Search Results - subject:"Recapitalization program"

Banks restructuring sonata: How capital injection triggered labor force rejuvenation in Japanese banks

Onji, Kazuki; Osada, Takeshi; Vera, David - Graduate School of Economics, Osaka University - 2014

Divergent interests of bank managers and financial regulators potentially compromise the efficacy of bank rescue operations. This paper analyses an agency problem encountered in a capital injection program implemented in Japan. We hypothesize that the operationfs requirement to downsize lead...

Persistent link: https://www.econbiz.de/10010837090

Banks restructuring sonata : how capital injection triggered labor force rejuvenation in Japanese banks

Osada, Takeshi; Onji, Kazuki; Vera, David - In: The B.E. journal of economic analysis & policy 17 (2017) 2, pp. 1-25

Persistent link: https://www.econbiz.de/10011671311

Capital injection, restructuring targets and personnel management: The case of Japanese regional banks

Onji, Kazuki; Vera, David; Corbett, Jenny - In: Journal of the Japanese and International Economies 26 (2012) 4, pp. 495-517

progress of required personnel downsizing by shifting employees to subsidiaries. This paper asks if the recapitalization … program had a design flaw. We focus on regional banks with a unique panel dataset of 81 banking groups that allows us to …

Persistent link: https://www.econbiz.de/10010594800