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Is Three Better Than One?—Mutually Guaranty Loans

  • Jiazhuo G. WangEmail author
  • Juan Yang
Chapter

Abstract

When Robert Shiller, a Yale professor and Nobel laureate in economics, was invited to give a talk about finance on Bloomberg Radio, he identified risk management as the very essence of finance: because the future is full of uncertainty, finance and insurance are developed to manage risk, share risk and hedge risk.

Keywords

Supply Chain Commercial Bank Credit Union Default Risk Credit Line 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Copyright information

© Springer Science+Business Media Singapore 2016

Authors and Affiliations

  1. 1.School of Business, College of Staten IslandCity University of New YorkStaten Island, New YorkUSA
  2. 2.HSBC Business SchoolPeking UniversityShenzhenChina

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