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Japanese Corporate Finance and International Competition Masasuke Ide

Japanese Corporate Finance and International Competition By Masasuke Ide

Japanese Corporate Finance and International Competition by Masasuke Ide


£102.09
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Summary

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.

Japanese Corporate Finance and International Competition Summary

Japanese Corporate Finance and International Competition: Japanese Capitalism versus American Capitalism by Masasuke Ide

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 Masasuke Ide

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

Table of Contents

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

Additional information

NPB9780333695975
9780333695975
0333695976
Japanese Corporate Finance and International Competition: Japanese Capitalism versus American Capitalism by Masasuke Ide
New
Hardback
Palgrave Macmillan
1998-01-28
194
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
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