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Disturbances in the Financial System and Corporate Finance

Katsumi Matsuura

Japanese Economy, 2000, vol. 28, issue 3, 3-31

Abstract: Actions taken by the banking industry and the policy authorities (e.g., the Ministry of Finance [MOF] and the Bank of Japan) in the 1980s and 1990s exerted a grave impact on the lending and securities markets in Japan. The foregoing impact was not confined to problems caused by individual trading markets and corporate financing, but extended so far as to threaten the very roots of Japan's financial system and economy.

Date: 2000
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DOI: 10.2753/JES1097-203X28033

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