Problems of Japan's Capital Market

Kikuo Iwata

Japanese Economy, 1994, vol. 22, issue 2, 3-38

Abstract: The capital market, in which the price of corporate bonds and stock shares is decided, is a market in which the worth of the corporate-managed assets is evaluated. Through the evaluation of this capital market, the value that these corporate assets are expected to generate is divided among the suppliers of funding (that is the bearers of the stock or bonds).

Date: 1994
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DOI: 10.2753/JES1097-203X22023

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