| 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 |
|
|
タイトル |
Silent Large Shareholders and Entrenched Bank Management: Evidence from the Banking Crisis in Japan |
|
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
相馬, 利行
| en |
Souma, Toshiyuki
Kyoto Gakuen University
|
| ja |
相馬, 利行
|
| ja-Kana |
ソウマ, トシユキ
|
Search repository
ウィワッタナカンタン, ユパナ
|
| 寄与者 |
|
|
寄与者タイプ |
Editor |
|
|
姓名 |
Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University |
|
|
言語 |
en |
| アクセス権 |
|
|
アクセス権 |
open access |
|
アクセス権URI |
http://purl.org/coar/access_right/c_abf2 |
| 主題 |
|
|
主題Scheme |
Other |
|
主題 |
Corporate Governance |
| 主題 |
|
|
主題Scheme |
Other |
|
主題 |
Ownership Structure |
| 主題 |
|
|
主題Scheme |
Other |
|
主題 |
Managerial Entrenchment |
| 主題 |
|
|
主題Scheme |
Other |
|
主題 |
Shareholders Activism |
| 内容記述 |
|
|
内容記述タイプ |
Abstract |
|
内容記述 |
We investigate the cause of this banking crisis that has jeopardized the stability of the financial and economic system since the 1990s. Following Hanazaki and Horiuchi (2001), we argue that the deficiency of effective corporate governance of banks in Japan has caused inefficient management. Our focus here is the role of largest shareholders who happen to be banks and insurers. We argue that these large shareholders appear to collude or conspire with management instead of being tough monitors. Consequently, the management became entrenched. Our empirical results show that during the 1980s these “entrenched banks” extended more lending. Even after the collapse of the bubble in the 1990s, they did not dramatically undertake restructuring to cope with the accumulated bad loans. |
|
言語 |
en |
| 出版者 |
|
|
出版者 |
Institute of Economic Research, Hitotsubashi University |
| 日付 |
|
|
日付 |
2004-01 |
|
日付タイプ |
Issued |
| 言語 |
|
|
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 |
|
出版タイプResource |
http://purl.org/coar/version/c_970fb48d4fbd8a85 |
| 関連情報 |
|
|
関連タイプ |
isPartOf |
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|
関連名称 |
CEI Working Paper Series ; No. 2004-1 |
| 関連情報 |
|
|
|
識別子タイプ |
URI |
|
|
関連識別子 |
http://cei.ier.hit-u.ac.jp/index.html |
| 収録物識別子 |
|
|
収録物識別子タイプ |
NCID |
|
収録物識別子 |
AA11590659 |
| ページ数 |
|
|
ページ数 |
36 |
| JEL |
|
|
値 |
G21 |
| JEL |
|
|
値 |
G33 |
| JEL |
|
|
値 |
G38 |
wp2004-1a.pdf (523484 bytes)
