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Books > Business & Economics > Economics > Macroeconomics
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Japanese Corporate Finance and International Competition - Japanese Capitalism versus American Capitalism (Paperback, 1st ed. 1998)
Loot Price: R2,794
Discovery Miles 27 940
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Japanese Corporate Finance and International Competition - Japanese Capitalism versus American Capitalism (Paperback, 1st ed. 1998)
Series: Studies in the Modern Japanese Economy
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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.
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