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Management of Japan's Securities Companies

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  • Kiyoshi Nikami

Abstract

Since the mid-1970s, the environment surrounding Japan's securities companies has changed greatly. With the impetus of the Japan-U.S. Yen-Dollar Commission Report, important changes in regulations and institutions were made in conjunction with the following developments: (1) pressure by Western countries demanding the liberalization of Japan's financial and securities markets and the internationalization of the yen; (2) administrative pressure by the Ministry of Finance with the aim of creating a market that is fair and open enough to be accepted internationally.

Suggested Citation

  • Kiyoshi Nikami, 1991. "Management of Japan's Securities Companies," Japanese Economy, Taylor & Francis Journals, vol. 19(3), pages 43-86.
  • Handle: RePEc:mes:jpneco:v:19:y:1991:i:3:p:43-86
    DOI: 10.2753/JES1097-203X190343
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