Showing 1 - 10 of 22,643
. Here we examine the relationship between size and scale economies of cooperative banks in Japan (namely Shinkin and credit …
Persistent link: https://www.econbiz.de/10008542381
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
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
This paper revisits the events of the 1980s bubble in Japan in light of the lessons learned from the subprime crisis in … the United States. Our focus is on the role played by sectoral developments in the financial system in Japan. We highlight … manufacturing firms in Japan played the role of surrogate wholesale banks that increased the overall supply of credit to the economy …
Persistent link: https://www.econbiz.de/10005003217
This paper reviews the reasons why Japan has failed to resolve the economic and financial distress that started in 1990 … recovery not yet occurred, and is Japan in a second lost decade in terms of economic and financial development? I discuss how … liberalization in Japan was more a response to specific interest groups than an effort at fundamental redesign; perceived absence of …
Persistent link: https://www.econbiz.de/10005644813
The fund-flow approach to production theory was first proposed by Nicholas Georgescu-Roegen almost half a century ago. Since then, from time to time it has received attention, but, probably because of its analytical complexity and difficulty to deliver sound "operational conclusions", it is now...
Persistent link: https://www.econbiz.de/10008739734
German chemical manufacturing industry is marked by two major structural changes during 1992-2004. Firstly, number of firms was ranging extensively: from 676 to 901, while only 96 firms represented balanced panel. Secondly, size of the firm dropped considerably-by 88%. This paper is intended to...
Persistent link: https://www.econbiz.de/10005069049
In der deutschen Chemieindustrie ging die Zahl der Beschäftigten von 1992 bis 2004 deutlich zurück, und die durchschnittliche Unternehmensgröße sank von 824 auf 433 Beschäftigte. Die Triebfeder dieser Entwicklung war weniger die Beseitigung technischer oder organisatorischer Ineffizienzen....
Persistent link: https://www.econbiz.de/10005070925
are almost no papers on this subject for cooperative banks in Japan. Thus, the main contribution of this study is to shed …
Persistent link: https://www.econbiz.de/10008542358
What type of businesses do unions target for organizing? A dynamic model of the union organizing process is constructed to answer this question. A union monitors establishments in an industry to learn about their productivity, and decides which ones to organize and when. An establishment becomes...
Persistent link: https://www.econbiz.de/10010862242