Mahlich, Jörg C. (contributor); … - 2006
-exchange based system in the UK and the bank-based
system in Germany. Mulkay et al. (2001) compare the U.S. with France and find …
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ow/
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ales
Source: Morgan Stanley Dean Witter (1998)
Japan's financial system is bank-based, rather than … stock-exchange based as in the U.S. In a
bank-based financial system, the main source of external funding is banks, both …