Stable shareholdings and Japan's bubble
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Stewart Johnston; Lynn McAlevey
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Article
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1998
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John Wiley and Sons
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English
⚖ 61 KB
This is an exploratory study aimed at establishing the existence of a strategy utilized by large Japanese industrial groups to protect themselves against external threats. A measure is developed to assess the stability of the top 10 shareholders of 134 leading companies in the six Japanese industria