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Corporate monitoring and the Japanese main bank system

Gower, Luke George


This dissertation asks whether Japanese main bank monitoring relationships were disturbed by the deregulation of the corporate finance market that took place in Japan during the 1980s. It is motivated by the observation that successful bank monitoring of the corporate sector depends, in part, upon the returns to banking. In Japan, these returns declined substantially during the 1980s, and so it becomes appropriate to ask whether bank based systems of corporate monitoring have become less...[Show more]

CollectionsOpen Access Theses
Date published: 1995-09
Type: Thesis (PhD)


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