Japan's Main Bank System Analysis

(a) Discuss the Main Bank System of Japan.

The formation of Japan's main banking system has a historical background. After the Meiji Restoration in 1868, Japan's banking sector developed greatly. At this time, the government implemented a lenient policy toward the banks. After the "Showa Financial Crisis" in 1927, the government stepped up its restrictions on banking. In 1944 Japan began to implement the "system of designated military financial institutions," which is seen as the rudiment of Japan's main banking system. After World War II, the main banking system played a more and more part in the post-war economic reconstruction and was immediately shaped and developed.

The theoretical basis of the main bank is financial contract theory,

Property rights based on clear combination of industry and finance. Japan's host bank system play a performance based on the clarity of property rights between banks and enterprises. The host bank system is efficient only on the basis of clear property rights.

2. Japan's main bank system is a relationship-based financing. By establishing a long-term and stable financing relationship with the enterprises, the Bank can keep good relationship with enterprises in order to reduce risk and sharing information.

3. Bank-enterprise information sharing. There are two main channels for close cooperation between main banks and enterprises in sharing information: First, to exchange information widely through personnel exchanges. As the main bank-led business-related financing is usually the largest lender and bank shareholder, the exchange of information between people is a good way. Second, the main bank monopoly management of corporate settlement accounts, direct access to corporate information. Business settlement account records all the business transactions, which is very important information to determine the business performance and financial

At the same time, NGOs, with their strong professionalism, have more forward-looking and keen insight into specific public crises and can provide social risk prediction and emergency policy advice.

2. Supervising the government's role of modern crisis management

In essence, the birth and development of non-governmental organizations are mass organizations that are independent of government organizations and enterprise organizations and the main body of social supervision to curb corruption. In the context of the financial crisis, it is a strong supporter and supervisor in coping with crisis policies. It is a strong advocate of restoring the normal economic order. Non-governmental organizations and their public opinion representatives are able to participate in the process while also demarcating government power and restricting the abuse of government-imposed power.

3. To assist government organizations to provide