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Contemporary Strategic Aspects of Relationship Banking in Japan

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Title: Contemporary Strategic Aspects of Relationship Banking in Japan
Other Titles: Contemporary Strategic Aspects of Relationship Banking in Japan
Authors: Ahmed, Sarwar Uddin / Uchida, Shigeru
Issue Date: 25-Mar-2005
Citation: 長崎大学経済学部研究年報. vol.21, p.49-59; 2005
Abstract: This paper reviews the background and current status of relationship banking in Japan. First, the composition and share of the banking sector in the total financial market are discussed along with the measures taken in the banking sector after the burst of the bubble economy. Second, relationship banking is defined with its merits and demerits. Third, the nature of relationship banking in Japan is argued. Finally, the effects of relationship banking are examined. The evidence from various theoretical and empirical studies has indicated that relationship banking reduces information asymmetry and risk, mitigates liquidity constraints and contributes as rescues in financial distress. However these benefits are often obtained by the firms at the cost of higher rents through higher lending interest rates.
Keywords: relationship banking / corporate governance / information asymmetry / liquidity constraints
URI: http://hdl.handle.net/10069/6889
ISSN: 09108602
Type: Departmental Bulletin Paper
Appears in Collections:Volume 21

Citable URI : http://hdl.handle.net/10069/6889

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