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"item_title" : "Priority Rule Violations and Perverse Banking Behaviors",
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Priority Rule Violations and Perverse Banking Behaviors : Theoretical Analysis and Implications of the 1990s Japanese Loan Markets
by Hiroyuki Seshimo and Fukuju Yamazaki
Overview
Provides theoretical arguments to consistently explain contradictory-appearing Japanese banking behaviors in the 1990s, i.e., the credit crunch and inefficient additional lending
Differs from the typical explanations of the credit crunch that are based mainly on the debt overhang theory or BIS regulation of capital adequacy ratios
Explores the optimal legal rule or scheme for insolvent firms to make efficient investment decisions
This item is Non-Returnable
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Details
- ISBN-13: 9789811058516
- ISBN-10: 9811058512
- Publisher: Springer
- Publish Date: September 2017
- Dimensions: 9.21 x 6.14 x 0.19 inches
- Shipping Weight: 0.32 pounds
- Page Count: 80
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