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The Position of Banks and Securities Companies in the Japanese Financial Market and Its Effect on International Capital Flows
| Content Provider | Scilit |
|---|---|
| Author | Dosse, Christiane |
| Copyright Year | 2018 |
| Description | After the Second World War, the Japanese authorities made arrangements to ensure that capital was distributed in the best interests of the nation. The limits applying to international capital movements on the Japanese financial market have been more the result of exchange control measures than of restrictions imposed on the activities of foreign financial institutions in Japan. The banks are the main shareholders of the major securities companies. The Securities and Exchange Law, which was patterned after the United States system, came into force in May 1948. Under that law, only securities companies had the right to have the shares and bonds of private companies admitted to the stock exchange listing and to buy or sell them. The granting of a security trading license involves a lengthy and complex process and gives the Japanese Finance Ministry the right to do a full audit of the accounts not only of the securities branch but also of the parent company. Book Name: Japan's Response to Crisis and Change in the World Economy |
| Related Links | https://api.taylorfrancis.com/content/chapters/edit/download?identifierName=doi&identifierValue=10.4324/9781315626475-8&type=chapterpdf |
| Ending Page | 151 |
| Page Count | 21 |
| Starting Page | 131 |
| DOI | 10.4324/9781315626475-8 |
| Language | English |
| Publisher | Informa UK Limited |
| Publisher Date | 2018-10-24 |
| Access Restriction | Open |
| Subject Keyword | Book Name: Japan's Response To Crisis and Change in the World Economy Finance History and Philosophy of Science Securities Companies Exchange Financial Market International Capital Japanese Financial |
| Content Type | Text |
| Resource Type | Chapter |
