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.
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.
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.
Download or read book Japanese Takeovers written by W. Carl Kester and published by Beard Books. This book was released on 2003-11 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a reprint of a previously published work. It deals with japanese mergers and acquisitions which reached a zenith in the 1980s.
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:
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,
Download or read book The Competition written by Thomas Pepper and published by Greenwood. This book was released on 1985 with total page 410 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book International Corporate Finance written by Harvey A. Poniachek and published by Routledge. This book was released on 2012-11-26 with total page 450 pages. Available in PDF, EPUB and Kindle. Book excerpt: This thorough, comprehensive introduction to international financial management provides an expert guide to the workings of international capital markets, the financing of international business, the complexities of international taxation and the use of financial instruments such as swaps and options. Written by professionals, the book guides the reader through each key topic, targeting the issues underpinning successful financial strategy in the global markets of the 1990s.
Download or read book Competition Innovation and Growth in Japan written by Yuji Honjo and published by Springer. This book was released on 2017-05-11 with total page 269 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book addresses three important concepts in the economy—competition, innovation, and growth—using various cases and available data in Japan and other countries. First, the authors discuss competition, including global competition, to provide a better understanding of competition policy in Japan. Then, the authors examine the effects of human capital and alliance on innovation while providing new innovation indicators. Moreover, the authors examine growth from the perspective of corporate strategy such as acquisition, including international comparison. The interplay of competition, innovation, and growth has been prevalent in Japan, and it still acts as a catalyst for stimulating the stagnant economy. A better understanding of competition, innovation, and growth provides the tools to reinvigorate the stagnant economy in Japan and to reinforce the economy in other countries where the period of rapid growth has ended.
Download or read book The Japanese Firm written by Masahiko Aoki and published by Oxford University Press, USA. This book was released on 1994 with total page 426 pages. Available in PDF, EPUB and Kindle. Book excerpt: Written by prominent scholars in the field, this is an account of the Japanese firm and its sources of success. Containing both theoretical and empirical work, the book ranges across labour and information economics, finance, organizational theory, and others.
Download or read book International Competitiveness of Financial Institutions written by Dayanand Arora and published by . This book was released on 1996 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Competition for Corporate Control written by Ulrike Schaede and published by . This book was released on 2006 with total page 98 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Japanese Exports and Foreign Direct Investment written by Hideki Yamawaki and published by Cambridge University Press. This book was released on 2012-10-04 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study is an addition to the economics, finance, and business literatures about market competition as it takes place in international manufacturing industries. Much is known about how large firms compete in domestic economies and about how broadly competitive processes determine international trade. The intersection between these two areas is missing, however. Little is known about how oligopolists interact with each other across international boundaries. This book presents a series of empirical analysis to address this issue by using various data on exports and foreign direct investments by Japanese firms and industries from the late 1950s through the early 2000s. The book thus shows the competitive processes that Japanese firms engage in international markets.
Download or read book Growth through Competition Competition through Growth written by Hiroyuki Odagiri and published by Clarendon Press. This book was released on 1992-01-23 with total page 381 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines two central aspects of Japanese management - growth pursuit by internal investment (as opposed to acquisition), and intensive competition within and between Japanese firms. It also looks at how Japanese firms maintain efficiency and flexibility under the apparently rigid system of 'lifetime' employment. The author begins by enquiring in to the financial and human aspects of the firm with a particular emphasis placed on the human side. T he motivation, behaviour, and organization of Japanese management are discussed and the consequences of Japan's management system on its industrial organization and macroeconomy are examined. Throughout the book, it is emphasized that competition is at the heart of the Japanese economy and management to the same, if not to a greater degreee than in the West. This competition is enhanced by the growth preference of Japanese management, and competition in turn makes growth feasible.
Download or read book The Japanese Business and Economic System written by M. Nakamura and published by Springer. This book was released on 2001-01-11 with total page 417 pages. Available in PDF, EPUB and Kindle. Book excerpt: Emerging from ten years of post-bubble recession, the Japanese business and economic system will need to enter a period of radical restructuring in order to return to the growth of former years and maintain its influential position in the development of new technologies. Japan's choices for the future will have a major impact on its global trading partners. In this edited collection of papers, an international range of contributors discuss the fundamental issues faced by the Japanese business and economic system from historical, analytical and empirical perspectives. Their conclusions combine to present a view of the path Japan should take to restore its economy to optimal growth in the 21st century, and show how this path will affect global markets.
Download or read book International Competitiveness in Financial Services written by Marvin H. Kosters and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 247 pages. Available in PDF, EPUB and Kindle. Book excerpt: financial markets suggests that factors such as differences in capital requirements, limi tations on size or on the range of financial activities in which firms can engage, govern ment guarantee arrangements for deposits or payments, and reporting or disclosure requirements can have important effects on the efficiency of industrial and commercial firms and thus on the international competitive positions of major sectors of the U.S. economy. Regulatory and tax policies must therefore take into account effects on inter national competitive positions in addition to domestic concerns. The articles in this issue analyze differences in market organization and regulation across countries and examine how efficiency in producing financial services is influenced by these differences. These articles were presented and discussed at a conference sponsored by the Amer ican Enterprise Institute in Washington, D.C., on May 31 and June 1, 1990. This confer ence on International Competitiveness in Financial Services brought to the attention of Washington policy officials these analyses by leading scholars in finance. Publication of these studies and critiques in the Journal of Financial Services Research is intended to stimulate further interest in research on these important issues.
Download or read book Japanese Corporate Strategy in Crisis written by Ken'ichi Ōmae and published by . This book was released on 1995 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt:
