Two features of recent economic experience have been the transition to post-Fordism and the ageing of populations. Post-Fordism entails diverse production and consumption, flexible employment, privatisation and a smaller welfare state. Population ageing is predicted to cause financial problems...

During the 20th century, pensions in developed countries were generally payable from a statutory retirement age which provided a norm for retirement behaviour and a threshold dividing older from younger age groups. Governments, by setting fixed starting dates for work and retirement, created a...

Investor risk aversion in the long-term bond markets strongly influences the ability of many businesses to finance capital expenditures.

The ability to borrow funds at the discount window is a potentially valuable incentive for a bank to belong to the Federal Reserve System.

Several banking law changes have been proposed "to increase" competition between commercial banks ("CB"), mutual savings banks ("MSB"), and savings and loan associations ("SLA"). This paper will examine the empirical evidence concerning thrift institutions' effects on financial conditions...

The most dramatic development in banking in recent years has been the rise of bank holding companies. More than 1,750 of these banking operations now control most of America's bank assets and deposits.

The Hunt Commission's recommendations and other proposed banking law changes have made commercial bank performance under regulation a matter of some public concern.

This important and timely new text introduces and explains the key ideas of accounting for society, the historical development of corporate social responsibility, accountability and ethics and their importance to everyday life