To see the other types of publications on this topic, follow the link: Japanese banking system.
Journal articles on the topic 'Japanese banking system'
Create a spot-on reference in APA, MLA, Chicago, Harvard, and other styles
Consult the top 29 journal articles for your research on the topic 'Japanese banking system.'
Next to every source in the list of references, there is an 'Add to bibliography' button. Press on it, and we will generate automatically the bibliographic reference to the chosen work in the citation style you need: APA, MLA, Harvard, Chicago, Vancouver, etc.
You can also download the full text of the academic publication as pdf and read online its abstract whenever available in the metadata.
Browse journal articles on a wide variety of disciplines and organise your bibliography correctly.
1
Kawai, Masahiro. "Reform of the Japanese banking system." International Economics and Economic Policy 2, no. 4 (December 2005): 307–35. http://dx.doi.org/10.1007/s10368-005-0039-8.
Full text
2
Frankel, Allen B., and Paul B. Morgan. "A Primer on the Japanese Banking System." International Finance Discussion Paper 1991, no. 419 (December 1991): 1–53. http://dx.doi.org/10.17016/ifdp.1991.419.
Full text
3
Ivan, Ionut-Cristian. "Stochastic Frontiers. Case Study – Japanese Banking System." Procedia Economics and Finance 27 (2015): 652–58. http://dx.doi.org/10.1016/s2212-5671(15)01045-x.
Full text
4
Anderson, Christopher W., and Terry L. Campbell. "Restructuring the Japanese banking system Has Japan gone far enough?" International Review of Financial Analysis 9, no. 2 (June 2000): 197–218. http://dx.doi.org/10.1016/s1057-5219(00)00029-6.
Full text
5
Takahashi, Takuma. "Who declares the demise of the Japanese main banking system?" Journal of Banking Regulation 4, no. 2 (December 2002): 123–44. http://dx.doi.org/10.1057/palgrave.jbr.2340135.
Full text
6
Yabushita, Shiro, and Atsushi Inoue. "The Stability of the Japanese Banking System: A Historical Perspective." Journal of the Japanese and International Economies 7, no. 4 (December 1993): 387–407. http://dx.doi.org/10.1006/jjie.1993.1023.
Full text
7
Okina, Yuri. "Improving Japan's Financial System, with Emphasis on Reforming the Postal Savings Business." Asian Economic Papers 2, no. 1 (January 2003): 172–83. http://dx.doi.org/10.1162/153535103322022977.
Full textAbstract:
The crisis facing Japan's banking sector has been attributed to a wide range of factors: (1) the run-up and collapse of the bubble; (2) a lack of adequate supervision of financial institutions by the government; (3) the stagnation of the economy, because the Japanese growth model is no longer relevant; and (4) bad management of the banks. It is important to reform corporate governance in the real sector, not merely in the financial sector. It should also be recognized that Japan's financial system should reduce the size of the safety net provided by the government not only through the deposit insurance system, but also through the enormous postal savings business.
8
Loukoianova, Elena. "Analysis of the Efficiency and Profitability of the Japanese Banking System." IMF Working Papers 08, no. 63 (2008): 1. http://dx.doi.org/10.5089/9781451869255.001.
Full text
9
Teranishi, Juro. "Review of Hoshi and Kashyap's Corporate Financing and Governance in Japan." Journal of Economic Literature 41, no. 2 (May 1, 2003): 566–74. http://dx.doi.org/10.1257/002205103765762770.
Full textAbstract:
Examining the development of the Japanese financial system since the Meiji era, Hoshi and Kashyap derive a number of interesting propositions on the evolution of bank-centered financing, its contribution to rapid growth, and its future transformation. They argue that the piecemeal approach to deregulation is one of the main reasons for the current banking crisis, and conclude that Japan will shift to a capital market-based financial system like the one in the United States or in prewar Japan. Hoshi and Kashyap's work makes an important contribution as a coherent long-term overview of Japan's bank-centered financial system.
10
Hoshi, Takeo, and Anil K. Kashyap. "Japan's Financial Crisis and Economic Stagnation." Journal of Economic Perspectives 18, no. 1 (February 1, 2004): 3–26. http://dx.doi.org/10.1257/089533004773563412.
Full textAbstract:
We survey the macroeconomic stagnation and financial problems in Japan. The financial sector assessment includes separate analyses of the commercial banks, the life insurance companies and the government's fiscal investment and loan program (FILP). We estimate that the Japanese taxpayer will have to pay at least another ¥100 trillion (20% of GDP) to cover financial system losses. We explain how the current dysfunctional Japanese banking system misallocates funds by keeping many insolvent firms in business. These inefficient firms crowd out potentially profitable ones and worsen macroeconomic stagnation. A sustained macroeconomic recovery requires serious restructuring aimed at stopping this cycle.
11
Asano, Akihito, and Takaharu Eto. "The paradox of limited deposit insurance under the amakudari practice in the Japanese banking system." Journal of Asian Economics 17, no. 1 (February 2006): 126–43. http://dx.doi.org/10.1016/j.asieco.2005.10.010.
Full text
12
Yago, Kazuhiko. "Before the ‘locomotive’ runs: the impact of the 1973–1974 oil shock on Japan and the international financial system." Financial History Review 27, no. 3 (November 5, 2020): 418–35. http://dx.doi.org/10.1017/s0968565020000177.
Full textAbstract:
This article offers a Japanese perspective on the debate about the international financial system immediately after the first oil shock of 1973–4. Using archival records from the OECD and Bank of Japan, I analyze the three key policy issues discussed at the meetings of Working Party 3 (WP3) of the OECD: petrodollar recycling, balance-of-payments adjustments, and the management of global growth. Documents show that the Japanese approach to capital controls, exchange rate management, state-led growth orientation and international banking strategies was rather strengthened by the impact of the oil shock. By 1975 the OECD viewed Japan, together with Germany and the United States, as one of the ‘locomotives’ that would trigger a revival of economic growth in the industrialized West.
13
SCHILTZ, MICHAEL. "An ‘ideal bank of issue’: the Banque Nationale de Belgique as a model for the Bank of Japan." Financial History Review 13, no. 2 (October 2006): 179–96. http://dx.doi.org/10.1017/s0968565006000230.
Full textAbstract:
It is established historical knowledge that the Bank of Japan (1882) was modelled upon the Banque Nationale de Belgique (1850). In this article, I point out how Japan's recurrent frustration with foreign dependence nurtured a social Darwinist view of international politics and finance: Japan's capability to survive in the world was believed to be dependent on its capability to assimilate foreign knowledge and institutions. In the field of finance, Matsukata Masayoshi, Japan's most enlightened financial policy maker at the time, turned to Belgium. I explain that Matsukata was dedicated to the emulation of Belgium's financial infrastructure, in which several public institutions would each be responsible for a specific area of the credit system. I indicate how efforts to adopt Belgian institutions and banking ideas proceeded meticuluously; yet, in the end, Japanese and Belgian finance developed along quite distinct pathways.
14
Yoshino, Naoyuki, and Eisuke Sakakibara. "The Current State of the Japanese Economy and Remedies." Asian Economic Papers 1, no. 2 (May 2002): 110–26. http://dx.doi.org/10.1162/15353510260187436.
Full textAbstract:
Japan has reached the limits of conventional macroeconomic policies. Lowering interest rates will not stimulate the economy because widespread excess capacity has made private investment insensitive to interest rate changes. Increasing government expenditure in the usual way will have small effects because it will take the form of unproductive investment in the rural areas. Cutting taxes will not increase consumption because workers are concerned about job security and future pension and medical benefits. Expanding the monetary base will not induce banks to increase investment loans because the proportion of nonper-forming loans in their portfolios is growing because of the prolonged economic stagnation. In order for sustained economic recovery to occur in Japan, the government must change the makeup and regional allocation of public investments, resolve the problem of nonperforming loans in the banking system, improve the corporate governance and operations of the banks, and strengthen the international competitiveness of domestically oriented companies in the agriculture, construction, and service industries.
15
Gorchakova, Maria E. "Денежно-кредитная политика банка Японии в условиях глобального кризиса." Азиатско-Тихоокеанский регион: экономика, политика, право 55, no. 2 (2020): 30–38. http://dx.doi.org/10.24866/1813-3274/2020-2/30-38.
Full textAbstract:
Мировая банковская система непрерывно развивается и совершенствуется. Банковские системы отдельных стран модифицируются под влиянием интеграции финансовых отношений государств мира и глобализации в сфере банковского дела. Экономика Японии получила широкое развитие в период так называемого «экономического чуда», во время которого Япония стала второй страной в мире по общему объёму производства, занимая третье место по экспорту продукции. Быстрыми темпами развивается непроизводственный сектор Японии: сфера услуг, финансы, научно-исследовательская деятельность. Статья посвящена изучению деятельности центрального банка Японии – одного из ведущих мировых финансовых институтов. Выделены организационные принципы функционирования Банка Японии. Рассмотрены три руководящих принципа управления, используемых Банком Японии в процессе его деятельности для выполнения роли центрального банка и достижения таких целей, как поддержание ценовой стабильности и содействие экономическому росту в стране. Банк Японии, будучи первым звеном банковской системы страны, реализует денежно-кредитную политику, применяя комплекс мер, направленных на управление совокупным спросом через условия денежного рынка. В статье отражены инструменты денежно-кредитной политики, применяемые Банком Японии для обеспечения стабильности экономического развития страны. Особое внимание уделяется мерам, предпринятым Банком Японии в связи с кризисом, вызванным пандемией коронавируса COVID-19. Речь идёт о поддержке компаний, пострадавших от последствий коронавируса COVID-19, включая предоставление беспроцентных займов, выдачу гарантий по кредитам малому и среднему бизнесу, пострадавшему от пандемии, субсидии по переводу бизнеса в онлайн. Банк Японии планирует использовать пакет фискальных и монетарных антикризисных мер для поддержки экономики страны. Реализация мероприятий необходима для ограничения экономического ущерба от кризисных явлений, вызванных коронавирусом COVID-19, и сглаживания волатильности рынков. Актуальность исследования обусловлена тем, что в условиях финансовой глобализации необходимо учитывать опыт зарубежных банковских систем, особенно в ситуации мирового кризиса, затронувшего экономики всех стран. Ключевые слова: мировая банковская система, глобализация, банковское дело, Япония, центральный банк, денежно-кредитная политика, операции на открытом рынке, экономическая активность, ликвидность, COVID-19, финансовый кризис, антикризисные меры. The world banking system is constantly developing and improving. The banking systems of individual countries are modified under the influence of the integration of financial relations between the countries of the world and globalization in bank-ing. The Japanese economy was widely developed during the period of the so-called «economic miracle», during which Japan became the second country in the world in total production volume, ranking third in the export of products. The non-manufacturing sector of Japan is developing rapidly: the service sector, finance, and research. The article is devoted to the study of the activities of the Central Bank of Japan – one of the leading global financial institutions. The organizational principles of the Bank of Japan are highlighted. Three management principles used by the Bank of Japan in the course of its activities to fulfill the role of the central bank and achieve goals such as maintaining price stability and promoting economic growth in the country are considered. The Bank of Japan, being the first link in the country's banking system, implements monetary policy by applying a set of measures aimed at managing aggregate demand through money market conditions. The article reflects the monetary policy instruments used by the Bank of Japan to ensure the stability of the country's economic development. Particular attention is paid to the measures taken by the Bank of Japan in connection with the crisis caused by the pandemic of the coronavirus COVID-19. It is about supporting companies affected by the consequences of the coronavirus COVID-19, including providing interest-free loans, issuing guarantees for loans to small and medium-sized businesses affected by the pandemic, subsidies for transferring business online. The Bank of Japan plans to use a package of fiscal and monetary anti-crisis measures to support the country's economy. Implementation of measures is necessary to limit the economic damage from the crisis caused by the coronavirus COVID-19, and to smooth out the market volatility. The relevance of this study is due to the fact that in the context of financial globalization, it is necessary to take into account the experience of foreign banking systems, especially in the situation of the global crisis that affected the economies of all countries. Keywords: world banking system, globalization, banking, Japan, central bank, monetary policy, open market operations, economic activity, liquidity, COVID-19, financial crisis, anti-crisis measures.
16
Barnhill, Theodore M., Panagiotis Papapanagiotou, and Marcos Rietti Souto. "Preemptive Strategies for the Assessment and Management of Financial System Risk Levels: An Application to Japan with Implications for Emerging Economies." Review of Pacific Basin Financial Markets and Policies 07, no. 01 (March 2004): 1–42. http://dx.doi.org/10.1142/s0219091504000056.
Full textAbstract:
We estimate the current potential default cost of the large amount of bad loans in the Japanese banking system to fail to range from 30 trillion yen to 45 trillion yen or higher. For many banks this would deplete at least 50% of their capital. However, it would also fix the loss and avoid potentially larger losses if weak credits continue to be supported. Using a simulation methodology, we also find that the assumed level of credit risk, equity investment, bank operating expenses, bank net interest margin, and the assumed future financial environments interact to determine future bank risk levels. If the negative financial and real estate market conditions of the recent past persist over the next three years, it is very likely that the major Japanese banks will suffer further large losses and exhaust their already low levels of capital. Alternatively, a return to a more positive economic and financial environment would moderate the risks and the cost of resolving the current problems. Nevertheless, under both scenarios, the risk of further bank failures appears to be substantial and additional large capital infusions will likely be needed to avoid losses by depositors. The implications of this analysis for emerging economies, center on the management and regulation of financial institutions in countries where financial market regulatory structures are in a state of change and asset price bubbles also occur.
17
Suzuki, Yasushi, Munim Kumar Barai, Bishnu Kumar Adhikary, and Manjula Kumara Wanniarachchige. "The Grameen Bank “Empowering the Poor” Model of Microcredit: An Institutional Comparison with the Traditional Mode of the Japanese Banking System." Journal of Comparative Asian Development 10, no. 1 (June 2011): 129–56. http://dx.doi.org/10.1080/15339114.2011.578487.
Full text
18
Gonçalves, Carlos Alberto, Daniel Jardim Pardini, and Anthero de Moraes Meirelles. "Concentration of ownership and control as a governance mechanism in the Brazilian financial system." Corporate Ownership and Control 3, no. 1 (2005): 135–43. http://dx.doi.org/10.22495/cocv3i1c1p2.
Full textAbstract:
In this paper we analyse how ownership and control work in the main banks operating in Brazil. Our purpose is to identify the mechanisms through which investors try to secure the control of the corporations and the return of the capital invested. Unlike the Anglo-Saxon governance model, where the usual practice is to distribute the share capital among a large number of shareholders, or still, the Japanese or German models, with a massive participation of the banks in the control of the companies, recent research in the Brazilian companies listed in the stock exchange indicate a great volume of voting shares in the hands of a few shareholders. In the present study we seek to reveal whether this corporate governance mechanism also prevails in the Brazilian banking sector. The analysis comprised fifty of the biggest banks operating in Brazil, accounting for over 90% of the total assets of the Brazilian financial system. This study, besides revealing the levels of concentration of control and ownership of the leading Brazilian financial institutions, elucidates the corporate governance models featuring in the literature. It also explains how, in the management of the financial organizations, the investor, when making use of the mechanisms that secure their rights to ownership, guarantees the control and legal protection of his/her investment. The results of the research point to high levels of ownership concentration in the financial institutions in Brazil
19
Kashiwazaki, N., Y. Seita, K. Naoi, A. Takizawa, T. Kuramoto, and T. Serikawa. "12 GENERATION OF RAT OFFSPRING DERIVED FROM CRYOPRESERVED SPERMATOZOA IN JAPANESE NATIONAL BIORESOURCES." Reproduction, Fertility and Development 19, no. 1 (2007): 124. http://dx.doi.org/10.1071/rdv19n1ab12.
Full textAbstract:
The purpose of the National BioResource project is to facilitate the availability of genetically and phenotypically standardized rat strains for life sciences. The BioResource is available to scientists worldwide. To bank genetic resources efficiently in the rat, cryopreservation of both sperm and embryos is a very important technology. The objective of the present study was to confirm the ability of banked and transported rat spermatozoa to fertilize oocytes through intrauterine insemination and for the embryos to develop to term, with the ultimate aim of developing a system for banking rat genetic resources. The epidydimal spermatozoa from the KLM rat, whose body size is small because the Prkg2 gene is partially defective, were frozen with egg yolk medium supplemented with 0.7% Equex Stm (Nakatsukasa et al. 2001 Reproduction 122, 463–467) and banked in the Institute of Laboratory Animals, Kyoto University. The cryopreserved sperm in 0.25-mL straws were transported to the laboratory at Azabu University, Kanagawa. Two straws from different males were thawed in a 37�C water bath for 15 s. Thawed semen was diluted with 1.0 mL of mR1ECM (Miyoshi et al. 1997 Biol. Reprod. 56, 180–185) with 0.4% (w/v) bovine serum albumin (BSA, fraction V; Sigma-Aldrich Japan K.K., Tokyo, Japan) at 37�C and then incubated at 37�C in 5% CO2 in humidified air until insemination. The percentage of motile spermatozoa was assessed visibly and determined by direct observation at 37�C under a light microscope at 100�. The thawed semen (50 �L, 3–4 � 105 sperm cells) was then inseminated into the top of both uterine horns of recipient females that were mated with a vasectomized male. The post-thaw motility of frozen spermatozoa was 10%. Seven of 15 inseminated females became pregnant and 13 live pups were born. It is thought that the low number of pups born in spite of the relatively high pregnancy rate was caused by sperm damage during the freezing and thawing procedure. The results of the present study show that rat spermatozoa cryopreserved in the BioResource have the ability to revive genetic resources through intrauterine insemination.
20
Muna, Ahmad Nilnal. "Telaah Fikih Muamalah tentang Praktik Gadai Perkebunan di Desa Japan Kabupaten Kudus." JURNAL PENELITIAN 15, no. 1 (June 30, 2021): 207. http://dx.doi.org/10.21043/jp.v15i1.10751.
Full textAbstract:
<p align="center">Abstrak</p><p>Praktik gadai saat ini masih juga terjadi kendati sistem perbankan dan sistem permodalan perbankan maupun turunannya sudah begitu masif dan begitu banyak jumlahnya serta semakin memudahkan. Tak terkecuali apa yang dilakukan masyarakat Japan kecamatan Dawe kabupaten Kudus. Praktik ar-Rahn dengan menggadaikan kebun maupun sawah sebagai jaminan tetap ada dan subur di masyarakat pedesaan.</p><p>Studi mengenai praktik mu’amalah khususnya gadai di kalangan masyarakat menjadi penting adanya untuk mengukur dan mengetahui bagaimana praktik ar-rahn di tengah-tengah masyarakat. Sudah sesuai dengan tuntunan fiqih mu’amalah atau tidak.</p><p>Pada penelitian ini penulis berfokus pada praktik gadai perkebunan yang dilakukan di masyarakat Desa Japan Kecamatan Dawe Kabupaten Kudus. Melalui penelitian lapangan (<em>field research</em>) dengan pendekatan kualitatif, yakni pendekatan penelitian yang tidak menggunakan perhitungan angka-angka dalam menguji kebenaran datanya. Oleh karena itu masalah dalam penelitian kualitatif masih bersifat sementara, tentatif, dan akan berkembang atau berganti setelah peneliti berada di lapangan. Lokasi dalam penelitian ini adalah berada di Desa Japan Kecamatan Dawe Kabupaten Kudus. Sementara waktu penelitian ini adalah mulai Januari sampai Maret tahun 2021.</p><p>Penelitian ini ingin mengungkap praktik gadai perkebunan praktik gadai perkebunan yang dilakukan di masyarak Desa Japan Kecamatan Dawe Kabupaten Kudus. Apakah praktik tersebut sudah sesuai dengan kaidah dalam fikih muamalah dan bagaimana solusinya.</p><p> </p><p align="center"><strong>Fiqih Muamalah Study about pawn practice in Japan Dawe Kudus </strong></p><p>The current practice of pawning is still occurring even though the banking system and banking capital system and its derivatives are already so massive and so many in number and making it easier. The people of Japan, Dawe sub-district, Kudus district were no exception to this. The practice of ar-Rahn by mortgaging gardens and rice fields as a guarantee of existence and fertility in rural communities.</p><p>The study of mu'amalah practices, especially pawning among the community, is important to measure and find out how ar-rahn practices in the community. It is in accordance with the guidance of fiqih mu'amalah or not.</p><p>In this study the authors focused on the practice of plantation pawning carried out in the community of Japan Village, Dawe District, Kudus Regency. Through field research (field research) with a qualitative approach, namely a research approach that does not use numerical calculations to test the correctness of the data. Therefore problems in qualitative research are still temporary, tentative, and will develop or change after researchers are in the field. The location in this research is in Japan Village, Dawe District, Kudus Regency. Meanwhile, the time of this research is from January to March 2021.</p><p>This study aims to reveal the practice of plantation pawning in the practice of plantation pawning in the Japanese village community, Dawe District, Kudus Regency. Is this practice in accordance with the rules in muamalah fiqh and what is the solution</p>
21
SUEYOSHI, TOSHIYUKI, and YUICHIRO KIRIHARA. "Efficiency measurement and strategic classification of Japanese banking institutions." International Journal of Systems Science 29, no. 11 (November 1998): 1249–63. http://dx.doi.org/10.1080/00207729808929613.
Full text
22
Robaschik, Frank, and Yoshino Naoyuki. "A Comparative Analysis of the Japanese and the German Public Banking Systems." Japanstudien 13, no. 1 (January 2002): 343–72. http://dx.doi.org/10.1080/09386491.2002.11826885.
Full text
23
Kimura, Mitsuhiko. "Financial Aspects of Korea's Economic Growth under Japanese Rule." Modern Asian Studies 20, no. 4 (October 1986): 793–820. http://dx.doi.org/10.1017/s0026749x00013731.
Full textAbstract:
Feeling strong pressure from Western Powers Japan abandoned her seclusion policy in 1854 and inaugurated serious efforts to modernize her society and economy after the Meiji Restoration in 1868. She, in turn, forced Korea who had been keeping the seclusion policy on her own to open the door in 1876. The feudal Korean government (the Yi Dynasty, 1392–1910) was impelled to embark on social and economic reforms by opening the door. Yet, after nearly thirty years’ struggle to make reforms and to secure the independence of the country, Korea was converted into a protectorate of Japan in 1905 and was officially annexed to her in 1910. The Japanese government recognized that the creation of modern monetary and banking systems in Korea was the precondition for trade expansion between the two countries (for Japan, rice imports on the one hand and textile exports on the other) and thus started its colonial rule over Korea by establishing a central bank, development banks and financial cooperatives. This paper aims at setting forth an analysis of a more or less unexplored field in the study of the economic history of Korea, that is, the financial aspects of her economic growth under Japanese rule. Particularly, emphasis will be placed on quantitative analysis of major financial variables represented by money, interest rates and bank credit. Before proceeding to the main subject, it may well serve to review some of the financial problems in the late Yi Dynasty period.
24
Suto, Megumi, and Hitoshi Takehara. "CSR and cost of capital: evidence from Japan." Social Responsibility Journal 13, no. 4 (October 2, 2017): 798–816. http://dx.doi.org/10.1108/srj-10-2016-0170.
Full textAbstract:
Purpose This study aims to examine the link between corporate social performance (CSP) and the cost of capital of Japanese firms in 2008-2013, considering the influences of banking relationships and ownership structure. Design/methodology/approach It examines the relation between CSP and the cost of capital in terms of the cost of debt, cost of equity and weighted average cost of capital, using a composite CSP measure based on stakeholder relationships. A regression model is adopted, controlling for bank dependency, ownership structure and firm-specific attributes. Findings Institutional ownership influences the CSP–cost of equity relation and reduces the cost of equity, while CSP is perceived by debtors as not information-mitigating for the observed period. For 2008-2010, the relation between CSP and bank dependency increases the cost of debt; however, the positive influence of bank dependency on the cost of debt dilutes during 2010-2013 as the shift to a more market-oriented financial market in Japan occurs. Practical implications Although bank borrowing is important, especially for small firms, non-financial disclosure makes external financing more flexible. Institutional investors concerned about the non-financial aspects of business, therefore, play an important role in mitigating the information asymmetry that exists in the capital market. Originality/value This study extends research on the CSP–cost of capital link by considering structural changes in financial systems (e.g. capital market perception of CSP and banks as delegated monitors).
25
Napathorn, Chaturong. "How do MNCs translate corporate talent management strategies into their subsidiaries? Evidence from MNCs in Thailand." Review of International Business and Strategy 30, no. 4 (October 15, 2020): 537–60. http://dx.doi.org/10.1108/ribs-04-2020-0043.
Full textAbstract:
Purpose This paper aims to contribute to the literature on global talent management by examining how multinational corporations (MNCs) from developed and emerging economies manage talented employees in other emerging economies. Specifically, it aims to understand why MNCs from developed economies are likely to face lower levels of challenge than MNCs from emerging economies when translating corporate-level talent management strategies to their subsidiaries located in emerging economies and how local contextual factors influence the translation processes. Design/methodology/approach This paper undertakes a matched-case comparison of two MNCs, one from a developed economy and the other from an emerging economy, that operate in the emerging economy of Thailand. Evidence was obtained from semi-structured interviews field visits and a review of archival documents and Web resources. Findings Based on the obtained evidence, this paper proposes that MNCs from developed economies tend to face challenges in terms of skill shortages, and these challenges affect their translation of talent management strategies to the subsidiary level. By contrast, MNCs from emerging economies tend to face challenges in terms of both skill shortages and the liability of origin (LOR) (i.e. weak employer branding) in the translation process. Both groups of MNCs are likely to develop talent management practices at the subsidiary level to address the challenge of successfully competing in the context of emerging economies. Research limitations/implications One limitation of this research is its methodology. Because this research is based on a matched-case comparison of an MNC from a developed economy and an MNC from an emerging economy, both of which operate in the emerging economy of Thailand, it does not claim generalizability to all MNCs and to other emerging economies. Rather, the results of this research should lead to further discussion of how MNCs from developed and emerging economies translate corporate-level talent management strategies into subsidiary-level practices to survive in other emerging economies. However, one important issue here is that there may be a tension between the use of expatriates and local top managers at MNCs’ subsidiaries located in other emerging economies as drivers for knowledge sourcing in that the importance of expatriates may diminish over time as the subsidiaries located in those economies age (Dahms, 2019). In this regard, future research in the area of global talent management should pay special attention to this issue. The other important issue here is that it is possible that the two case study MNCs are very different from one another because of their organizational development stage, history and current globalization stage. Thus, this issue may also influence the types of talent management strategies and practices that the two case study MNCs have developed in different countries. In particular, MNCs from emerging economies (ICBC) may not have developed their global HR strategies, as they have not yet operated globally as in the case of MNCs from developed economies (Citibank). This can be another important issue for future research. Additionally, both MNCs examined in this research operate in the banking industry. This study, therefore, omits MNCs that operate in other industries such as the automobile industry and the hotel and resort industry. Future researchers can explore how both groups of MNCs in other industries translate their talent management strategies into practices when they operate in other emerging economies. Moreover, this study focuses only on two primary contextual factors, the skill-shortage problem and LOR; future research can explore other local contextual factors, such as the national culture, and their impact on the translation of talent management strategies into practices. Furthermore, quantitative studies that use large sample sizes of both groups of MNCs across industries might be useful in deepening our understanding of talent management. Finally, a comparison of talent management strategies and practices between Japanese MNCs and European MNCs that operate in Thailand would also be interesting. Practical implications The HR professionals and managers of MNCs that operate in emerging economies or of companies that aim to internationalize their business to emerging economies must pay attention to local institutional structures, including national skill formation systems, to successfully implement talent management practices in emerging economies. Additionally, in the case of MNCs from emerging economies, HR professionals and managers must understand the concept of LOR and look for ways to alleviate this problem to ensure the success of talent management in both developed economies and other emerging economies. Social implications This paper provides policy implications for the government in Thailand and in other emerging economies where the skill-shortage problem is particularly severe. Specifically, these governments should pay attention to solving the problem of occupation-level skill shortages to alleviate the severe competition for talented candidates among firms in the labor market. Originality/value This paper contributes to the prior literature on talent management in several ways. First, this paper is among the first empirical, qualitative papers that aim to extend the literature on global talent management by focusing on how MNCs from different groups of countries (i.e. developed economies and emerging economies) manage talented employees in the emerging economy of Thailand. Second, this paper demonstrates that the institutional structures of emerging economies play an important role in shaping the talent management practices adopted by the subsidiaries of MNCs that operate in these countries. In this regard, comparative institutionalism theory helps explain the importance of recognizing institutional structures in emerging economies for the purpose of developing effective talent management practices. Finally, there is scarce research on talent management in the underresearched country of Thailand. This study should, therefore, assist managers who wish to implement corporate-to-subsidiary translation strategies in Thailand and other emerging economies.
26
Kanno, Masayasu. "Assessing Systemic Risk Based on Interbank Exposures in the Japanese Banking System." SSRN Electronic Journal, 2014. http://dx.doi.org/10.2139/ssrn.2482075.
Full text
27
Pollard, Dennis, and Shirley Chuo. "Japan Banking Inc.: Problems, Solutions, And Implementation: An Economic And Cultural Perspective." International Business & Economics Research Journal (IBER) 4, no. 10 (February 22, 2011). http://dx.doi.org/10.19030/iber.v4i10.3629.
Full textAbstract:
The focus of this paper is to obtain a realistic estimate of real Japanese Bank Losses. The insights gained will include: Factors contributing to bad loans, method of disposal of bad loans, future prescriptions regarding the Early Warning System/Diversion Process will be put forth and conclusions for future economic methods to monitor guide turnaround.
28
"Japanese Government's Reforms Fail to Assuage Financial Markets or Voters: Hashimoto Resigns After Election; Obuchi Chosen as Successor." Foreign Policy Bulletin 9, no. 5 (September 1998): 44–52. http://dx.doi.org/10.1017/s1052703600000046.
Full text
29
"The world economy." National Institute Economic Review 165 (July 1998): 3. http://dx.doi.org/10.1177/002795019816500102.
Full textAbstract:
•The Asia crisis will cut world trade growth by over a third in 1998.•The Japanese economy will contract by 1 per cent this year, prolonging the slump in the worst affected parts of South-East Asia.•A strong monetary stimulus and a restoration of confidence in the banking system are required to stimulate demand in Japan.•The risk of a Chinese devaluation has risen.•The EU will be the strongest performing region in the OECD in 1999 with growth of just over 2.5 per cent.•US consumer price inflation will rise sharply in 1999.