Corporate Financing and Governance in Japan

Download Corporate Financing and Governance in Japan PDF Online Free

Author :
Publisher : MIT Press
ISBN 13 : 9780262582483
Total Pages : 386 pages
Book Rating : 4.5/5 (824 download)

DOWNLOAD NOW!


Book Synopsis Corporate Financing and Governance in Japan by : Takeo Hoshi

Download or read book Corporate Financing and Governance in Japan written by Takeo Hoshi and published by MIT Press. This book was released on 2004-01-31 with total page 386 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this book, Takeo Hoshi and Anil Kashyap examine the history of the Japanese financial system, from its nineteenth-century beginnings through the collapse of the 1990s that concluded with sweeping reforms. Combining financial theory with new data and original case studies, they show why the Japanese financial system developed as it did and how its history affects its ongoing evolution. The authors describe four major periods within Japan's financial history and speculate on the fifth, into which Japan is now moving. Throughout, they focus on four questions: How do households hold their savings? How is business financing provided? What range of services do banks provide? And what is the nature and extent of bank involvement in the management of firms? The answers provide a framework for analyzing the history of the past 150 years, as well as implications of the just-completed reforms known as the "Japanese Big Bang." Hoshi and Kashyap show that the largely successful era of bank dominance in postwar Japan is over, largely because deregulation has exposed the banks to competition from capital markets and foreign competitors. The banks are destined to shrink as households change their savings patterns and their customers continue to migrate to new funding sources. Securities markets are set to re-emerge as central to corporate finance and governance.

Corporate Financing and Governance in Japan

Download Corporate Financing and Governance in Japan PDF Online Free

Author :
Publisher : MIT Press
ISBN 13 : 0262582481
Total Pages : 379 pages
Book Rating : 4.2/5 (625 download)

DOWNLOAD NOW!


Book Synopsis Corporate Financing and Governance in Japan by : Takeo Hoshi

Download or read book Corporate Financing and Governance in Japan written by Takeo Hoshi and published by MIT Press. This book was released on 2004-01-31 with total page 379 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this book, Takeo Hoshi and Anil Kashyap examine the history of the Japanese financial system, from its nineteenth-century beginnings through the collapse of the 1990s that concluded with sweeping reforms. Combining financial theory with new data and original case studies, they show why the Japanese financial system developed as it did and how its history affects its ongoing evolution. The authors describe four major periods within Japan's financial history and speculate on the fifth, into which Japan is now moving. Throughout, they focus on four questions: How do households hold their savings? How is business financing provided? What range of services do banks provide? And what is the nature and extent of bank involvement in the management of firms? The answers provide a framework for analyzing the history of the past 150 years, as well as implications of the just-completed reforms known as the "Japanese Big Bang." Hoshi and Kashyap show that the largely successful era of bank dominance in postwar Japan is over, largely because deregulation has exposed the banks to competition from capital markets and foreign competitors. The banks are destined to shrink as households change their savings patterns and their customers continue to migrate to new funding sources. Securities markets are set to re-emerge as central to corporate finance and governance.

Corporate Social Responsibility and Corporate Finance in Japan

Download Corporate Social Responsibility and Corporate Finance in Japan PDF Online Free

Author :
Publisher : Springer
ISBN 13 : 9811089868
Total Pages : 240 pages
Book Rating : 4.8/5 (11 download)

DOWNLOAD NOW!


Book Synopsis Corporate Social Responsibility and Corporate Finance in Japan by : Megumi Suto

Download or read book Corporate Social Responsibility and Corporate Finance in Japan written by Megumi Suto and published by Springer. This book was released on 2018-05-24 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores the linkages between the evolution of corporate social responsibility (CSR) and corporate financing and governance in Japan since the late 2000s. Since the 1990s, increasing economic and financial globalization has steadily eroded the Japanese style of business based on relationships and influenced the awareness and practices of CSR that are unique to Japanese companies. In Japan’s two “lost decades” after the bubble economy, the business model and corporate financing seem to have continued a gradual financial reform toward a more market-oriented system. CSR awareness and practices of Japanese companies have been influenced by social and environmental issues that global society and communities face. Furthermore, the Fukushima nuclear accident in 2011 triggered increasing attention paid to the responsibility of business toward society. In this process, major players in corporate governance and components of governance structure have continued to change. The conventional view of Japanese corporate governance and corporate finance is too narrow to understand this field in Japan. This book is based on empirical research to investigate how multifaceted CSR has aligned with business and finance and has influenced the corporate governance structure of Japanese companies. The findings and discussions in this book act are stepping stones in further research on the linkages between business and society, and provide empirical evidence on changes in Japanese corporate finance and governance.

Restructuring Japanese Business for Growth

Download Restructuring Japanese Business for Growth PDF Online Free

Author :
Publisher : Springer Science & Business Media
ISBN 13 : 1461545935
Total Pages : 335 pages
Book Rating : 4.4/5 (615 download)

DOWNLOAD NOW!


Book Synopsis Restructuring Japanese Business for Growth by : Raj Aggarwal

Download or read book Restructuring Japanese Business for Growth written by Raj Aggarwal and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 335 pages. Available in PDF, EPUB and Kindle. Book excerpt: Restructuring Japanese Business for Growth consists of eighteen previously unpublished invited chapters by experts on Japanese business. It will attract both commercial and academic interest. Japanese business can be expected to continue to be of great importance in global and Asian economics, especially as the Japanese economy is the dominant economy in Asia, being larger than all other Asian economies combined. Policymakers and business people interested in understanding Japanese financial markets will find this book useful. In addition, this book should be a valuable resource for undergraduate, graduate, and executive development courses in international business, global finance, and Japanese business.

The Japanese Main Bank System

Download The Japanese Main Bank System PDF Online Free

Author :
Publisher : Clarendon Press
ISBN 13 : 0191521744
Total Pages : 684 pages
Book Rating : 4.1/5 (915 download)

DOWNLOAD NOW!


Book Synopsis The Japanese Main Bank System by : Masahiko Aoki

Download or read book The Japanese Main Bank System written by Masahiko Aoki and published by Clarendon Press. This book was released on 1995-02-16 with total page 684 pages. Available in PDF, EPUB and Kindle. Book excerpt: BL Gives a definitive description and analysis of the main bank system BL Strong contributors BL Understudied subject BL Incorporates results of a major World Bank research programme BL Balances institutional description with financial theory and empirical analysis This volume looks at systems of corporate finance, concentrating on the Japanese main bank system. The remaining chapters describe different systems, assessing to what extent the Japanese system can serve as a model for developing market economies and transforming socialist economies. The basic characteristics of the main bank system are examined here, its roots, development, and its role in the heyday of its rapid growth. The volume looks at how the system has performed and at its strengths and weaknesses. It goes on to look at how the system has changed and what its approprate role is as deregulation, liberalization, and internationalization of Japan's financial markets have proceeded over the past two decades and a new issue securities market has emerged. A basic conclusion of the book is that banking-based systems are in most cases the most appropriate for industrial financing until a rather late stage of a country's economic and financial development. It aims to identify the conditions under which banks are better able that securites market institutions to evaluate the credit worthiness of borrowers and the viability of new projects, to monitor the ongoing performance of firms, and to rescue or liquidate firms in distress. Contributors: Masahiko Aoki, Theodor Baums, V.V.Bhatt, John Campbell, Yasushi Hamao, Toshihiro Horiuchi, Takeo Hoshi, Anil Kashyap, Dong-Wong Kim, Gary Loveman, Sang-Woo Nam, Frank Packer, Hugh Patrick, Yingyi Qian, Mark Ramseyer, Clark Reynolds, Satoshi Sunamura, Paul Sheard, Juro Teranishi, Kazuo Ueda,

Japanese Firms, Finance and Markets

Download Japanese Firms, Finance and Markets PDF Online Free

Author :
Publisher : Addison Wesley Publishing Company
ISBN 13 :
Total Pages : 336 pages
Book Rating : 4.:/5 (318 download)

DOWNLOAD NOW!


Book Synopsis Japanese Firms, Finance and Markets by : Australia-Japan Research Centre

Download or read book Japanese Firms, Finance and Markets written by Australia-Japan Research Centre and published by Addison Wesley Publishing Company. This book was released on 1996 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Japanese Resistance to American Financial Hegemony

Download Japanese Resistance to American Financial Hegemony PDF Online Free

Author :
Publisher : Routledge
ISBN 13 : 1000672816
Total Pages : 361 pages
Book Rating : 4.0/5 (6 download)

DOWNLOAD NOW!


Book Synopsis Japanese Resistance to American Financial Hegemony by : Fumihito Gotoh

Download or read book Japanese Resistance to American Financial Hegemony written by Fumihito Gotoh and published by Routledge. This book was released on 2019-10-01 with total page 361 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book investigates why the convergence of Japan’s bank-centered financial system to an American-style capital market-based model has lost steam since the mid-2000s, despite financial deregulation during the 1980s and 1990s. Examining the ideational conflict within Japanese elites between the market liberalization and anti-free market camps, it scrutinizes the American and Japanese credit rating agencies operating in Tokyo and explores the differences between the two major industrial associations, Keidanren and Doyukai, which have played a key role as "ideational platforms" for Japanese corporate society. The book emphasizes the concept of "systemic support", whose broadened definition incorporates dominant elites’ support and protection of subordinates in exchange for the latter’s obedience and loyalty. It argues that Japanese society’s anti-liberal, anti-free market norms centered on systemic support are a form of counter-hegemony, and this has resisted American financial hegemony, promoting international capital mobility and capital markets, and prevented capitalist dominance from severing long-term social ties such as management-labor cooperation and corporate group alliances. Yet this resistance has generated growing problems for Japan. With a focus on social norms, bureaucracy, credit rating agencies, industrial associations and corporate governance, this book will provide useful insights for scholars and students of international political economy, sociology, cultural studies, and business studies.

Japanese Corporate Finance and International Competition

Download Japanese Corporate Finance and International Competition PDF Online Free

Author :
Publisher : Palgrave Macmillan
ISBN 13 : 9780312211585
Total Pages : 194 pages
Book Rating : 4.2/5 (115 download)

DOWNLOAD NOW!


Book Synopsis Japanese Corporate Finance and International Competition by : Masasuke Ide

Download or read book Japanese Corporate Finance and International Competition written by Masasuke Ide and published by Palgrave Macmillan. This book was released on 1998 with total page 194 pages. Available in PDF, EPUB and Kindle. Book excerpt: The central theme of this book is to demonstrate that the relationship is based financial system was the hidden key factor to explain Japan's phenomenal economic growth after WWII by providing low cost of capital to major Japanese companies as a powerful edge in the export market. The book compares and contrasts the Japanese financial system in detail to that of the US and emphasizes the importance of relationship driven share ownership structure and the stock market behavior which valued highly the low profitability of Japanese management. Through the international comparison of corporate profitability and cost of capital, the book develops a theoretical framework which shows how the financial system affects directly and indirectly international economic competition and the macroeconomic performance of nations. Then the book critically reassesses the traditional Japanese approach to economic value creation as a catch-up model, including the analysis of current major economic difficulties facing Japan.

Cases on International Business and Finance in Japanese Corporations

Download Cases on International Business and Finance in Japanese Corporations PDF Online Free

Author :
Publisher : Hong Kong University Press
ISBN 13 : 9622098916
Total Pages : 193 pages
Book Rating : 4.6/5 (22 download)

DOWNLOAD NOW!


Book Synopsis Cases on International Business and Finance in Japanese Corporations by : Mitsura Misawa

Download or read book Cases on International Business and Finance in Japanese Corporations written by Mitsura Misawa and published by Hong Kong University Press. This book was released on 2007-10-01 with total page 193 pages. Available in PDF, EPUB and Kindle. Book excerpt: While Japan's export-oriented economy has been advancing with astounding speed, significant differences remain between the management philosophy and techniques used within Japanese companies and those used in the West. These include the significant differences in the use of capital budgeting techniques, economic and political assessment of projects, decision-making styles, and techniques of corporate governance.

Current Business and Legal Issues in Japan's Banking and Finance Industry

Download Current Business and Legal Issues in Japan's Banking and Finance Industry PDF Online Free

Author :
Publisher : World Scientific Publishing Company
ISBN 13 : 9813106743
Total Pages : 464 pages
Book Rating : 4.8/5 (131 download)

DOWNLOAD NOW!


Book Synopsis Current Business and Legal Issues in Japan's Banking and Finance Industry by : Mitsuru Misawa

Download or read book Current Business and Legal Issues in Japan's Banking and Finance Industry written by Mitsuru Misawa and published by World Scientific Publishing Company. This book was released on 2006-09-01 with total page 464 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is one of the few books written in English by a Japanese author with expertise in finance, law and business. The book presents issues pertaining to the three areas from Japan's and US viewpoints, and is based on ten articles, published in reputable journals, on current issues in finance and law in Japan. It includes additional comments on Japan's banking and finance industry. The book contains a number of citations which will help readers understand more about Japanese law and finance. It also serves as a reference source for people outside Japan interested in Japanese law and finance. This book will be of interest to businessmen, accountants and lawyers who wish to know more about the second largest economy in the world.

The Japanese Finance

Download The Japanese Finance PDF Online Free

Author :
Publisher : Emerald Group Publishing
ISBN 13 : 9780762310685
Total Pages : 478 pages
Book Rating : 4.3/5 (16 download)

DOWNLOAD NOW!


Book Synopsis The Japanese Finance by : Jongmoo Jay Choi

Download or read book The Japanese Finance written by Jongmoo Jay Choi and published by Emerald Group Publishing. This book was released on 2003 with total page 478 pages. Available in PDF, EPUB and Kindle. Book excerpt: Japan has always been an "odd man out" from the standpoint of Western norm or Western finance. It is a country that is as developed as any in the West. However, it is also a country that possesses the institutional and cultural traits that separate it from the West. This book contains 21 papers that address various aspects of Japanese finance.

Crisis and Change in the Japanese Financial System

Download Crisis and Change in the Japanese Financial System PDF Online Free

Author :
Publisher : Springer Science & Business Media
ISBN 13 : 1461543959
Total Pages : 326 pages
Book Rating : 4.4/5 (615 download)

DOWNLOAD NOW!


Book Synopsis Crisis and Change in the Japanese Financial System by : Takeo Hoshi

Download or read book Crisis and Change in the Japanese Financial System written by Takeo Hoshi and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 326 pages. Available in PDF, EPUB and Kindle. Book excerpt: At the start of the twenty-first century, the Japanese financial system is undergoing a major transformation. This process is spurred by a sense of crisis. Dominated by large institutions, the Japanese banking system has suffered from serious problems with non-performing loans since the early 1990s, when the Japanese stock market and urban real estate market both crashed. Delays in responding to these twin asset bubbles, by both regulatory authorities and the banks themselves, made matters worse and led to a banking crisis in late 1997 and early 1998. Not anticipating this setback, in late 1996 the Japanese government inaugurated its Big Bang of comprehensive financial deregulation designed to complete the process of creating `free, fair, and open financial markets'. Beginning in late 1998 and early 1999 the government finally embarked on a major rehabilitation of the Japanese banking system, including making available some Yen 60 trillion (approximately USD 500 billion) of government funds to recapitalize fifteen major banks, adequately fund the deposit insurance program, and write off the bad loans of nationalized or bankrupted banks. One result of this reform process is that the Ministry of Finance (MOF), which dominated Japanese financial system policy for most of the post-war period, has been stripped of most of its former regulatory powers. The purpose of this book is to describe, analyze, and evaluate the process that is transforming the Japanese financial system. The chapters address various issues relating to the transition of the Japanese financial system from a bank-centered and relationship-based system to a competitive market-based system. Questions taken up include: Why did Japanese banks get into such serious trouble? Why has the MOF lost its immense power? How will the Big Bang's financial deregulation further change the Japanese financial system, including the huge government financial institutions and postal savings system? What are some of the broader implications of this transition? The book is divided into three parts: Part I considers the origins of Japan's banking crisis; Part II focuses on five particularly important areas of major actual and potential changes; Part III addresses the effects of the Big Bang, including its potential systemic externalities. Taken together, this book offers an unusually up-to-date, comprehensive and thorough appraisal and evaluation of the profound changes occurring in Japan's financial system.

Corporate Structure, Liquidity, and Investment

Download Corporate Structure, Liquidity, and Investment PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 46 pages
Book Rating : 4.:/5 (318 download)

DOWNLOAD NOW!


Book Synopsis Corporate Structure, Liquidity, and Investment by : Takeo Hoshi

Download or read book Corporate Structure, Liquidity, and Investment written by Takeo Hoshi and published by . This book was released on 1988 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Issues in Japanese corporate finance

Download Issues in Japanese corporate finance PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (122 download)

DOWNLOAD NOW!


Book Synopsis Issues in Japanese corporate finance by :

Download or read book Issues in Japanese corporate finance written by and published by . This book was released on 1983 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Business Reinvention of Japan

Download The Business Reinvention of Japan PDF Online Free

Author :
Publisher : Stanford University Press
ISBN 13 : 1503612368
Total Pages : 339 pages
Book Rating : 4.5/5 (36 download)

DOWNLOAD NOW!


Book Synopsis The Business Reinvention of Japan by : Ulrike Schaede

Download or read book The Business Reinvention of Japan written by Ulrike Schaede and published by Stanford University Press. This book was released on 2020-06-16 with total page 339 pages. Available in PDF, EPUB and Kindle. Book excerpt: After two decades of reinvention, Japanese companies are re-emerging as major players in the new digital economy. They have responded to the rise of China and new global competition by moving upstream into critical deep-tech inputs and advanced materials and components. This new "aggregate niche strategy" has made Japan the technology anchor for many global supply chains. Although the end products do not carry a "Japan Inside" label, Japan plays a pivotal role in our everyday lives across many critical industries. This book is an in-depth exploration of current Japanese business strategies that make Japan the world's third-largest economy and an economic leader in Asia. To accomplish their reinvention, Japan's largest companies are building new processes of breakthrough innovation. Central to this book is how they are addressing the necessary changes in organizational design, internal management processes, employment, and corporate governance. Because Japan values social stability and economic equality, this reinvention is happening slowly and methodically, and has gone largely unnoticed by Western observers. Yet, Japan's more balanced model of "caring capitalism" is both competitive and transformative, and more socially responsible than the unbridled growth approach of the United States.

Japanese Corporate Finance

Download Japanese Corporate Finance PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 36 pages
Book Rating : 4.:/5 (293 download)

DOWNLOAD NOW!


Book Synopsis Japanese Corporate Finance by : Jonathan Joseph

Download or read book Japanese Corporate Finance written by Jonathan Joseph and published by . This book was released on 1987 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Corporate Finance in Japan

Download Corporate Finance in Japan PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 70 pages
Book Rating : 4.:/5 (318 download)

DOWNLOAD NOW!


Book Synopsis Corporate Finance in Japan by : James E. Hodder

Download or read book Corporate Finance in Japan written by James E. Hodder and published by . This book was released on 1993 with total page 70 pages. Available in PDF, EPUB and Kindle. Book excerpt: