Zobrazeno 1 - 5
of 5
pro vyhledávání: '"Fumiaki Kuroki"'
Publikováno v:
Asia-Pacific Financial Markets. 10:281-300
We examine how foreign and domestic portfolio investors, both classified into money managers, invest in Japanese firms over the sample period of 1985–1998. We propose the agency-familiarity hypothesis to explain investment behavior of these institu
Publikováno v:
Pacific-Basin Finance Journal. 11:239-265
In this paper, we examine how alternative corporate governance mechanisms work in Japan, using the panel data on the equity ownership and bank loans of manufacturing companies listed on the Tokyo Stock Exchange (TSE) first section over the 1985–199
Autor:
Fumiaki Kuroki, Hideaki Miyajima
Considering that the ownership structure of Japanese corporations has changed dramatically in the 1990s, this paper address a series of questions related to these changes: Why is cross-shareholding, which has been in place for almost three decades, n
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::be201c5ee1f9a8b00feea3129d78c43b
https://doi.org/10.1093/acprof:oso/9780199284511.003.0003
https://doi.org/10.1093/acprof:oso/9780199284511.003.0003
Publikováno v:
SSRN Electronic Journal.
We examine how foreign and domestic portfolio investors similarly or dissimilarly invest in Japanese firms for the period of 1985-1998. We propose the agency as well as relational explanations of foreign and domestic institutional investor biases. Th
Publikováno v:
SSRN Electronic Journal.
In this study, we investigate whether multiple main bank relationships reduce the so-called "hold-up costs" of bank financing (Rajan (1992)) by examining the panel data of Japanese companies listed on the Tokyo Stock Exchange, first and second sectio