking, BUSINESS & ECONOMICS / Industries / Service, United States of America, USA, Financial services industry, Hospitality and service industries, Finance and the finance industry