Management of Japan's Securities Companies

Kiyoshi Nikami

Japanese Economy, 1991, vol. 19, issue 3, 43-86

Abstract: Since the mid-1970s, the environment surrounding Japan's securities companies has changed greatly. With the impetus of the Japan-U.S. Yen-Dollar Commission Report, important changes in regulations and institutions were made in conjunction with the following developments: (1) pressure by Western countries demanding the liberalization of Japan's financial and securities markets and the internationalization of the yen; (2) administrative pressure by the Ministry of Finance with the aim of creating a market that is fair and open enough to be accepted internationally.

Date: 1991
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DOI: 10.2753/JES1097-203X190343

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