Author: Stepphen David ProwsePublisher:
ISBN:
Category :
Languages : es
Pages : 129
Book Description
Firm financial behavior in the US and Japan
Author: Stepphen David ProwsePublisher:
ISBN:
Category :
Languages : es
Pages : 129
Book Description
Firm Financial Behavior in the US and Japan
Author: Stephen David ProwsePublisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 158
Book Description
A Comparison of Financial Objectives and Behavior in Japanese and American Firms
Author: Hideyuki KamiryoJapanese Firms' Financial Behaviour
Author: Shinichiro NagaokaJapanese Firms During the Lost Two Decades
Author: Jun-ichi NakamuraPublisher: Springer
ISBN: 4431559183
Category : Business & Economics
Languages : en
Pages : 81
Book Description
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.
Japan's Economic Recovery
Author: Robert Mitchell SternPublisher: Edward Elgar Publishing
ISBN: 9781781957295
Category : Business & Economics
Languages : en
Pages : 484
Book Description
The contributors to this book, from the US and Japan, explore the main issues involved in the international trade, foreign direct investment, and macro/financial relations of the United States and Japan and provide guidance to policy makers for measures to help overcome Japan's economic stagnation since the early 1990s. The book is divided into three parts. Part I contains an empirical analysis of trade diversion under the North American Free Trade Agreement (NAFTA), a theoretical analysis of time in determining the structure and effects of trade with an application to Japan, and an empirical analysis of Japan's changing import behavior. Part II is focused on foreign direct investment (FDI), trade, and the behavior and structure of Japanese firms. Part III deals with macro/financial issues of current interest and importance in Japan. The analytical focus of the chapters is intended to enhance the understanding of the issues addressed and to provide some guidance to policymakers in the design of measures that will improve economic efficiency and welfare and help to overcome the economic stagnation that Japan has experienced in the past decade or more.
Japan's Financial Revolution and How American Firms are Profiting
Author: Stephen M. HarnerPublisher: Routledge
ISBN: 1315291959
Category : Business & Economics
Languages : en
Pages : 304
Book Description
This book examines the rapid deregulation and changing nature of Japan's financial marketplace as it emerges from its worst economic crisis since the end of the Second World War. The author focuses on how U.S. firms like Citibank, AIG, Merrill Lynch, GE Capital, Fidelity Investments, and American Express have made large investments and built strategic businesses in a market that was effectively closed to them only a few years ago. He also profiles Japan's major financial institutions, which are aggressively restructuring to defend their home turf from foreign competitors. Now that the economic crisis appears to be over, this exciting new book gives business students, scholars, and executives an in-depth analysis and understanding of the on-going transformation of the Japanese marketplace in banking, securities, insurance, asset management, mutual funds, and consumer credit.
Trade with Japan
Author: Paul KrugmanPublisher: University of Chicago Press
ISBN: 0226454657
Category : Business & Economics
Languages : en
Pages : 356
Book Description
The realities of Japanese-U.S. trade and investment relations are clouded by mistrust, misinformation, and myth. In what way is the Japanese economic system different, and is it to be emulated or challenged? The contributors, from both the United States and Japan, explore Japanese trade patterns, market structure and trade, financial markets, and industrial and trade policy. Offering analysis of the issues, Trade with Japan is a valuable resource for economists, policymakers, and the business community.
Japanese Firms, Finance and Markets
Author: Australia-Japan Research CentrePublisher: Addison Wesley Publishing Company
ISBN:
Category : Conglomerate corporations
Languages : en
Pages : 336
Book Description
Opening Japan's Financial Markets
Author: James Robert BrownPublisher: Psychology Press
ISBN: 0415108446
Category : Business & Economics
Languages : en
Pages : 259
Book Description
Opening Japan's Financial Marketsexamines the failure of foreign banks to penetrate Japanese financial markets. It looks beyond simplistic arguments which blame stringent Japanese protectionist policies for keeping the Japanese market closed. Examining the history of foreign banking activity in Japan, the book shows that the inept behavior of foreign banks and foreign governments explains much of their failure. J. Robert Brown, Jr. argues that solutions designed to "punish" the Japanese--such as managed trade--are inappropriate. He suggests that foreign banks must change their approach to the Japanese regulatory system and their method of operation--including an overhaul of their personnel practices. Brown argues that a greater understanding and commitment to the market is needed, and that the US government must put its own house in order as it induces the Japanese to liberalize. Brown also discusses at length the methods used by the Japanese government to limit foreign banks to a small niche in the financial markets.