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Cross Shareholdings in Japan - A New Unified Perspective of the Economic System (Hardcover)
Loot Price: R2,717
Discovery Miles 27 170
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Cross Shareholdings in Japan - A New Unified Perspective of the Economic System (Hardcover)
Expected to ship within 12 - 17 working days
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This book focuses on one of the most important features of the
contemporary Japanese economy; cross shareholding - or mutual
shareholding - between corporations. The book analyses recent
trends and the reasons behind these, and discusses the implications
for the entire Japanese economic system and highlights relevant
public policy. Mitsuaki Okabe proposes that the dissolution of
cross shareholdings has weakened the importance of long-term
transactional relationships as seen in the Keiretsu (the 'main
bank') practice and employment, and that as a result the character
of the economy is now closer to that of the Anglo-American system.
Cross Shareholdings in Japan is a timely book and will be of
special interest to academics and researchers of economics, Asian
studies and finance, as well as policymakers and those involved
either directly or indirectly in the Japanese financial system.
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