Kan, Kazushi; Ohno, Taro - In: Public Policy Review 8 (2012) 5, pp. 737-774
In this paper, I have reviewed the past 20 years (from FY1989 to FY2008) of performance of the major banks in Japan and the impact of mergers of the banks from the viewpoint of EVA (Economic Value Added), one of the management indices. As a result of my analysis, I first found that the EVA of...