The difference between countries in terms of company controls can be categorized into market-oriented and ____________ systems.

Question

Quizplus · Accepted Answer

Market-oriented systems contrast with bank-centered systems in terms of how companies are controlled and financed. In market-oriented systems, such as those in the United States and the United Kingdom, companies rely more on securities markets for capital. In bank-centered systems, prevalent in countries like Germany and Japan, banks play a more central role in financing businesses and exerting control over companies.

The Difference Between Countries in Terms of Company Controls Can