The paper investigates the problem of the excess of deposits in banks over loans observed in the US, Europe and Japan, resulting in the cash hoarding in banks. The paper argues that as the higher the borrowers' debt service ratio, the greater default risks, borrowers with high debt service ratio...

Praise for The New CFO Financial Leadership Manual, Third Edition ""This book is an excellent guide for the new CFOs of the world. Seasoned professionals will find it to be an extremely useful reference tool.""-David Zatlukal, Treasurer, J.H. Whitney Capital Partners, LLC ""The Third Edition...