Japanese Interfirm Networks and Their Main Banks

Japanese Interfirm Networks and Their Main Banks

by M. Scher

Hardcover(1997)

$170.00
Eligible for FREE SHIPPING
  • Want it by Thursday, September 27?   Order by 12:00 PM Eastern and choose Expedited Shipping at checkout.

Overview

Japanese Interfirm Networks and Their Main Banks by M. Scher

Based upon a major research project and a high level of access to relevant individuals this is the first book that opens the door on the closed and guarded world of Japanese banking. The book discusses in first-hand terms the nature of the bank's relationships to its client firms, to members of its 'group' and to 'outsiders'; placing these relationships within a competitive strategy which the book sets forth in an original framework, the Relational Access Paradigm.

Product Details

ISBN-13: 9780312177430
Publisher: Palgrave Macmillan UK
Publication date: 12/13/1997
Edition description: 1997
Pages: 164
Product dimensions: 5.51(w) x 8.50(h) x 0.02(d)

Table of Contents

List of Figures and Tables
x(1)
Acknowledgments xi
1 Introduction and Overview
1(10)
Policy Implications
1(3)
The Chapters: An Overview
4(5)
Origins of the Japanese firm and the Western paradigm
5(2)
Industrial groups and their main banks
7(1)
The main bank relationship: governance or competitive strategy?
8(1)
Conclusions in Brief
9(2)
2 Developing Theory from Practice: A Methodological Approach
11(16)
Laying the Groundwork for the Research
11(2)
Testing and Developing Theory: The Case Study Method
13(7)
Building the pool of interview respondents
14(4)
Selecting subjects for case study
18(2)
From Theory Testing to Theory Building: Crafting Instruments and Protocols
20(2)
Analyzing the Data and Shaping the Hypothesis
22(2)
Constructing a hypothesis: a reiterative process
22(1)
Triangulation of data
23(1)
Situating Theory within the Literature
24(1)
Reaching Closure: A Theoretical Saturation Point
25(2)
3 Relational Access versus the Western Economic Paradigm
27(18)
Economic Theories of the Firm
27(5)
From production plans to transaction efficiencies: the development of theory
27(5)
Communal Forms
32(7)
High context-low context power relations: toward a more holistic model
34(5)
The Relational Access Paradigm: The Third Dimension
39(6)
4 Origins of the Japanese Firm and Interfirm Networks
45(16)
Historical Evidence: Households as Firms
46(5)
The Transformation from Merchant Households to Industrial Groups
51(5)
Culture, Commerce, and Communal Values
56(5)
5 Japanese Governance Structures in the Postwar Era: Industrial Groups and Their Main Banks
61(22)
Industrial Groups: Cross-Shareholding and Group Boundaries
62(3)
Cross-shareholding
62(1)
Failure to distinguish between kigyo shudan and keiretsu
63(2)
The Resurrection and Evolution of Cross-Shareholding in the Postwar Period
65(3)
Cross-Shareholding: Governance or Anti-Governance?
68(5)
Kigyo shudan affiliation
68(2)
Cross-shareholding as anti-governance
70(3)
Industrial Groups and the Main Bank Relationship
73(10)
Informational properties of the main bank relationship
75(2)
Main bank as firm governor
77(2)
The main bank relationship and the efficiency of corporate finance
79(1)
The main bank relationship: a research agenda
80(3)
6 The Main Bank Relationship: Tatemae or Honne, "Stylized Facts" or Real Facts?
83(32)
The Main Bank Relationship and Sutton's Law: The Profitability Motive
84(11)
Depository and compensating balance accounts
86(1)
Fee-based and commission banking
87(1)
Employee accounts
88(3)
Competition for profits among the lead "main" banks
91(4)
Components of the Bank-Client Relationship
95(20)
The nature of main bank relationships
95(4)
Competitive strategy
99(3)
Responsibilities of the lead main bank: purported rescue function
102(2)
The bank team: monitoring or sales function?
104(1)
Establishing main bank relationships with new clients
105(2)
Shukko relations: trimming bank costs, supplying the client with expertise
107(4)
The shukko employee's conflict of interest: insider versus outsider
111(4)
7 Bank versus Firm: Triangulating the Data
115(16)
Bank Firm: The Quantitative Data
115(7)
Bank Governance: The Quantitative Data
122(5)
The "monitoring" function of the main bank relationship
122(1)
The purported "signaling" function of the main bank
123(1)
Main bank governance through cross-shareholding?
124(2)
The uchi-soto continuum and main bank governance
126(1)
Data and Theory Building: An Iterative Process
127(4)
8 Conclusion
131(8)
Appendix: Uni-Dimensional Schema of an Industrial Group 139(4)
References 143(8)
Index 151

Customer Reviews

Most Helpful Customer Reviews

See All Customer Reviews