Hideaki Inoue()
研究領域:
研究・専門分野
関連カテゴリ
The decline of stock cross-holding among companies has been attributed to many factors,including: the floundering post-bubble stock market, which has revealed the inherent risk ofstockholding; stricter management accountability based on corporate governance concepts;and the shift to new financial accounting standards that require consolidated reporting andmarket valuation.
Our annual survey of stock cross-holding among companies listed on Japan’s stockexchanges, conducted at the end of March 1999, found that companies are dissolving theirstock cross-holdings at an increasingly rapid pace. This paper briefly describes the surveyfindings.
研究領域:
研究・専門分野