Current Business and Legal Issues in Japan's Banking and Finance Industry

This book is the 2nd edition of the author's earlier book with the same title. It contains additional five chapters that are added to reflect the most recent changes in the economy and law in Japan.At a time when foreign interest in the current Japanese market and economy is significant and becoming increasingly prominent, Japanese corporate behavior and practices are two potentially confusing areas for international businessmen, accountants and lawyers. This book features numerous insights into Japanese perspectives on finance, law and business, based on the author's expertise in these three areas. As the data provided in this book is pertinent to understanding Japanese laws and business practices, this text will be of great interest to foreign companies aspiring to be successful in Japan. Contents: The Tokyo International Capital Market for Foreign Issuers and Required Disclosure; Japan's Big Bang Reform; Banks and Bad Loans in Japan; Disclosure Principle in Japan; Sales Recognition in Japan and the US – Possibility of Adopting International Accounting Standard in Japan; The Japanese Issues and Perspective on the Convergence of International Accounting Standards; Shareholders' Action and Director's Responsibility in Japan; A New Trend in Japan's Security Regulations – Efficiency Test of US Laws in the Different Markets; M&A for Foreign Investments in Japan; A Recent Reform of Banking Law – US and Japanese Comparative Study on Creation of Legal System for Banking Agencies; Japanese Shareholders' Lawsuits Concerning Political Donations; Financing Japanese Investments in the United States: Case Studies of a Large and a Medium-Sized Firm; New Japanese-Style Management in a Changing Era; Successful Japanese Management Cases as a Contrarian