IDEAS home Printed from https://ideas.repec.org/a/taf/apeclt/v12y2005i7p425-429.html
   My bibliography  Save this article

Can Japan avert any future banking crisis?

Author

Listed:
  • Monzur Hossain

Abstract

This paper suggests that the weaknesses of corporate governance are enough to explain the Japanese banking crisis in the 1990s. Bank size and lack of operating and management efficiency contributes to low return, thereby lead to the failure of the banks. Emergence and burst of the bubble in the late 1980s just accelerated the situation to an early crisis in the 1990s.

Suggested Citation

  • Monzur Hossain, 2005. "Can Japan avert any future banking crisis?," Applied Economics Letters, Taylor & Francis Journals, vol. 12(7), pages 425-429.
    • Handle: RePEc:taf:apeclt:v:12:y:2005:i:7:p:425-429
    DOI: 10.1080/13504850500109840
    as

    Download full text from publisher

    File URL: http://www.informaworld.com/openurl?genre=article&doi=10.1080/13504850500109840&magic=repec&7C&7C8674ECAB8BB840C6AD35DC6213A474B5
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/13504850500109840?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Maudos, Joaquin & Pastor, Jose M. & Perez, Francisco & Quesada, Javier, 2002. "Cost and profit efficiency in European banks," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 12(1), pages 33-58, February.
    2. Kiefer, Nicholas M, 1988. "Economic Duration Data and Hazard Functions," Journal of Economic Literature, American Economic Association, vol. 26(2), pages 646-679, June.
    3. Martin, Daniel, 1977. "Early warning of bank failure : A logit regression approach," Journal of Banking & Finance, Elsevier, vol. 1(3), pages 249-276, November.
    4. Joaquin Maudos & Jose Pastor, 2001. "Cost and profit efficiency in banking: an international comparison of Europe, Japan and the USA," Applied Economics Letters, Taylor & Francis Journals, vol. 8(6), pages 383-387.
    5. Shahidur Rahman & Lian Hwa Tan & Ooi Lyn Hew & Yih San Tan, 2004. "Identifying Financial Distress Indicators of Selected Banks in Asia," Asian Economic Journal, East Asian Economic Association, vol. 18(1), pages 45-57, March.
    6. Yuzo Honda, 2002. "The effects of the Basle accord on bank credit: the case of Japan," Applied Economics, Taylor & Francis Journals, vol. 34(10), pages 1233-1239.
    7. Amy Basile & Joseph Joyce, 2001. "Asset bubbles, monetary policy and bank lending in Japan: an empirical investigation," Applied Economics, Taylor & Francis Journals, vol. 33(13), pages 1737-1744.
    8. Hoshi, Takeo, 2001. "What Happened to Japanese Banks?," Monetary and Economic Studies, Institute for Monetary and Economic Studies, Bank of Japan, vol. 19(1), pages 1-29, February.
    9. M. Konishi & Y. Yasuda, 2003. "Evidence on a cause of Japan's prolonged banking crisis," Applied Economics Letters, Taylor & Francis Journals, vol. 10(13), pages 853-855.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Hossain, Monzur & Rafiq, Farhana, 2011. "Asset Price Bubble and Banks: The Case of Japan," Bangladesh Development Studies, Bangladesh Institute of Development Studies (BIDS), vol. 34(1), pages 23-38, March.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Hossain, Monzur, 2004. "Did The Asset Price Bubble Matter For Japanese Banking Crisis In The 1990s?," MPRA Paper 24738, University Library of Munich, Germany.
    2. Jose Pastor & Lorenzo Serrano, 2006. "The Effect of Specialisation on Banks' Efficiency: An International Comparison," International Review of Applied Economics, Taylor & Francis Journals, vol. 20(1), pages 125-149.
    3. José Luis Gallizo & Jordi Moreno & Manuel Salvador, 2015. "European banking integration: is foreign ownership affecting banking efficiency?," Journal of Business Economics and Management, Taylor & Francis Journals, vol. 16(2), pages 340-368, April.
    4. Rakesh Mohan, 2005. "Reforms, Productivity, and Efficiency in Banking: The Indian Experience," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 44(4), pages 505-538.
    5. Fotios Pasiouras, 2008. "International evidence on the impact of regulations and supervision on banks’ technical efficiency: an application of two-stage data envelopment analysis," Review of Quantitative Finance and Accounting, Springer, vol. 30(2), pages 187-223, February.
    6. Maghyereh, Aktham I. & Awartani, Basel, 2014. "Bank distress prediction: Empirical evidence from the Gulf Cooperation Council countries," Research in International Business and Finance, Elsevier, vol. 30(C), pages 126-147.
    7. J. W. B. Bos & M. Koetter, 2011. "Handling losses in translog profit models," Applied Economics, Taylor & Francis Journals, vol. 43(3), pages 307-312.
    8. Karina ALVES & Aquiles KALATZIS & Alberto BORGES MATIAS, 2009. "Survival Analysis of Private Banks in Brazil," EcoMod2009 21500002, EcoMod.
    9. Barbara Casu & Philip Molyneux, 2003. "A comparative study of efficiency in European banking," Applied Economics, Taylor & Francis Journals, vol. 35(17), pages 1865-1876.
    10. Michael O. Nyong, 2017. "Relative Efficiency of Commercial Banks in Nigeria: A Nonparametric Mathematical Optimization Analysis," Noble International Journal of Economics and Financial Research, Noble Academic Publsiher, vol. 2(2), pages 27-49, February.
    11. Arena, Marco, 2008. "Bank failures and bank fundamentals: A comparative analysis of Latin America and East Asia during the nineties using bank-level data," Journal of Banking & Finance, Elsevier, vol. 32(2), pages 299-310, February.
    12. repec:erf:erfstu:78 is not listed on IDEAS
    13. Jacob A. Bikker & Jaap W.B. Bos, 2005. "Trends in Competition and Profitability in the Banking Industry: A Basic Framework," SUERF Studies, SUERF - The European Money and Finance Forum, number 2005/2 edited by Morten Balling, April.
    14. Koetter Michael, 2008. "An Assessment of Bank Merger Success in Germany," German Economic Review, De Gruyter, vol. 9(2), pages 232-264, May.
    15. Renneboog, L.D.R. & Simons, T., 2005. "Public-to-Private Transactions : LBOs, MBOs, MBIs and IBOs," Other publications TiSEM 3b76799c-591c-4d22-b126-a, Tilburg University, School of Economics and Management.
    16. Tom Coupé & Valérie Smeets & Frédéric Warzynski, 2006. "Incentives, Sorting and Productivity along the Career: Evidence from a Sample of Top Economists," The Journal of Law, Economics, and Organization, Oxford University Press, vol. 22(1), pages 137-167, April.
    17. Suzan Hol, 2006. "The influence of the business cycle on bankruptcy probability," Discussion Papers 466, Statistics Norway, Research Department.
    18. Sheedy, Kevin D., 2010. "Intrinsic inflation persistence," Journal of Monetary Economics, Elsevier, vol. 57(8), pages 1049-1061, November.
    19. Dekkers, G.J.M., 1994. "The private sector versus the government : A four-state labour market transition model," WORC Paper 94.07.033/2, Tilburg University, Work and Organization Research Centre.
    20. de Walque, Damien, 2007. "How does the impact of an HIV/AIDS information campaign vary with educational attainment? Evidence from rural Uganda," Journal of Development Economics, Elsevier, vol. 84(2), pages 686-714, November.
    21. Santiago Carbó Valverde & David Humphrey & Rafael López del Paso, 2007. "Opening the black box: Finding the source of cost inefficiency," Journal of Productivity Analysis, Springer, vol. 27(3), pages 209-220, June.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:apeclt:v:12:y:2005:i:7:p:425-429. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/RAEL20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.