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このアイテムの引用には次の識別子を使用してください: http://hdl.handle.net/10114/1675

タイトル: Corporate Finance and the Asian Bond Market
著者: Nagano, Mamoru
キーワード: Corporate Finance
Bond Issuance
East Asia
発行日: 2008-3
出版者: The Institute of Comparative Economic Studies, Hosei University
抄録: Firms in East Asia have extremely polarized funding patterns. Those that play a central role in national development policies have easy access to markets for external funds, while newly established firms face difficulties in accessing these markets due to the existence of substantial information asymmetry. This paper discusses the development of the infomediary industry in bond markets and the improvement of legislative procedures for liquidation, which are necessary for the future development of bond markets. The paper argues that East Asian corporate bond markets have implicitly imposed three requirements on corporate bond issuers entering the market.
URI: http://hdl.handle.net/10114/1675
ISSN: 09111247
出現コレクション:Journal of International Economic Studies


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