The Japanese Main Bank System
The Japanese Main Bank System
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日本主要银行系统
DOI：
10.1093/0198288999.001.0001
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发表时间：
1995
影响因子：
8
通讯作者：
H. Patrick
中科院分区：
文献类型：
--
作者：
M. Aoki;H. Patrick
BL给出了一个明确的描述和分析的主要银行系统BL强有力的贡献者BL研究对象BL阐述了世界银行的一个主要研究项目的结果BL平衡机构描述与金融理论和实证分析这卷着眼于系统的企业融资，集中在日本的主要银行系统。接下来的章节描述了不同的制度，评估了日本制度在何种程度上可以作为发展市场经济和转变社会主义经济的模式。主要银行系统的基本特征在这里被检查，它的根，发展，和它的作用在它的快速增长的全盛时期。该卷着眼于该系统的运作情况及其优缺点。接着，在过去的20年里，随着日本金融市场的自由化、开放化和国际化，新的证券发行市场的出现，该制度发生了怎样的变化，其应有的作用是什么。本书的一个基本结论是，在大多数情况下，以银行为基础的系统最适合工业融资，直到一个国家的经济和金融发展到相当晚的阶段。它的目的是确定在何种条件下，银行能够更好地使证券市场机构评估借款人的信誉和新项目的可行性，监测公司的持续业绩，并拯救或清算陷入困境的公司。参与者：Masahiko Aoki，Theodor Baums，VV Bhatt，John坎贝尔，Yasushi Hamao，Toshihiro Horiuchi，Takeo Hoshi，Anil Kashyap，Dong-Wong Kim，加里洛夫曼，Sang-Woo Nam，Frank Packer，Hugh帕特里克，Yingyi Qian，Mark Ramseyer，Clark Reynolds，Satoshi Sunamura，Paul Sheard，Juro Teranishi，Kazuo上田，
BL Gives a definitive description and analysis of the main bank system BL Strong contributors BL Understudied subject BL Incorporates results of a major World Bank research programme BL Balances institutional description with financial theory and empirical analysis This volume looks at systems of corporate finance, concentrating on the Japanese main bank system. The remaining chapters describe different systems, assessing to what extent the Japanese system can serve as a model for developing market economies and transforming socialist economies. The basic characteristics of the main bank system are examined here, its roots, development, and its role in the heyday of its rapid growth. The volume looks at how the system has performed and at its strengths and weaknesses. It goes on to look at how the system has changed and what its approprate role is as deregulation, liberalization, and internationalization of Japan's financial markets have proceeded over the past two decades and a new issue securities market has emerged. A basic conclusion of the book is that banking-based systems are in most cases the most appropriate for industrial financing until a rather late stage of a country's economic and financial development. It aims to identify the conditions under which banks are better able that securites market institutions to evaluate the credit worthiness of borrowers and the viability of new projects, to monitor the ongoing performance of firms, and to rescue or liquidate firms in distress. Contributors: Masahiko Aoki, Theodor Baums, VV Bhatt, John Campbell, Yasushi Hamao, Toshihiro Horiuchi, Takeo Hoshi, Anil Kashyap, Dong-Wong Kim, Gary Loveman, Sang-Woo Nam, Frank Packer, Hugh Patrick, Yingyi Qian, Mark Ramseyer, Clark Reynolds, Satoshi Sunamura, Paul Sheard, Juro Teranishi, Kazuo Ueda,