The Divergence of Japanese and U.S. Corporate Financial Structure
A comparison of the balance sheet structure of the largest U.S. and Japanese firms for 1979 shows that Japanese firms significantly differ from U.S. firms in their greater reliance on bank-funded short-term debt, low levels and composition of net working capital, parsimonious use of stockholder's equity, and greater commitment to long-term investments in other corporations.© 1984 JIBS. Journal of International Business Studies (1984) 15, 75–89
Year of publication: |
1984
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Authors: | Sarathy, Ravi ; Chatterjee, Sangit |
Published in: |
Journal of International Business Studies. - Palgrave Macmillan, ISSN 0047-2506. - Vol. 15.1984, 3, p. 75-89
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Publisher: |
Palgrave Macmillan |
Saved in:
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