On the back of strong economic growth following World War II, Japan became a major economic power with a GDP of one-seventh (approximately 14%) of the world's total. In 1989, Japan's population was approximately 2.4% of the world's total, and its per capita income, at 18,475, had exceeded that...

The capital market, in which the price of corporate bonds and stock shares is decided, is a market in which the worth of the corporate-managed assets is evaluated. Through the evaluation of this capital market, the value that these corporate assets are expected to generate is divided among the...