Download or read book The Financial Behavior of Japanese Corporations written by Robert J. Ballon and published by . This book was released on 1988 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Financial Behavior of Japanese Corporations written by Robert J. Ballon and published by Kodansha. This book was released on 1988 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The financial behaviour of Japanese corporations written by Robert J. Ballon and published by . This book was released on 1988 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Corporate Governance and Corporate Behavior in Japan written by Masaharu Hanazaki and published by Springer. This book was released on 2016-07-28 with total page 94 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book carefully examines the effects of changes in the corporate governance structure on corporate behavior or company performance, using micro-data from listed companies in Japan. The author found that in Japan the introduction of stock options had neither a positive impact on profitability nor the negative side effects of promoting risk-taking behaviors. Furthermore, he found that corporate diversification and division of corporations showed negative impacts on profitability. The corporate governance structure of Japan has exhibited a large change from the second half of the 1990s to the present. There have been institutional reforms involving enterprise law, such as the introduction of stock options and the removal of the ban on holding companies. With respect to the ownership structure of a company, discernible trends are that the equity holdings of financial institutions and business corporations have fallen while the presence of foreign stockholders has risen. These trends are often pointed out as signs that the Japanese corporate governance structure has been approaching the American model and that this will energize Japanese firms. The author contradicts common academic theories, however, and concludes that the formation of the corporate governance which emphasizes the agency problem between shareholders and corporate managers is inadequate. He suggests that an institutional arrangement for a corporate governance system that values a variety of stakeholders' interests is greatly needed and concludes that perspectives on maximizing surplus values for various stakeholders and distributing the surpluses appropriately among the stakeholders will become increasingly important for the purpose of managing corporations.
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.
Download or read book Japanese Firms During the Lost Two Decades written by Jun-ichi Nakamura and published by Springer. This book was released on 2016-08-02 with total page 81 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why has Japan's lost decade become the lost two decades? This book attempts to provide a novel perspective on causes of stagnant productivity growth of the Japanese corporate sector during the lost two decades. Exploiting the corporate financial dataset compiled by the Development Bank of Japan, it shows empirical evidence that an excessive conservative financial policy of firms in good standing were responsible for sluggish reallocation of productive resources after the recovery of “zombie” firms. The questions taken up in the book include: How can “zombie” firms be properly identified only on the basis of financial data? Why did a majority of “zombie” firms eventually recover? Why did the productivity and profitability of the corporate sector as a whole remain low even after the recovery of “zombie” firms? Why did firms in good standing stick to an excessive conservative financial policy and seem reluctant to invest for innovation? What can be the effective prescription to revitalize these firms in good standing? Supported by both in-depth data analyses and rich anecdotal evidence, this book is highly recommended to readers who seek a convincing and comprehensive explanation of Japan's lost two decades from the financial and corporate behavioral points of view.
Download or read book Firm Financial Behavior in the US and Japan written by Stephen David Prowse and published by . This book was released on 1989 with total page 158 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Japanese Firms Financial Behaviour written by Shinichiro Nagaoka and published by . This book was released on 1991 with total page 65 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Japanese Business Down Under written by David W. Edgington and published by Routledge. This book was released on 2018-10-31 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt: The first comprehensive study of post-war Japanese transnational corporations in Australia, this book, first published in 1990, gives valuable insights into the particular characteristics of Japanese overseas investment. It looks at how, where and why Japanese corporations have set up their business activities in Australia, focusing on the economic, political and geographic factors shaping their operations. It presents case studies of Japanese trading companies, manufacturing companies, banks, and financial institutions. As well as highlighting the essential differences that separate Japanese transnational companies from those of the UK and the USA, the study gives new theoretical insights into the complex behaviour of Japanese corporations in their host countries.
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 Japanese Corporate Finance written by Nobuyoshi Yamori and published by . This book was released on 2007 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt: In June 2005, a questionnaire survey was sent to 9000 companies in the Kansai Area (Osaka, Kyoto and Hyogo), the second largest economic block in Japan, with 2041 companies responding. This article introduces the results of this questionnaire survey. The greatest feature of this study is that, unlike previous works on traditional corporate finance, much information on unlisted companies is included. The dividend policy of Japanese companies, awareness of corporate governance, funding behavior, and bank selection behavior were analyzed. As a result, we found that being a consolidated subsidiary or a group member of an affiliation of companies greatly affects a company's financial activities, and that the capital adequacy ratio and size of the company are also important factors.
Download or read book Institutional Investment Patterns and Corporate Financial Behavior in the U S and Japan written by Stephen D. Prowse and published by . This book was released on 1990 with total page 55 pages. Available in PDF, EPUB and Kindle. Book excerpt:
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 Current Business And Legal Issues In Japan s Banking And Finance Industry 2nd Edition written by Mitsuru Misawa and published by World Scientific Publishing Company. This book was released on 2011-04-20 with total page 596 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is the 2nd edition of the author's earlier book with the same title. It contains additional five chapters that are added to reflect the most recent changes in the economy and law in Japan.At a time when foreign interest in the current Japanese market and economy is significant and becoming increasingly prominent, Japanese corporate behavior and practices are two potentially confusing areas for international businessmen, accountants and lawyers. This book features numerous insights into Japanese perspectives on finance, law and business, based on the author's expertise in these three areas. As the data provided in this book is pertinent to understanding Japanese laws and business practices, this text will be of great interest to foreign companies aspiring to be successful in Japan./a
Download or read book Balance Sheet Repair and Corporate Investment in Japan written by Mr.Joong Kang and published by International Monetary Fund. This book was released on 2014-08-04 with total page 21 pages. Available in PDF, EPUB and Kindle. Book excerpt: We trace Japanese firms’ behavior over the last decades using aggregate corporate balance sheet data. Financial health of Japanese corporate sector has improved and firms paid back significant amount of debt and rebuilt their liquidity buffers. They also expanded abroad while the pace of corporate investment moderated. Regarding the latter, model estimates on aggregate corporate investment over the post bubble period show that expectation about future profitability, in particular medium-term demand outlook, has been the major driver, implying that a successful implementation of structural reforms could have positive impact even in the near term by improving the medium-term demand outlook.
Download or read book Corporate Governance in Japan written by N. Demise and published by Springer Science & Business Media. This book was released on 2006-11-22 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is the result of an international comparative study of corporate governance begun in 2002, and provides analysis of the issue as it applies to management, moral hazards, accounting practices, and the institutional investor from both a Japanese and a global perspective. The study presents a view of the company as an entity that not only maximizes profit for stockholders but that also has a social role to play in maintaining a sustainable society.
Download or read book The MIT Encyclopedia of the Japanese Economy written by Robert C. Hsu and published by MIT Press. This book was released on 1999 with total page 570 pages. Available in PDF, EPUB and Kindle. Book excerpt: The MIT Encyclopedia of the Japanese Economy was the first English-language encyclopedia to cover all major aspects of Japan's postwar economy. The second edition has been fully revised and expanded, and includes previously unpublished data as well as coverage of recent developments in the economy. The definitional entries concisely explain major economic concepts and include translations of Japanese economic terms and cross references to the longer topical essays. The 180 topical essays cover banks, financial systems, major industries, corporate groups, management practices, labor unions, international trade and investments, government economic policies, and more. They also include comprehensive statistics, American and Japanese views on economic relations between the two countries, and suggestions for further reading. A new index contains names of major companies.
