| アイテムタイプ |
デフォルトアイテムタイプ(フル)その2(1) |
| 公開日 |
2017-05-20 |
| タイトル |
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|
タイトル |
Have Banks Contributed to Efficient Management in Japan's Manufacturing? |
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言語 |
en |
| 作成者 |
花崎, 正晴
| en |
Hanazaki, Masaharu
Development Bank of Japan
|
| ja |
花崎, 正晴
|
| ja-Kana |
ハナザキ, マサハル
|
Search repository
堀内, 昭義
| en |
Horiuchi, Akiyoshi
University of Tokyo
|
| ja |
堀内, 昭義
|
| ja-Kana |
ホリウチ, アキヨシ
|
Search repository
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| 寄与者 |
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寄与者タイプ |
Editor |
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|
姓名 |
Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University |
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言語 |
en |
| アクセス権 |
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アクセス権 |
open access |
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アクセス権URI |
http://purl.org/coar/access_right/c_abf2 |
| 内容記述 |
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内容記述タイプ |
Other |
|
内容記述 |
May 2000 |
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言語 |
en |
| 内容記述 |
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内容記述タイプ |
Abstract |
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内容記述 |
This paper statistically reexamines the conventional view that the main bank relationship has been an important element of corporate governance in Japan. According to the view, in postwar Japan, the main bank relationship has contributed to efficient management of borrower firms in place of the capital market that disciplines corporate management in the Anglo-American economy. Our analysis finds that neither the main bank relationship nor other capital market factors, which the standard governance theory regards as important determinants of managerial efficiency, consistently influenced efficiency of manufacturing firms' management defined by the total factor productivity (TFP). Instead, market competition, particularly competitive pressures from abroad, is found to have consistently enhanced management efficiency. Thus, the conventional view exaggerates importance of the main bank relationship in the Japanese corporate governance framework. |
| 出版者 |
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|
出版者 |
Institute of Economic Research, Hitotsubashi University |
| 日付 |
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|
日付 |
2003-11 |
|
日付タイプ |
Issued |
| 言語 |
|
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言語 |
eng |
| 資源タイプ |
|
|
資源タイプ識別子 |
http://purl.org/coar/resource_type/c_18gh |
|
資源タイプ |
technical report |
| 出版タイプ |
|
|
出版タイプ |
VoR |
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出版タイプResource |
http://purl.org/coar/version/c_970fb48d4fbd8a85 |
| 関連情報 |
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関連タイプ |
isPartOf |
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関連名称 |
CEI Working Paper Series ; No. 2003-22 |
| 関連情報 |
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識別子タイプ |
URI |
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関連識別子 |
http://cei.ier.hit-u.ac.jp/index.html |
| 収録物識別子 |
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収録物識別子タイプ |
NCID |
|
収録物識別子 |
AA11590659 |
| ページ数 |
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|
ページ数 |
27 |