We examine why independent securities companies and bank subsidiary securities companies can coexist as underwriters in the Japanese corporate bond market in a period when the main bank system is very important in the Japanese financial system. Wh...
C. R. McKenzie   Sumiko Takaoka   
MATHEMATICS AND COMPUTERS IN SIMULATION 93 86-97 2013年7月 [査読有り]
The purpose of this paper is to examine the role of reputation in the matching of lead underwriters and issuing firms in the straight corporate bond market in Japan. While the existing literature already investigates how the issuing firm chooses i...
C. R. McKenzie   Sumiko Takaoka   
19TH INTERNATIONAL CONGRESS ON MODELLING AND SIMULATION (MODSIM2011) 1471-1477 2011年 [査読有り]
The purpose of this paper is to examine the role of reputation in the matching of underwriters and issuing firms in the straight corporate bond market in Japan. While the existing literature already investigates how the issuing firm chooses its un...