In this volume, specialists from traditionally separate areas in economics and finance investigate issues at the conjunction of their fields. They argue that financial decisions of the firm can affect real economic activity—and this is true for enough firms and consumers to have significant aggregate economic effects. They demonstrate that important differences—asymmetries—in access to information between "borrowers" and "lenders" ("insiders" and "outsiders") in financial transactions affect investment decisions of firms and the organization of financial markets. The original research emphasizes the role of information problems in explaining empirically important links between internal finance and investment, as well as their role in accounting for observed variations in mechanisms for corporate control.
Many developing countries have little choice but to “buy into English” as a path to ideological and material betterment.
Based on extensive fieldwork in Slovakia, Prendergast assembles a rich ethnographic study that records the thoughts, aspirations, and concerns of Slovak nationals, language instructors, journalists, and textbook authors who contend with the increasing importance of English to their rapidly evolving world. She reveals how the use of English in everyday life has becomes suffused with the terms of the knowledge and information economy, where language is manipulated for power and profit.
Buying into English presents an astute analysis of the factors that have made English so prominent and yet so elusive, and a deconstruction of the myth of guaranteed viability for new states and economies through English.
Planned and designed by a leading Tokyo lawyer and several American practitioners and scholars, Law and Investment in Japan introduces both Japanese law and the strategic issues that arise in cross-border transactions. Centered around the details of an actual joint venture between the U.S. and Japan, the book combines materials from the transaction itself with cases, statutes, and background data.
This new second edition reflects recent changes in the law and new directions in scholarly research.
The chemical industry was Japan's first "high-tech" industry, and its companies the most important examples of a noteworthy business structure in the prewar period, the so-called "new zaibatsu."
Molony deals with one branch of the chemical industry--electrochemicals--with shorter descriptions of related branches. At the hear of the book is the story of Noguchi Jun, founder of Japan Nitrogenous Fertilizers (Nippon Chisso Hiryō) and one of Japan's best known twentieth-century entrepreneurs. Noguchi's firm developed from a fertilizer company to a multifaceted company producing a wide range of technologically sophisticated products while he forged ties with civilian and military leaders in Japan and Korea who controlled access to capital and to the hydroelectricity needed for chemical manufacture. The book also treats the second and third waves of investment and electrochemicals during the 1920s and 1930s.
This study analyzes the nature of prewar Japanese entrepreneurship, the links between technology and investment, the emergence of a class of scientific managers, and the relationship of business strategy to imperialism in the years leading up to World War II.
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