<図書>
Corporate financing and governance in Japan : the road to the future
| 責任表示 | Takeo Hoshi and Anil K. Kashyap ; [foreword by Stanley Fischer] |
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| データ種別 | 図書 |
| 出版情報 | Cambridge, Mass. : MIT Press , c2001 |
| 本文言語 | 英語 |
| 大きさ | xx, 358 p. : ill. ; 24 cm |
| 概要 | 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 re...orms. 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. 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. 続きを見る |
所蔵情報
| 状態 | 巻次 | 所蔵場所 | 請求記号 | 刷年 | 文庫名称 | 資料番号 | コメント | 予約・取寄 | 複写申込 | 自動書庫 |
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中央図 自動書庫 | 338.21/H 92 | 2001 |
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003212001007292 |
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書誌詳細
| 一般注記 | Includes bibliographical references (p. [329]-346) and indexes |
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| 著者標目 | *星, 岳雄 <ホシ, タケオ> Kashyap, Anil K. Fischer, Stanley, 1943- |
| 件 名 | LCSH:Finance -- Japan -- History
全ての件名で検索
LCSH:Banks and Banking -- Japan -- History 全ての件名で検索 LCSH:Corporations -- Japan -- Finance -- History 全ての件名で検索 LCSH:Corporate governance -- Japan -- History 全ての件名で検索 |
| 分 類 | NDC9:338.21 |
| 書誌ID | 1000731800 |
| ISBN | 0262083019 |
| NCID | BA53797753 |
| 巻冊次 | : hard ; ISBN:0262083019 : pbk ; ISBN:9780262582483 ; XISBN:0262582481 |
| 登録日 | 2009.09.15 |
| 更新日 | 2009.09.15 |
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