| Description |
1 online resource (197 pages) |
| Contents |
Preliminaries; Contents; Acknowledgments; 1 Beyond Non performing Assets Abacus Banking; 2 The Rise of Abacus Banking in Japan; 3 The Fall of Abacus Banking in Japan; 4 The Banking Crisis; 5 The Rise of Abacus Banking in China; 6 The Fall of Abacus Banking in China; 7 The Looming Banking Crisis in China; 8 Conclusions; Selected Bibliography; Index |
| Summary |
Bankers in Japan and China are masters of accounting, not risk management, and American-style rescue packages won't solve their banking crises. Cleaning up balance sheets and purging non-performing loans won't work either, say Arayama and Mourdoukoutas. The problem goes deeper. It stems from high growth environments and tight government regulation. The result has been to limit competition in Japan and eliminate it in China. And that led to the control of management behavior, which weakened incentives for Japanese and Chinese bank decision-makers to manage, hands-on, their traditional and nontr |
| Notes |
Print version record |
| Subject |
Banks and banking -- Japan
|
|
Banks and banking -- China
|
|
Banks and banking
|
|
China
|
|
Japan
|
| Form |
Electronic book
|
| Author |
Mourdoukoutas, Panos
|
| ISBN |
9781567507003 |
|
156750700X |
|
