Includes bibliographical references (p. 255-280) and index
内容説明・目次
内容説明
Detailed and factual information about the domestic and international competitive position of major Japanese banks and securities is presented in this volume. The book provides vast coverage of available literature on the subject in the Japanese, German and English languages. This is further complemented by extensive interviews with industry experts in Japan and officials of the Japanese Ministry of Finance. The book investigates whether Japan and its financial institutions provide international liquidity to the rest of the world in its own currency. The dramatic expansion of Japanese banks and securities companies in Europe is examined in detail. The book focuses upon the organizational aspects of their presence and reviews their market strategies and performance. The explanation for their dramatic expansion is found in the competitive advantages available to them and the favourable macroeconomic conditions prevailing in Japan during the 1980s. A regression model of the Japanese banks' expansion in Europe and two case studies of the Japanese financial presence in Europe reinforce the findings of the study.
目次
Part 1 Introduction: financial institutions as multinationals - a survey of the literature
objectives of the study
research methodology
plan of the study. Part 2 The Japanese financial system - a domestic and international perspective: basic characteristics of the Japanese financial system
internationalization of the Japanese financial system
the emerging shape of the Japanese finance system
summary and conclusions. Part 3 International financial intermediation by Japan and its financial institutions: the concept of international financial intermediation
international financial intermediation by Japan
Japan's long-term capital account
Japan's short-term capital account
international financial intermediation by Japan and Germany - a comparative analysis
implications of international financial intermediation by Japan
summary and conclusions. Part 4 The Japanese banking presence in Europe: evolution of Japanese banks as multinationals
the foreign banking presence in Europe
organizational aspects of the Japanese banking presence in Europe
operational focus, strategies and peformance of Japanese banks in Europe
Japanese banks and the challenge of an integrated European banking market after 1992
summary and conclusions. Part 5 Japanese securities companies in Europe: multinationalization of securities firms
organizational characteristics of Japanese securities companies in Europe, activities, strategies and performance in Europe
the investment services industry in Europe after 1992 and Japanese securities companies
summary and conclusions. Part 6 International competitiveness of Japanese financial institutions: global position of Japanese banks
global position of Japanese securities companies
sources of competitive advantage for Japanese financial institutions
summary and conclusions. Part 7 Determinants of the Japanese banks' overseas expansion - evidence from the European Union: factors influencing the Japanese financial presence overseas
modelling the determinants of the Japanese banks' expansion in the EU
prognostic value and limitations of the model. Part 8 Two case studies on the Japanese financial presence in Europe: case study 1 - Japanese financial institutions in the United Kingdom
case study 2 - Japanese financial institutions in Germany