The authors examine various aspects of Japanese financial markets.
This analysis is interspersed with the relevant
institutional/historical background on Japanese financial markets
necessary for the non-specialist. Principal chapters include: an
institutional overview, a chapter on comparative cost of capital
(both internationally and among Japanese firms); causes and
implications of the high degree of financial intermediation in
Japan and an invaluable analysis of the most recent trends in the
Japanese/Asian financial markets.
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