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Journal Article
Stock market fundamentals
Conference Paper
Alternative methods of corporate control in commercial banks
Journal Article
Corporate finance in international perspective: legal and regulatory influences on financial system development
In the postwar period, systems of corporate finance and governance have emerged in the United States, Japan, and Germany that are dramatically different from one another. To date, there has been little focus on why. Stephen Prowse argues that differences in three aspects of the legal and regulatory environments in these countries are responsible. First, the severity of legal and regulatory restraints on financial institutions being "active" investors in firms. Second, the degree to which corporate securities markets are suppressed by regulation. Finally, the degree to which securities ...
Journal Article
Government deficits: good, bad or irrelevant?
Conference Paper
Evidence on Japanese corporate ownership
Working Paper
The structure of corporate ownership in Japan
Journal Article
Corporate financing and governance: an international perspective