Is Three Better Than One?—Mutually Guaranty Loans

  • Jiazhuo G. WangEmail author
  • Juan Yang


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.


Supply Chain Commercial Bank Credit Union Default Risk Credit Line 
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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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