Financial and Industrial Relations
German banks have a much larger role in shaping the industrial sector than those in other Western countries. Rather than simply collecting savings and investments and issuing loans, most German banks have large interests in the commercial sector. As such, many corporate boards offer seats to high-ranking German banking officials, whose banks are often investors in the corporation. As a result, they seek to promote long-term investment in the overall health of the companies they are working with.
Read more about this topic: German Model
Famous quotes containing the words financial, industrial and/or relations:
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