This paper analyses accounting accruals that may relate to earnings quality and its information content. The characteristics specifying earning quality are discussed according to research surveys of earnings quality. These are compared with the characteristics of accounting income specified by...

Peter Davies in his paper outlines the major trends in the development of Japan's commercial shipping prior to World War I. The paper focusses in particular on the role played by the Japanese government, arguing that the promotion of the industry was undertaken primarily not for commercial, but...

The paper by Masato Kimura seeks to clarify the contributions and limitations of Japanese business diplomacy by looking at the business mission to Britain and the US in 1921-22, and the Japanese Economic Mission to Europe and the United States of 1937. The paper argues that Japanese business...

The paper by Richard J Smethurst discusses the influences that led to the economic policies pursued in the interwar period by Takahashi Korekiyo, who engineered Japan's recovery from the depression in the early 1930s, and is often thought of as the 'Keynes' of Japan. The paper traces the...

Professor Tetsuro Nakaoka, formerly of Osaka University, and now of the Faculty of Management, Osaka University of Economics, gave a seminar on Japanese industrial development at the Suntory-Toyota Centre during 1992. Although it was not possible to publish that paper as a STICERD discussion...

The four papers and comments in this volume deal with different aspects of the relationship between state and people in twentieth century Japan. Ben-Ami Shillony's paper is concerned with religious aspects of this relationship, in particular concerning the role of the emperor, while Barbara...