Titlebook: Banking, The State and Industrial Promotion in Developing Japan, 1900-73; Shinji Ogura Book 2002 Palgrave Macmillan, a division of Macmill

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Book 2002It re-evaluates the role and function of Japan‘s commercial banks among its corporate groupings and proves that the behaviour of banks heading corporate groups has characterized the economic system, and that the banks could not have established a long-term capital lending business until the beginning of the 1970s.

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https://doi.org/10.1007/978-1-349-23038-9companies, offering shares to the public, appointing salaried managers to top management, and calling in outside directors and auditors. Nonetheless, at the beginning of the 1930s they were still essentially under the control of the zaibatsu families and as a result did not feel overly responsible f

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The British Ghost Story at Christmas,ness, which banks had been prohibited from engaging in by a law aimed at putting a wall between the securities and banking sectors, and to continue to deepen the cross-shareholdings between itself and its customers. This was because it wanted to set itself free from the restrictions placed on it as

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https://doi.org/10.1007/978-3-319-98089-8on bills, and to short-term lending over long-term capital lending. When putting this into practice it attached great importance to conducting foreign exchange business with such major trading companies as Mitsui and Company and to securities operations on behalf of major debtors.

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