Japanese Corporate Finance and International Competition: Japanese Capitalism versus American Capitalism

Masasuke Ide

Palgrave Macmillan UK, Mar 15, 1998 - Business & Economics - 194 pages

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.

About the author

Masasuke Ide is Executive Fellow at the Nomura Research Institute at Noruma School of Advanced Management in Tokyo

Bibliographic information

• Title: Japanese Corporate Finance and International Competition: Japanese Capitalism versus American Capitalism; Studies in the Modern Japanese Economy
• Author: Masasuke Ide
• Edition: illustrated
• Publisher: Palgrave Macmillan UK, 1998
• ISBN: 1349262404, 9781349262403
• Length: 194 pages
• Subjects: Business & Economics / Corporate Finance / General; Business & Economics / Economics / General; Business & Economics / Economics / Macroeconomics; Business & Economics / International / Economics & Trade; Business & Economics / International / General