This paper explores a financial role of Japanese general trading companies (GTCs), which act as a central point in a distribution network among group firms. I examine Meltzer’s conjecture, which holds that financially strong companies like GTCs increase trade receivables and reduce trade payables to shield their trading partners from a monetary squeeze. First, I investigate the trade credit gra...

Japan has experienced a deep and prolonged banking crisis in the 1990s. In this paper we attempt to identify the characteristics of companies which have the most to lose from the banks’ malaise. Using stock price data, we calculate abnormal returns of non-financial companies around significant dates in the history of the banking crisis, starting in 1995. The events we study include various gove...

The government's efforts to overcome the difficulties of micro, small and medium enterprises (MSMEs) regarding funding have collided with collateral problems (the banking sector), namely financing institutions. Financing institutions are believed be one way companies that do not sufficient assets as for proposed bank loans. One friends entrepreneurs is venture capital or Venture Capital. In gen...

We examine and compare the role of China’s financial system in supporting the growth of firms and the economy with that in other countries, and explore directions of future development. First, we find that the current financial system is dominated by a large but inefficient banking sector. Reducing the amount of non-performing loans among the major banks to normal levels is the most important o...

This paper considers the impact of full Islamic shari’ya compliance on developing stock exchanges in their effective provision of development capital. Evidence from a unique study focussing on the Sudan telecommunications company and its listings on the Khartoum as well as Arabian Gulf stock exchanges reveals that costs of capital are considerably higher in the former than latter markets. While...

Purpose – The purpose of this study is to examine the effect a credit portfolio diversification strategy on risk bad loans in Islamic banking Indonesia for 2018-2022 period.
 Design/methodology/approach Exogenous variables include based contract and type usage. Meanwhile, endogenous variable banking. loan use calculated using Herfindahl-Hirschman Index (HHI). uses Non Performing Financing ...

Law plays a different role in China’s financial system than in most developed economies. China’s financial system is dominated by a large banking sector. The role of the stock market in allocating resources in the economy has been limited and ineffective. The most successful part of the financial system, in terms of supporting the growth of the overall economy, is a shadow banking sector that c...

Financial distress is a condition in which company faces financial difficulties. One of the causes banking that banks do not comply with or capital adequacy ratio set by regulator and are unable to manage risk financing has been disbursed. The purpose this study was determine factors influence at Bank Mumalat. This type research quantitative research. While data collection techniques used docum...