Research on Japanese corporate finance typically starts from the premise that banks decisively affect corporate behavior. Crucial to this premise in the Japanese context are two claims: that the strength of a firm's relationship with a specific bank (and the funds that the bank makes available...

The Ministry of Finance's "Corporate Enterprise Quarterly Statistics" (Hojin kigyo tokei kiho) is the only statistical source of well-balanced information about the financing behavior of Japanese firms. Indeed, there are few comparable sources available anywhere in the world. Using this...

The public's interest in medium and small firms in Japan has recently been raised, owing to the industrial success of the Japanese economy, which parallels the "spreading awareness that there is a vast group of medium and small firms in Japan that support the rapid industrial development in...

This is the last of the 4 discussion papers that, together with the Introduction and Summary paper (Miwa, 2010c), comprise the report of my recent investigation: "A Study of Financing Behavior of Japanese Firms with Firm-Level Data from Corporate Enterprise Quarterly Statistics - 1994~2009". In...

From early spring to late summer in 2010 I investigated the financing behavior of Japanese firms with over \20 million in paid-in capital, using firm-level financial data from Hojin Kigyo Tokei Kiho (Corporate Enterprise Quarterly Statistics) of the Ministry of Finance. "A Study of Financing...

This is the second of the 4 discussion papers that, together with the Introduction and Summary paper (Miwa, 2010c), comprise the report of my recent investigation: "A Study of Financing Behavior of Japanese Firms with Firm-Level Data from the Corporate Enterprise Quarterly Statistics -...

The Reality of Trade Credit and its Link to Bank Borrowing and Inventory: (1) Overall Discussion and Preliminary Investigation". This is the third of the 4 discussion papers that, together with the Introduction and Summary paper (Miwa, 2010c), comprise the report of my recent investigation: "A...

This is the first of the 4 discussion papers that, together with the Introduction and Summary paper (Miwa, 2010c), comprise the report of my recent investigation: "A Study of Financing Behavior of Japanese Firms with Firm-Level Data from the Corporate Enterprise Quarterly Statistics -...

From early spring to late summer in 2010 I investigated the financing behavior of Japanese firms with over \10 million in paid-in capital, using firm-level financial data from Hojin Kigyo Tokei Kiho (Corporate Enterprise Quarterly Statistics) of the Ministry of Finance. "A Study of Financing...

From early spring to late summer in 2010 I investigated the financing behavior of Japanese firms with over \10 million in paid-in capital, using firm-level financial data from Hojin Kigyo Tokei Kiho (Corporate Enterprise Quarterly Statistics) of the Ministry of Finance. "A Study of Financing...