Introduction

Hiroshi Osano and Toshiaki Tachibanaki

Chapter 1 in Banking, Capital Markets and Corporate Governance, 2001, pp 1-10 from Palgrave Macmillan

Abstract: Abstract Issues surrounding the fragility of the banking system, corporate governance and the increasing securitisation of corporate financing have gained enormous practical significance over recent decades. All are closely interrelated. For example, the fragility of the banking system can be caused by dysfunctional corporate governance mechanisms in banks or their borrowing firms, and can be aggravated by increasing reliance on securitisation in corporate financing. On the other hand, the breakdown of the banking system can create a need for the replacement of the existing system of corporate governance, and for further increasing the securitisation of corporate financing. The increasing securitisation of corporate financing can also affect the existing system of corporate governance because it changes the traditional methods of corporate financing through banks.

Keywords: Corporate Governance; Bank Manager; Loan Loss; Moral Hazard Problem; Corporate Governance Mechanism (search for similar items in EconPapers)
Date: 2001
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-28814-0_1

Ordering information: This item can be ordered from
http://www.palgrave.com/9780230288140

DOI: 10.1057/9780230288140_1

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().