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Unstash the Cash!

Corporate Governance Reform in Japan

Unstash the Cash!( )
Author: Aoyagi, Chie
Series title:IMF Working Papers
ISBN:978-1-4983-3224-8
Publication Date:Aug 2014
Publisher:International Monetary Fund
Book Format:Ebook
List Price:Contact Supplier contact
Book Description:

Japan's high corporate savings might be holding back growth. We focus on the causes and consequences of the current corporate behavior and suggest options for reform. In particular, Japan's weak corporate governance--as measured by available indexes--might be contributing to high cash holdings. Our empirical analysis on a panel of Japanese firms confirms that improving corporate governance would help unlock corporate savings. The main policy implication of our analysis is that...
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Book Details
Pages:24
Physical Dimensions (W X L X H):8.5 x 11 Inches



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