Fiscal Frameworks and Financial Systems in East Asia: How Much Do They Matter?

Edited by Wendy Dobson

© 1998

This volume addresses the two key financing constraints that firms must face: taxation and finance. The taxation analysis focuses on how tax systems in selected Asian economies affect growth and the relative competitiveness of foreign and domestic enterprises. It outlines key features of the systems and provides a set of guidelines for potential foreign investors as to how these systems compare with each other (and with those in Canada and the United States) and predict future developments (including financial innovation and the internet).

The study of financial frameworks focuses on corporate finance and analyzes the relationship between financing patterns and the level of development of securities markets and financial liberalization in the region. It focuses on the issue of how firms finance investments and the extent to which they depend on retained earnings and funding obtained through the market.

Both studies include Japan, China, Hong Kong, Taiwan, Singapore, Korea, Indonesia, Malaysia, Thailand and Philippines. Both also consider the implications of taxation for savings and investment flows in domestic economies and across borders-and the implications of public sector demand for savings for corporate financing constraints.

Continue Reading Read Less

Product Details

  • Series: HSBC Bank Canada Papers on Asia
  • Division: Scholarly Publishing
  • World Rights
  • Page Count: 198 pages
  • Dimensions: 5.9in x 0.5in x 9.0in
Product Formats

SaveUP TO 9239

Book Formats

SKU# SP001110

  • PUBLISHED NOV 1998

    From: $20.96

    Regular Price: $27.95

    ISBN 9780802082299
  • PUBLISHED OCT 1998

    From: $20.21

    Regular Price: $26.95

Quick Overview

This volume addresses the two key financing constraints that firms must face: taxation and finance. The taxation analysis focuses on how tax systems in selected Asian economies affect growth. The study of financial frameworks focuses on corporate finance.

Fiscal Frameworks and Financial Systems in East Asia: How Much Do They Matter?

Edited by Wendy Dobson

© 1998

This volume addresses the two key financing constraints that firms must face: taxation and finance. The taxation analysis focuses on how tax systems in selected Asian economies affect growth and the relative competitiveness of foreign and domestic enterprises. It outlines key features of the systems and provides a set of guidelines for potential foreign investors as to how these systems compare with each other (and with those in Canada and the United States) and predict future developments (including financial innovation and the internet).

The study of financial frameworks focuses on corporate finance and analyzes the relationship between financing patterns and the level of development of securities markets and financial liberalization in the region. It focuses on the issue of how firms finance investments and the extent to which they depend on retained earnings and funding obtained through the market.

Both studies include Japan, China, Hong Kong, Taiwan, Singapore, Korea, Indonesia, Malaysia, Thailand and Philippines. Both also consider the implications of taxation for savings and investment flows in domestic economies and across borders-and the implications of public sector demand for savings for corporate financing constraints.

Continue Reading Read Less

Product Details

  • Series: HSBC Bank Canada Papers on Asia
  • Division: Scholarly Publishing
  • World Rights
  • Page Count: 198 pages
  • Dimensions: 5.9in x 0.5in x 9.0in
  • Author Information

    Wendy Dobson is Professor and Director, Centre for International Business, University of Toronto.

By the Same Author(s)