Corporate Financing and Governance in Japan: The Road to the Future - The MIT Press (Paperback)
  • Corporate Financing and Governance in Japan: The Road to the Future - The MIT Press (Paperback)
zoom

Corporate Financing and Governance in Japan: The Road to the Future - The MIT Press (Paperback)

(author), (author), (foreword)
£25.00
Paperback 378 Pages / Published: 31/01/2004
  • We can order this

Usually dispatched within 3 weeks

  • This item has been added to your basket
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.

Publisher: MIT Press Ltd
ISBN: 9780262582483
Number of pages: 378
Weight: 522 g
Dimensions: 229 x 152 x 19 mm

You may also be interested in...

Liar's Poker
Added to basket
£9.99
Paperback
The Financial Times Guide to Investing
Added to basket
The Big Short
Added to basket
£9.99   £7.99
Paperback
Fooled by Randomness
Added to basket
Moneyball
Added to basket
£11.99
Paperback
Rich Dad's Guide to Investing
Added to basket
£14.99   £10.49
Paperback
The Poor Had No Lawyers
Added to basket
One Up On Wall Street
Added to basket
Buffett: The Biography
Added to basket
Business Adventures
Added to basket
£10.99
Paperback
The Snowball
Added to basket
£16.99
Paperback
The Money Machine
Added to basket
£10.99
Paperback
Treasure Islands
Added to basket
The Wolf of Wall Street
Added to basket

Reviews

Please sign in to write a review

Your review has been submitted successfully.