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Cost of Capital for Industry and Banks
Oleh:
Zimmer, Steven A.
;
McCauley, Robert N.
Jenis:
Article from Bulletin/Magazine
Dalam koleksi:
BUSINESS ECONOMICS vol. 26 no. 2 (1991)
,
page 14-18.
Topik:
bank
;
cost of capital industry
;
banks
Ketersediaan
Perpustakaan Pusat (Semanggi)
Nomor Panggil:
BB20.1
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
Lihat Detail Induk
Isi artikel
A relatively high cost of capital burdens U. S. industry and banks alike. The effects of high capital costs on capital formation in the united states are hard to demonstrate, but are believed to be important, especially in research - intensive hig htechnology industries. The inflow of foreign direct investment into the united states in the late 1970 s and the 1980 s fits with a cost - of - capital interpretation. Cost - of - capital differences assert themselves with particular force in competiiton in wholesale banking. How foreign banks will respond to the effect of recession on the cash flows of U. S. corporations is important, because a high cost of capital has shrunk U. S. banks' market share.
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