我が国株式時価発行金融(1969-1989)から何を学ぶか
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概要
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Japanese corporations got a lot of money from stock markets all over the world during the prosperous period of 1969-1989. This paper discusses some problems arising from the process of new equity public financing. Among them, the most important problem was insufficient dividends. Many corporations were earning a great deal of income then, but did not pay out sufficient dividends and finally lost capital market support. Some other comments are also made about equity financing through the overheated capital markets of these years.
- 四国大学の論文
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