Skip navigation
Skip navigation

Capital injection, restructuring targets and personnel management: The case of Japanese regional banks

Onji, Kazuki; Vera, David; Corbett, Jennifer

Description

A case study of the Japanese bank recapitalization by Hoshi and Kashyap (2005) identified a bank that overstated the progress of required personnel downsizing by shifting employees to subsidiaries. This paper asks if the recapitalization program had a design flaw. We focus on regional banks with a unique panel dataset of 81 banking groups that allows us to observe the employment levels of subsidiaries, in addition to those of parent banks, over fiscal 1994-2006. We estimate a labor-demand...[Show more]

CollectionsANU Research Publications
Date published: 2012
Type: Journal article
URI: http://hdl.handle.net/1885/67187
Source: Journal of the Japanese and International Economies
DOI: 10.1016/j.jjie.2012.08.002

Download

File Description SizeFormat Image
01_Onji_Capital_injection,_2012.pdf358.17 kBAdobe PDF    Request a copy


Items in Open Research are protected by copyright, with all rights reserved, unless otherwise indicated.

Updated:  12 November 2018/ Responsible Officer:  University Librarian/ Page Contact:  Library Systems & Web Coordinator