Between Markets and Networks

Regional Banks in Italy

Bibliographic Data

ID8420489
AuthorsFrancesca Carnevali (University of Birmingham, corresponding author)
Year1996
Volume38
Issue3
Pages84-100
Publication date1996-07-01
Peer ReviewedYes
Open AccessNo
TypeARTICLE
VenueBusiness History (JOURNAL)
Journal identifiersISSN: 0007-6791 • E-ISSN: 1743-7938
PublisherInforma UK Limited (PUBLISHER • GB)
DOI10.1080/00076799600000096
OpenAlexW2059357817
LanguageEN
Citations received8

This article examines the methods by which Italian regional banks reduce information asymmetries. It argues that local banks gain information about prospective and existing customers through both formal and informal channels. Informal information is provided by other institutions that operate, together with the bank, within local economic networks. The relations between agents within the network are understood in their historical context and their regulation is interpreted in the light of social conventions. Finally, the paper speculates on whether the availability of informal information reduces transaction costs, thereby increasing the availability of finance

Business · Context (archaeology · Database transaction · Economics · Information asymmetry · Transaction cost · Banking stability, regulation, efficiency · Computer Science · Finance · Italy: Economic History and Contemporary Issues

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