Perverse rescue in the lost decade: Main banks in the post-bubble era

• Main Author: PUCHNIAK, Dan W.
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2008
• Subjects: Japanese corporate governance; Japanese main banks; free-market theory; law and economics; comparative corporate governance; varieties of capitalism; economic models; Basel Accord; banking crisis; zombie firms; evergreening; ponzi scheme; Asian Studies; Business Organizations Law
• Online Access: https://ink.library.smu.edu.sg/sol_research/3988; https://search.library.smu.edu.sg/discovery/fulldisplay?docid=alma999873402601&context=L&vid=65SMU_INST:SMU_NUI&lang=en&search_scope=Everything&adaptor=Local%20Search%20Engine&tab=Everything&query=any,contains,Corporate%20Governance%20in%20the%2021st%20Century&offset=0
• Institution: Singapore Management University

Two of the most prominent Japanese corporate governance scholars, Professors Miwa and Ramseyer (‘M&R’), have recently published numerous articles and a book setting out their contrarian free-market theory of Japanese corporate governance. According to their theory, contemporary Japanese corporat...