Japanese Corporate Finance and International Competition

Name: Japanese Corporate Finance and International Competition
Author: Masasuke Ide

Japanese Capitalism versus American Capitalism

Specificaties

Paperback, blz. | Engels

Palgrave Macmillan UK | e druk, 1998

ISBN13: 9781349262403

Rubricering

Juridisch :

Palgrave Macmillan UK e druk, 1998 9781349262403

Onderdeel van serie Studies in the Modern Japanese Economy

€ 127,74

In winkelwagen

Levertijd ongeveer 9 werkdagen

Gratis verzonden

Samenvatting

In this book, the author describes that the relationship based shareholding was the hidden key factor to explain Japan's miraculous economic success after WWII. The stock market which valued the low profitability Japanese companies highly enabled them to provide 'better and cheaper' manufactured goods in the export markets, leading resource poor Japan to a leading exporter and economic and financial superpower. The book also casts critical eyes to the weakness of the traditional Japanese financial system as a catch-up model, in comparison with the open US system.

Specificaties

ISBN13:9781349262403

Taal:Engels

Bindwijze:paperback

Uitgever:Palgrave Macmillan UK

Hoofdrubriek:Economie

Serie:Studies in the Modern Japanese Economy

Inhoudsopgave

PART 1: THE CENTRAL MARKETPLACE OF CAPITALISM - Economic Systems and Resource Allocation - Economic Value Creation by the Investor-owned Companies - The Role of the Capital Market - Stock Market as the Final Judge of the Value Creation Process - PART 2: THE JAPANESE CAPITALISM - Japanese Economic and Financial System - The Unique Features of Japanese Stocks and Share Ownership Structure - The Stock Valuation in Japan (1): Phase One - The Stock Valuation in Japan (2): Phase Two - Factors Underpinning the Call-optionization of the Stock Market - PART 3: CORPORATE PROFITABILITY AND THE COST OF CAPITAL - Corporate Profitability and International Competition - International Comparison of Cost of Capital - PART 4: CRITICAL REASSESSMENT OF THE JAPANESE CAPITALISM AS A CATCH-UP MODEL - Japan's National Value Creation System - Merits and Demerits of the Japanese Capitalism - The Future: New Challenges and Changes - Index