IDEAS home Printed from https://ideas.repec.org/p/eti/rdpsjp/19064.html
   My bibliography  Save this paper

An Empirical Analysis of Sources and Uses of Corporate Saving (Japanese)

Author

Listed:
  • FUKAO Kyoji
  • IKEUCHI Kenta
  • KIM Young Gak
  • KWON Hyeog Ug

Abstract

This paper analyzed the sources and uses of corporate savings using micro data of the "Basic Survey of Japanese Business Structure and Activities" from 2003 to 2015. The main results are as follows; 1) Before the global financial crisis, large firms increased their corporate savings, but since 2008 small and medium-sized firms have increased their corporate savings. The main source of the increase in corporate savings is the growth of current net income. 2) Since the financial crisis, large firms have increased dividends rather than increased corporate savings. 3) Regardless of firm size, corporate savings were mainly used to accumulate current assets. 4 ) As for the uses of corporate savings, the wholesale and retail industries led the accumulation of current assets and the settlement of debt, rather than the manufacturing industry.

Suggested Citation

  • FUKAO Kyoji & IKEUCHI Kenta & KIM Young Gak & KWON Hyeog Ug, 2019. "An Empirical Analysis of Sources and Uses of Corporate Saving (Japanese)," Discussion Papers (Japanese) 19064, Research Institute of Economy, Trade and Industry (RIETI).
  • Handle: RePEc:eti:rdpsjp:19064
    as

    Download full text from publisher

    File URL: https://www.rieti.go.jp/jp/publications/dp/19j064.pdf
    Download Restriction: no
    ---><---

    More about this item

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eti:rdpsjp:19064. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: TANIMOTO, Toko (email available below). General contact details of provider: https://edirc.repec.org/data/rietijp.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.