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Issue:

Business

 

Written by:

James M

 

Date added:

November 10, 2012

 

Level:

University

 

Grade:

A

 

No of pages / words:

2 / 383

 

Was viewed:

5658 times

 

Rating of current essay:

 
Essay content:

Risk-averse savers had few alternatives to holding saving deposits and rapidly growing corporations had to rely heavily on bank loans to finance their extraordinarily high rates of fixed investments. However as a result of slower economic growth during the mid 70s this structure began to change with the restrictions on bond and equity markets relaxed...
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However as a result of slower economic growth during the mid 70s this structure began to change with the restrictions on bond and equity markets relaxed. As the markets opened up established firms shifted to alternative cheaper financing options in the form of bonds and equity. This greatly reduced their dependence on banks...
displayed 300 characters

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