• Views: 108
  • No comments

Book Category: Cultures and Languages
Posted by quantum 19-05-2017, 18:33


Japanese Firms During The Lost Two Decades

by Jun-ichi Nakamura

Read Online
Japanese Firms During The Lost Two Decades

Why has Japan's lost decade become the lost two decades? This book attempts to provide a novel perspective on causes of stagnant productivity growth of the Japanese corporate sector during the lost two decades. Exploiting the corporate financial dataset compiled by the Development Bank of Japan, it shows empirical evidence that an excessive conservative financial policy of firms in good standing were responsible for sluggish reallocation of productive resources after the recovery of “zombie” firms. The questions taken up in the book include: How can “zombie” firms be properly identified only on the basis of financial data? Why did a majority of “zombie” firms eventually recover? Why did the productivity and profitability of the corporate sector as a whole remain low even after the recovery of “zombie” firms? Why did firms in good standing stick to an excessive conservative financial policy and seem reluctant to invest for innovation? What can be the effective prescription to revitalize these firms in good standing? Supported by both in-depth data analyses and rich anecdotal evidence, this book is highly recommended to readers who seek a convincing and comprehensive explanation of Japan's lost two decades from the financial and corporate behavioral points of view.

Rated:
Total votes: 0

Related Books:

  • Competition, Innovation, And Growth In Japan

    Competition, Innovation, And Growth In Japan
  • Introduction To Quantitative Data Analysis In The Behavioral And Social Sci ...

    Introduction To Quantitative Data Analysis In The Behavioral And Social Sci ...
  • Top 50 Apache Spark Interview Questions & Answers

    Top 50 Apache Spark Interview Questions & Answers
  • Top 200 Data Engineer Interview Questions & Answers

    Top 200 Data Engineer Interview Questions & Answers
  • The Quadruple Innovation Helix Nexus: A Smart Growth Model, Quantitative Em ...

    The Quadruple Innovation Helix Nexus: A Smart Growth Model, Quantitative Em ...
  • Regional Growth And Sustainable Development In Asia

    Regional Growth And Sustainable Development In Asia
  • Disciplined Growth Strategies: Insights From The Growth Trajectories Of Suc ...

    Disciplined Growth Strategies: Insights From The Growth Trajectories Of Suc ...
  • The Politics Of Evidence: From Evidence-based Policy To The Good Governance ...

    The Politics Of Evidence: From Evidence-based Policy To The Good Governance ...
  • Marketplace Lending, Financial Analysis, And The Future Of Credit: Integrat ...

    Marketplace Lending, Financial Analysis, And The Future Of Credit: Integrat ...
  • Digitally Supported Innovation: A Multi-disciplinary View On Enterprise, Pu ...

    Digitally Supported Innovation: A Multi-disciplinary View On Enterprise, Pu ...
  • Habits Of Highly Effective People: Accomplish More By Managing Your Time An ...

    Habits Of Highly Effective People: Accomplish More By Managing Your Time An ...
  • A Comprehensive Cognitive Behavioral Program for Offenders: Responsible Adu ...

    A Comprehensive Cognitive Behavioral Program for Offenders: Responsible Adu ...
  • Prescription Alternatives:Hundreds of Safe, Natural, Prescription-Free Reme ...

    Prescription Alternatives:Hundreds of Safe, Natural, Prescription-Free Reme ...
  • New York Times Notable Fiction of 2012

    New York Times Notable Fiction of 2012
  • Responsible Innovation: Managing the Responsible Emergence of Science and I ...

    Responsible Innovation: Managing the Responsible Emergence of Science and I ...