The Impacts of Financial Deregulation upon Trading Efficiency and the Levels of Risk and Return of Japanese Banks
Japanese banks are very large and were rigidly controlled until financial deregulation began in the late 1970s. This paper measures the impact of deregulation upon the trading efficiency and the levels of risk and return of the largest twenty-seven listed Japanese banks. The authors found that, as the pace of deregulation increased, there were significant increases in trading efficiency, as well as in the levels of returns and risks. With deregulation , the Japanese banking system, which contains the largest banks in the world, has become less protected and more vulnerable to the discipline of market movements. Copyright 1988 by MIT Press.
To our knowledge, this item is not available for
download. To find whether it is available, there are three
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
Volume (Year): 23 (1988)
Issue (Month): 3 (August)
|Contact details of provider:|| Web page: http://www.easternfinance.org/|
More information through EDIRC
|Order Information:||Web: http://www.blackwellpublishing.com/subs.asp?ref=0732-8516|