Abstracts - faqs.org

Abstracts

Mathematics

Search abstracts:
Abstracts » Mathematics

Shareholding in the keiretsu, Japan's financial groups

Article Abstract:

Banks hold a large proportion of shares in the keiretsu financial groups in Japan, purportedly decreasing financial intermediation costs and resolving problems with agencies. More stock is held by the largest keiretsu debtholders when the member firms have high growth potential, weak collateral or large debt to equity ratios. The same firms also subsequently borrow more. Japanese banks not only hold shares in the keiretsu companies, keiretsu presidents' councils members possibly have better arrangements with banks than other Japanese companies.

Author: Flath, David
Publisher: MIT Press Journals
Publication Name: Review of Economics and Statistics
Subject: Mathematics
ISSN: 0034-6535
Year: 1993
Economic aspects, Japan, Stockholders, Capital stock, Keiretsu system, Debt financing (Corporations), Debt financing, Debt equity conversion

User Contributions:

Comment about this article or add new information about this topic:

CAPTCHA


Bank capitalization and cost: evidence of scale economies in risk management and signaling

Article Abstract:

Financial capital plays a vital role in banking and financial intermediation. Financial capital is used by risk-averse bank managers to signal and restrict risk. With the help of labor and physical capital, advancement in financial capital level also helps in enhancing risk management and in securing capital. Utilization of a standard cost function also revealed that costs associated with the use of financial capital decrease as bank asset increases.

Author: Hughes, Joseph P., Mester, Loretta J.
Publisher: MIT Press Journals
Publication Name: Review of Economics and Statistics
Subject: Mathematics
ISSN: 0034-6535
Year: 1998
Risk management, Economies of scale

User Contributions:

Comment about this article or add new information about this topic:

CAPTCHA


The efficiency cost of market power in the banking industry: a test of the "quiet life" and related hypotheses

Article Abstract:

A relationship exists between concentrated markets and low operating efficiency. Estimates of the efficiency of more than 5000 banks and measures of local market concentration revealed that banks operating in more concentrated markets tend to have lower cost efficiency. Additional operating cost due to market concentration tends to be several times greater than the social loss due to bank outputs' noncompetitive pricing.

Author: Berger, Allen N., Hannan, Timothy H.
Publisher: MIT Press Journals
Publication Name: Review of Economics and Statistics
Subject: Mathematics
ISSN: 0034-6535
Year: 1998
Economics, Research and Development in the Social Sciences and Humanities, Efficient market theory, Cost (Economics), Costs (Economics)

User Contributions:

Comment about this article or add new information about this topic:

CAPTCHA


Subjects list: Management, Research, Banking industry, Analysis, Banks (Finance)
Similar abstracts:
  • Abstracts: Manufacturing growth and financial development: evidence from OECD countries. International trade, comparative advantage and the incidence of layoff unemployment spells
  • Abstracts: Breaking trends and the money-output correlation. On cointegration and tests of forward market unbiasedness. The effects of inside and outside money on industrial production across spectral frequency bands
  • Abstracts: On the uniqueness of the solution to a large linear assignment problem. Uniqueness conditions for strongly point-rationalizable solutions to games with metrizable strategy sets
  • Abstracts: Quarterly forecasts of the Italian business cycle by means of monthly economic indicators. Business cycle forecasting
  • Abstracts: Thinking about the future: a cognitive perspective. Forecast combining with neural networks. A predicting system based on combining an adaptive predictor and a knowledgebase as applied to a blast furnace
This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.
Some parts © 2025 Advameg, Inc.