Okazaki, Tetsuji; Sawada, Michiru - Institute of Economic Research, Hitotsubashi University - 2011
interlocking. We find that approximately half the banks had at least one connection with another bank through director interlocking … through networks. In addition, networks of director interlocking contributed to the stabilization of the financial system …In this paper, we explore the structure and implications of interbank networks in prewar Japan, focusing on director …
