The aim of this thesis is to show the reasons and causes of the S&Ls crisis during the decade of the 80's. It had been various individual facts, factors and also their interaction and mutual influence, that played a role in making the crisis. A comparison between S&Ls and German Mortgage Banks in the aspects mortgage types, project financing and capital requirements shows that it had been the prevailing circumstances of the S&Ls branch, which favoured the emergence and course of the S&Ls crisis. With the Principal-Agent Theory cooperative designs can be used for the mutual cooperation of S&Ls and their supervisory agencies and risk reduction within the sector.
| ISBN: | 9783631336519 |
| Publication date: | 1st July 1998 |
| Author: | Karsten F Turck |
| Publisher: | Peter Lang Edition an imprint of Lang, Peter, GmbH, Internationaler Verlag der Wiss |
| Format: | Paperback |
| Pagination: | 179 pages |
| Series: | Europaische Hochschulschriften : Reihe 5: Volks- Und Betriebswirtschaft |
| Genres: |
Economics, Finance, Business and Management Monetary economics Economic history Banking |