The structure of the Japanese stock market

被引：0
|
作者：
Yonezawa Y. [1 ,3 ]
Miyake K. [2 ]
机构：
[1] Yokohama National University, Yokohama
[2] Faculty of Business Administration, Yokohama National University, Hodogaya-ku, Yokohama 240
来源：
Asia-Pacific Financial Markets | 1998年 / 5卷 / 1期
关键词：
Bubble; Corporate governance; Japanese stock market; Stock cross-shareholdings;
D O I：
10.1023/A:1009619022370
中图分类号：
学科分类号：
摘要：
The Japanese stock market is characterized by two prominent features. First, stock prices have been extremely volatile over the past ten years. Second, the market is dominated by cross-shareholdings and stagnant individual stock ownership. So, there are two purposes on this paper. The first is to assess the effects of stock cross-holdings on the stock market. The second is to look at recent stock price fluctuations, in the bubble period before 1990 and during the subsequent collapse. It will be recognized that these two features are interrelated. © 1998 Kluwer Academic Publishers.
引用
收藏
页码：1 / 28
页数：27
相关论文
共 50 条
  • [1] News and Market Efficiency in the Japanese Stock Market
    Du, Wenti
    JOURNAL OF BEHAVIORAL FINANCE, 2021, 22 (03) : 306 - 319
  • [2] FUNCTIONS OF THE JAPANESE STOCK-MARKET
    YONEZAWA, Y
    MARU, J
    JAPANESE ECONOMIC STUDIES, 1986, 15 (01): : 42 - 101
  • [3] Strategy switching in the Japanese stock market
    Yamamoto, Ryuichi
    Hirata, Hideaki
    JOURNAL OF ECONOMIC DYNAMICS & CONTROL, 2013, 37 (10): : 2010 - 2022
  • [4] Decomposing the Momentum in the Japanese Stock Market
    Iwanaga, Yasuhiro
    Hirose, Takehide
    Yoshida, Tomohiro
    ASIA-PACIFIC FINANCIAL MARKETS, 2024, 31 (02) : 221 - 250
  • [5] Involuntary delisting in the Japanese stock market
    Park, Jinwoo
    Shiroshita, Kengo
    Sun, Naili
    Park, Yun W.
    MANAGERIAL FINANCE, 2018, 44 (09) : 1155 - 1171
  • [6] International linkages of the Japanese stock market
    Chong, Terence Tai-Leung
    Wong, Ying-Chiu
    Yan, Isabel Kit-Ming
    JAPAN AND THE WORLD ECONOMY, 2008, 20 (04) : 601 - 621
  • [7] Is Stock BBS Content Correlated with the Stock Market?-A Japanese Case
    Maruyama, Ken
    Umehara, Eiichi
    Suwa, Hirohiko
    Ohta, Toshizumi
    2009 IEEE INTERNATIONAL CONFERENCE ON SYSTEMS, MAN AND CYBERNETICS (SMC 2009), VOLS 1-9, 2009, : 4601 - +
  • [8] Time Evolution of Market Efficiency and Multifractality of the Japanese Stock Market
    Takaishi, Tetsuya
    JOURNAL OF RISK AND FINANCIAL MANAGEMENT, 2022, 15 (01)
  • [9] Financial Integration and Japanese Stock market Performance
    Kablan, Sandrine
    Guesmi, Khaled
    ECONOMICS BULLETIN, 2016, 36 (02): : 1064 - +
  • [10] Assessing the risk forecasts for Japanese stock market
    Lee, TH
    Saltoglu, B
    JAPAN AND THE WORLD ECONOMY, 2002, 14 (01) : 63 - 85
12345