The Japanese Main Bank Relationship: Governance or Competitive Strategy?

Mark J. Scher

Chapter 9 in Financial Institutions and Social Transformations, 1997, pp 189-214 from Palgrave Macmillan

Abstract: Abstract This article explores the nature of the main bank in its roles as the major creditor and lender of last resort to its clients within Japanese banking’s cultural, historical and institutional context, and in relation to governmental institutions that strive to foster economic development through the main bank system. In so doing it discloses some of the myriad formal and informal systems which the main bank uses to structure a profitable and lasting relationship with its client firms, the nature of the direct rewards sought by the banks, and how their needs are served by the main bank relationship.

Keywords: Corporate Governance; Financial Institution; Financial Distress; Social Transformation; Lending Bank (search for similar items in EconPapers)
Date: 1997
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:978-1-349-25953-3_9

Ordering information: This item can be ordered from
http://www.palgrave.com/9781349259533

DOI: 10.1007/978-1-349-25953-3_9

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 ().