This paper examines the effects of structural changes in financial system on corporate finance and governance in Japan, and discusses the future directions. The primary purpose of the study is twofold: to identify important features of changes in financial system in Japan and their effects on...

The primary purpose of the study is to identify significant features of the Japanese vertical relationship and to provide economic retionale. Japanese relationships, particularly automobile industry, are examined in comparison with those in the U.S.

What factors influence a state-owned enterprise in a transition economy to choose between alternative technology acquisition strategies? This study uses two frameworks developed in the context of industrialized economies -transition costs economics and organizational capacities-to propose...

While the economic impact of technological innovation is arguably by the most important motivation behind research into conditions supporting it, most empirical firm-level studies use either knowledge out or adoption decisions rather than economic value-based measures to evaluate innovation...