ABSTRACT
This book deliberates on some urgent issues that face the new architecture of the financial systems in Japan and East Asia. The book is broken into three sections:
*The role of financial institutions and markets in economic development in Japan and East Asia
*Issues in corporate governance and new technologies
*The designing of efficient financial systems
With contributions from leading Asian economics experts based around the world, this book will be useful to both scholars and professionals with an interest in financial systems, corporate financing and governance.
TABLE OF CONTENTS
chapter |16 pages
Introduction: globalization, financial technology and growth phase – some thoughts on redesigning financial systems in East
part |2 pages
Part I Financial institutions and financial markets in Japan and
chapter 2|37 pages
The role of long-term funds for economic development
chapter 4|8 pages
Japanese securities firms, business corporations and financial institutions: A comparison of their investing behavior KENNETH A . KIM AND JOHN R . NOFSINGER
chapter 5|32 pages
Financial deregulations, weakness of market discipline and market development
part |2 pages
Part II Issues in governance of corporate sector and new technology
chapter 9|22 pages
Large shareholders and banks: Who monitors and how? YISHAY YAFEH AND OVED YOSHA
chapter 11|22 pages
The determinants of executive compensation in Japan and the UK
part |2 pages
Part III Toward a new design of financial system