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The Imperfect-Markets Model of Commercial Bank Financial Management

Published online by Cambridge University Press:  19 October 2009

Extract

This paper examines a conceptual framework for normative models of financial management in commercial banks. Since the bank is viewed as a financial intermediary, it is argued that the appropriate conceptual framework for bank financial management models is one that focuses on imperfections in the markets in which the bank operates.

Type
Research Article
Copyright
Copyright © School of Business Administration, University of Washington 1974

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References

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