Journals Higher Education



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Published: 01 February 2007

356 Pages | 21 figures, 15 tables


ISBN: 9780199296576

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Investment Banking

Institutions, Politics, and Law

Alan D. Morrison and William J. Wilhelm, Jr.

  • Provides a first theory of investment banking, referencing three centuries of the industry's evolution
  • Provides a comprehensive introduction into the theory, history, and practice of investment banking
  • Draws on historical and institutional elements within banking and commerce to provide an economic rationale for the dominance of investment banks in capital markets
  • Sheds new light on state intervention in the operation of capital markets and provides a technological explanation for recent capital market restructuring

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