the diversity and change of corporate governance in japan

... Crisis in Japan 17 The Rise of Abacus Banking in Japan 19 The Fall of Abacus Banking in Japan 53 The Banking Crisis 73 II The Rise and Fall of Abacus Banking and the Looming Banking Crisis in China ... the repayment of loans a certain bet was Japan s industrial policy and tight regulation as practiced by the Ministry of International Trade and Industry (MITI) and the Ministry of Finance (MOF), ... The Rise and Fall of Abacus Banking in Japan and China The Rise and Fall of Abacus Banking in Japan and China Yuko Arayama and Panos Mourdoukoutas QUORUM BOOKS...

Ngày tải lên: 06/08/2014, 20:22

... the corporate governance of the banking institutions of the two countries, freeing bank managers from the control of regulators, and educating them about the principles and the mentality of risk ... risks and rewards of their investments Arguing these contentions in more detail, the remainder of this book contains two parts Part I discusses the rise and fall of abacus banking in Japan in the ... Non-performing Loans for Selected Japanese Banks in 1998 The Rise and Fall of Abacus Banking in Japan and China public projects without avail,4 and the 1996 launching of a Japanese version of the U.S...

Ngày tải lên: 06/08/2014, 20:22

... factor making for overlending of the economy.47 The melding of governance of corporate and lending institutions is permitted by the absence of sound corporate governance laws, and the lack of disclosure ... role in accommodating economies of scale and 22 The Rise and Fall of Abacus Banking in Japan and China sparking growth in the 1950s and 1960s According to Denison and Chung’s classic study on the ... laws in essence turns the MOF into the de facto guarantor of the soundness of the banking industry The Rise of Abacus Banking in Japan 37 Among the industrialized countries, disclosure of a...

Ngày tải lên: 06/08/2014, 20:22

... exports and textile industries, earning the proceeds 54 The Rise and Fall of Abacus Banking in Japan and China for the imports of much-needed capital goods In addition, her victory in the Sino-Japanese ... addressed in the next chapter 48 The Rise and Fall of Abacus Banking in Japan and China Second, a substantial part of Japan s banking liquid assets was invested in dollars, allowing the United ... for decades, Japan had one of the highest savings rates in the industrial world, which in the absence of accessible financial markets ends up in the hands of bankers and in loans to Japanese corporations...

Ngày tải lên: 06/08/2014, 20:22

... Specifically, the continued liberalization of demand and time deposits further intensified the 70 The Rise and Fall of Abacus Banking in Japan and China Exhibit 3.8 The Disbanding of Gosou-sendan ... century and the panic of 1793; the speculation in the railways, wheat, and equities in the nineteenth century and the panics of 1847 and 1890, which led to the near collapse of the Baring Bank.4 • The ... Canals and the Paris bank speculation and the panic of 1827; the regional bank crisis and panic of 1837; the speculation in the stock of new banks and the panic of 1882; the overlending to the industrial...

Ngày tải lên: 06/08/2014, 20:22

... among banks instead of a single main bank.11 The replacement of the institution of the main bank with the institution of the core banks has two important implications for the banking industry First, ... assets In this sense, the Japanese banking crisis was the result of the failure of the Japanese system as a whole rather than the failure of individual banks, as was the case with the savings and ... percent of foreign investment in the island.20 As confirmation of this herd mentality and concentration, Japanese banks commanded the same investment grading ‘ The propensity of the Japanese to act in...

Ngày tải lên: 06/08/2014, 20:22

... accounting subsidiary of the Ministry of Finance There were no specialized roles for the central bank and 106 The Rise and Fall of Abacus Banking in Japan and China commercial banks in the system The ... ownership the larger this ratio, the lower the interest rate ‘ The outstanding feature of the structure was The Rise of Abacus Banking in China 107 that the interest rate moved inversely with the degree ... coincides with the resumption of globalization (i.e., the increasing integration and interdependence of world markets) Joining Japan and the Asian newly industrializing economies (NIEs), the country...

Ngày tải lên: 06/08/2014, 20:22

... even reverse the early gains that these 128 The Rise and Fall of Abacus Banking in Japan and China countries have made in developing their economies Globalization has further turned into a major ... look at the Chinese economy since the mid-1990s, especially since the aftermath of the Asian crisis, and explains how external and internal pressures have been changing the rules of the game ... billion in profits, China’s four state banks— Bank of China, Industrial and Commercial Bank of China, China Construction Bank, and Agricultural Bank of China—occupied the first four out of the top...

Ngày tải lên: 06/08/2014, 20:22

... reflected in the amount of non-performing assets accumulated in the books of Chinese banks alone; they are in the books of SOEs and their subsidiaries, which are often created for the purpose of hiding ... was coming to a standstill and her industries and corporations began to taste the other side of globalization—increasing competition, price swings, and the increasing risk and uncertainty associated ... The Rise and Fall of Abacus Banking in Japan and China mand, which in an attempt to keep the cost of living low was rationed at below market price, perhaps explaining the frequent shortages of...

Ngày tải lên: 06/08/2014, 20:22

... Net Loans in the United States (1980–1995) (percent of total assets) 156 The Rise and Fall of Abacus Banking in Japan and China and terms they offer for lending and have provided a range of services ... rise and fall of abacus banking in China The bank rose along with the economic growth of the Hainan province and also fell along with it GITIC is another case in point When the economy grew, the ... experience, especially the 1978 economic reforms, Part II of this book addressed the rise and fall of abacus banking in China and the looming banking crisis in the of ng Focusing on the ‘‘extended high-growth’’...

Ngày tải lên: 06/08/2014, 20:22

... THE DETERMINANTS OF AUDITOR SWITCHING FROM THE PERSPECTIVE OF CORPORATE GOVERNANCE IN CHINA costs of raising capital and hiring a low-quality auditor to maintain the gains from the opaqueness ... REVIEW The Development of Auditing Profession in China Shortly after the founding of the People’s Republic of China in 1949, the auditing profession in China disappeared entirely due to the public ... develop smoothly in China In line with the continuing progress of the economic reforms and business restructuring, the Chinese accounting and auditing practices have moved towards internationalization...

Ngày tải lên: 06/01/2015, 19:43

... the utility of the auditing function as well as the consequences of auditor switching in the Chinese context To study the determinants of auditor switching from the perspective of corporate governance ... respect to the relationship between corporate governance and audit quality should assist the understanding of the necessity and utility of independent audits in China The Independent auditing function ... act in the best interest of the owners One of the binding mechanisms is the auditing function performed by independent professionals over the operations and information disclosures provided by the...

Ngày tải lên: 06/01/2015, 19:43

... Chamber of Commerce and Industry, Ministry of Labor-Invalids and Social Affairs, Vietnam Ministry of Industry and Trade since 2005, together with Vietnam Leather & Footwear Association, and The Vietnam ... statements Therefore, the recruitment of staff and their training is indispensable in every business Following the above argument, the hypothesis is formulated: H2: Employee’s awareness of CSR and CSR ... action + Rejecting or minimizing the subjectivity of the judgments and accepts the vertical measure of the results of the study subjects The weaknesses of the quantitative method include: + Cannot...

Ngày tải lên: 13/03/2014, 14:20

... of Eurasian common shrews and other soricine shrew species more recently trapped in these same sites in Finland would be extremely valuable, in providing insights into the evolutionary rate of ... from Finland and Hungary, respectively (Table 1) Prevalence of SWSV infection was as high as 77.8% (7 of 9) in Oulun Lääni, Finland, and as low as 6.3% (3 of 48) in Zala, Hungary Analysis of the ... 0.2% and 0-2.6% in Zala Moreover, there was strong conservation of the encoded proteins with ≤ 3.1% variation at the amino acid level among SWSV strains from Finland, Hungary and Switzerland An...

Ngày tải lên: 12/08/2014, 04:21

... major changes that propel the rise of corporate philanthropy – the growing complexity and increasing intertwining between economics and social issues as business globalizes, and the types of social ... drive their giving are essential in helping the researcher to analyze corporate giving Such an understanding provides better insights into the dynamics of corporate charitable giving and the trend ... essential in providing a backdrop on the research of CEOs’ motivation in giving Research Study on the Trends 43 Chapter 2: The Growth of Corporate Giving in Singapore Introduction The growth of corporate...

Ngày tải lên: 16/09/2015, 08:31

... techniques The report then describes the recent status of each of the issues RESEARCH AND DEVELOPMENT IN INCREASING OZONE CONCENTRATION Ozone generation Method and scale of use Table summarizes the ... Okada, M and Moniwa, T (1993) Kinetic Analysis On The Effects Of Dissolved Inorganic And Organic Substances In Raw Water On The Ozonation Of Geosmin And 2-MIB OZONE SCIENCE & ENGINEERING 15, 1-18 ... shown in Fig 3, is about 5-µm in diameter To cannot treate the cryptosporidium parvum by chlorine disinfection, the turbidity at the exit of the sand filtration basin is set to a turbidity of 0.1...

Ngày tải lên: 05/09/2013, 08:40

... contribution of other factors involved in speaking 1.3 Cultural factors in the teaching and learning of speaking skills in classrooms 1.3.1 What cultural factors influence on the teaching and the learning ... part of learned behavior shared with others The concept include a group’s way of thinking, feeling, and acting, and fixed patterns for doing certain things According to Thompson (1990:132), the ... effectively However, in the thesis, the researcher wants to find out the attitudes, as well as the cultural awareness in teaching and learning spoken English of the teachers and the students of 10 th grade...

Ngày tải lên: 07/09/2013, 13:00

... from other Neisseria species and closely related bacteria The development of a pool of resistance genes and the ability of the gonococci to maintain these determinants of resistance within their ... prevention and care (9), which outlines the policies and principles for the prevention and care of STIs, to offer guidance to ministry of health officials who have the responsibility of developing and ... engaging with international and national media to highlight the issue of STIs in general and AMR in particular Some of the actions to be pursued include the following: • building the capacity of...

Ngày tải lên: 18/02/2014, 15:20

... between stem frequency in Covo during year t and frequency change in MZEE between t and year u = t + i Initial frequency and dissemination in MZEE In studying the fate of all words in two English Usenet ... Correlations between initial frequency and dissemination over users and threads and a change in frequency for the 851 most common anglicisms in MZEE Finally, from the comparison of timespans in Table 3, ... detection of English inclusions in mixed-lingual data with an application to parsing Ph.D thesis, Institute for Communicating and Collaborative Systems, School of Informatics, University of Edinburgh...

Ngày tải lên: 19/02/2014, 19:20

... Notwithstanding these and other changes in law and regulation affecting corporate directors, in the years since SOX there has been a series of further scandals and settlements involving Wall ... 5, 2009 Introduction: “Where Was the Ethics Officer”? With the wreckage of the first generation of Enron-type corporate scandals in the rear view mirror, and the chaos of Madoff and the subprime ... occurred in recent years, including the stock options back-dating scandals and the mutual fund market-timing scandals of the mid-2000s Of course, the most recent set of corporate scandals has...

Ngày tải lên: 06/03/2014, 22:20