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Japan

Group Accounts
  • Terumi Takita
  • Kenji Yumoto

Abstract

In Japan, the systematization of group accounts occurred much later than in Europe and America. The main reason for this was the policy of the General Headquarters of the United Nations of democratization, under which the zaibatsu (see IV. 1) were dissolved and private monopolies were outlawed. Since the establishment of simple holding companies was prohibited, there was little need for group accounts.

Keywords

Business Group Parent Company Foreign Subsidiary Equity Method Group Account 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Palgrave Macmillan, a division of Macmillan Publishers Limited 1995

Authors and Affiliations

  • Terumi Takita
  • Kenji Yumoto

There are no affiliations available

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