Japanese Banks in the UK Project Finance Market: Observations through Social Network Analysis

Masaki Yamaguchi

This study investigates the market position of Japanese banks in the UK project finance market. To this end, this study employs social network analysis, which enables us to understand the types of communities existing in the market and the characteristics of the networks constructed by Japanese banks. This study uses the data of the UK project finance transactions conducted in 2014. The main results indicate the existence of three groups in the market. All the Japanese banks belong to the largest group and play a central role in this group. The relationship strength of this group is stronger than those of the other two groups for several indices. The above-mentioned features of the network formed by the Japanese banks strengthen their competitiveness in the market.

DOI : https://doi.org/10.21102/jbpr.2017.12.122.07