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Banking mismanagement as the origin of the financial panic of 1927 in Japan: a case study
| Content Provider | Semantic Scholar |
|---|---|
| Author | Moretto, Marta |
| Copyright Year | 2007 |
| Abstract | In 1927,Japan was hit by a violent financial crisis,which particularly wounded its weak banking system and determined a run on bank all over the country.Among the approximately forty banks which closed during the financial panic, I will here consider the case of the Imabari Commercial Bank,a local bank which worked as kikan ginko (institutional bank)for cotton industries in the Eastern part of Ehime Prefecture. The crisis in the cotton industry in 1926, the strong use of loans without collateral and, above all other reasons, the practice of directorate interlocking determined the destiny of many banks during the financial panic of 1927,a destiny that the Imabari Commercial Bank could also not escape from. |
| Starting Page | 249 |
| Ending Page | 265 |
| Page Count | 17 |
| File Format | PDF HTM / HTML |
| Volume Number | 49 |
| Alternate Webpage(s) | http://koara.lib.keio.ac.jp/xoonips/modules/xoonips/download.php?koara_id=AN00234698-20070100-0249 |
| Alternate Webpage(s) | https://core.ac.uk/download/pdf/56672274.pdf |
| Language | English |
| Access Restriction | Open |
| Content Type | Text |
| Resource Type | Article |
