Managerial Analysis of Japanese Banks -Their Management Failure after Bubble Burst and Conditions of Rebirth-

本研究是对日本银行在泡沫时期和泡沫破裂后的管理问题进行的实证研究。重点是为什么日本的银行未能有效地管理其战略和组织，并失去了国际竞争力。研究是在采访日本大型银行前管理层并查阅银行内部文件的基础上进行的。运用激励理论和信息经济学对这些数据和发现进行了分析。本研究是第一次从管理角度分析日本银行管理失败的研究，不仅有助于日本银行管理的重生，也有助于亚洲其他国家银行管理的复兴。

This research is the empirical research on the managerial issues of Japanese banks during bubble and after its burst. Focus is on why Japanese banks failed to manage their strategy and organization effectively and lost their international competitiveness. Research was made on the basis of interview with former management of large Japanese banks and looking into the banks internal documents. Theory of incentive and information economics were applied to analyze these data and findings. This research was the first kind of research on Japanese banks management failure analyzed from managerial aspects and would contribute to the rebirth of bank management not only in Japan but also other Asian countries.