Narrow search
Showing 1 - 10 of 13,463
Cover Image
L’impact de la gouvernance sur le niveau des disponibilités des entreprises : le cas du Japon
Nguyen, Pascal; Nivoix, Sophie - In: Revue Finance Contrôle Stratégie 14 (2011) 4, pp. 66-90
(VF) Dans cette étude portant sur un vaste échantillon de sociétés japonaises, nous montrons que, comme aux États-Unis, une bonne gouvernance se traduit par un niveau de disponibilités plus élevé. Toutefois, cette relation ne s’explique pas par le fait que les sociétés japonaises à...
Persistent link: https://www.econbiz.de/10010585943
Cover Image
Economic Backwardness in Security Perspective
Carney, Richard - Volkswirtschaftliche Fakultät, … - 2004
focused comparison of Japan and Germany before WWII since they had similar political and legal institutions and were both … ‘backward’, but differed with regard to the security threats they faced. Germany confronted more menacing threats from … lending to sectors vital to the nation’s security via banks. Japan, by contrast, did not face the same level of threats to its …
Persistent link: https://www.econbiz.de/10005786993
Cover Image
Conflicts of interest between banks and firms: Evidence from Japanese mergers
Higgins, Huong N. - In: Pacific-Basin Finance Journal 24 (2013) C, pp. 156-178
This paper assesses conflicts of interest between banks and their client firms via the merger transaction by examining the wealth gain of merger acquirers who were listed on the Tokyo Stock Exchange in 1990–2004. The paper reports two main findings. First, acquiring firms did not gain from...
Persistent link: https://www.econbiz.de/10010729579
Cover Image
Managerial Compensation, Corporate Governance, and Business Performance in Japan: Evidence Using New Micro Data
Sakawa, Hideaki; Watanabel, Naoki - Institute of Economic Research, Hitotsubashi University - 2009
mechanisms, such as keiretsu memberships and bank-appointed directors, and pay-performance sensitivity in Japan. Previous studies …-appointed monitors did not function well in Japan in the 1990s. …
Persistent link: https://www.econbiz.de/10005784002
Cover Image
Bank-Firm Relationships and Security Analyst Activities: Evidence from Japan
Koga, Kentaro; Uchino, Satomi - In: The Japanese Accounting Review 2 (2012) December, pp. 49-73
Banks play a critical role in corporate governance in many economies around the world. This paper empirically compares …
Persistent link: https://www.econbiz.de/10010618332
Cover Image
Capitalist welfare systems : a comparison of Japan, Britain and Sweden
Gould, Arthur - 1993
Persistent link: https://www.econbiz.de/10004164395
Cover Image
Interbank Networks in Prewar Japan: Structure and Implications Interbank Networks in Prewar Japan: Structure and Implications
Okazaki, Tetsuji; Sawada, Michiru - Institute of Economic Research, Hitotsubashi University - 2011
In this paper, we explore the structure and implications of interbank networks in prewar Japan, focusing on director …
Persistent link: https://www.econbiz.de/10010539817
Cover Image
Inbound M&A to Japan: Cherry Picking Versus Rescue Mission?
Bebenroth, Ralf - In: Kobe Economic & Business Review 54 (2010) March, pp. 1-16
This paper investigates differences in targets overtaken by cross-border bidders versus domestic ones. The literature from the selection theory argues that there is "cherry picking." Put simply, cross-border bidders overtake the comparably better performing targets. In contrast, domestic bidders...
Persistent link: https://www.econbiz.de/10010542232
Cover Image
The market for corporate subsidiaries in Japan: An empirical study of trades among listed firms
Ushijima, Tatsuo; Schaede, Ulrike - In: Journal of the Japanese and International Economies 31 (2014) C, pp. 36-52
conclude that subsidiary trades in Japan in this period contributed importantly to strategic repositioning and a more efficient …
Persistent link: https://www.econbiz.de/10010869523
Cover Image
Cross-border mergers with flexible policy regime: The role of efficiency and market size
Fikru, Mahelet G.; Lahiri, Sajal - In: Journal of the Japanese and International Economies 34 (2014) C, pp. 58-70
This study provides a theoretical and empirical framework for understanding the determinants of cross-border mergers. Past literature has focused on the effect of trade liberalization as the key factor triggering international mergers. We introduce the idea of flexible policy regime in which...
Persistent link: https://www.econbiz.de/10011077361