Japanese Corporate Finance and International Competition
ISBN:
9781349262403
Auflage:
1st ed. 1998
Verlag:
Palgrave Macmillan, Palgrave Macmillan UK
Land des Verlags:
Vereinigtes Königreich
Erscheinungsdatum:
15.03.1998
Reihe:
Studies in the Modern Japanese Economy
Format:
Softcover
Seitenanzahl:
194
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In this book, the author describes that the relationship based shareholding was the hidden key factor to explain Japan's miraculous economic success after WWII. The stock market which valued the low profitability Japanese companies highly enabled them to provide 'better and cheaper' manufactured goods in the export markets, leading resource poor Japan to a leading exporter and economic and financial superpower. The book also casts critical eyes to the weakness of the traditional Japanese financial system as a catch-up model, in comparison with the open US system.
Biografische Anmerkung
Masasuke Ide is Executive Fellow at the Nomura Research Institute at Noruma School of Advanced Management in Tokyo
