The Phenomenon of the Japanese Main Banks, a Factor of High Competitiveness of Japanese Businesses

Abstract

It is well known fact that the availability of credit is one of the most important factors of economic development. Particularly this factor is very problematic for Kyrgyz businesses as well as for businesses in some other EAEU countries. In this regard, the phenomenon of the Japanese main banks deserve specific attention as these banks historically played (and still playing) an important role in stimulating Japanese businesses making them highly competitive worldwide.

Keywords

• japan’s economy
• japanese keiretsu
• business groups
• main banks
• corporate governance
• bank financing
• boards of directors