企業合併と融資シェア調整(1)(特定個人研究)

The main bank relation does not constitute a constant or invariable relation. Given that the purpose of the main bank relation is to faciliate mutual support of status among big businesses and big banks, any transformation in the power relation between big businesses and big banks resulting from industrial reorganization or bank reorganization will inevitably lead to a realignment in the main bank relation. In this sense, there is a real possibility that the large-scale industry reorganization of industries and banks which occured at the end of the 90s will lead to a transformation of an unprecedented scale in the main bank relation. The first observable change in main bank relation surfaces in the from of adjustments in financing shares among major financial institutions. In this paper, We examine the typical business merger of the 60s from the perspective of adjustments made in financing shares among lending banks in the course of the merger. This exercise is undertaken as a preparatory step to the examinatopn of the changes in the main bank relation which developes in the 90s