The Development of Corporate Governance in Japan and Britain

The Development of Corporate Governance in Japan and Britain PDF Author: Etsuo Abe
Publisher: Routledge
ISBN: 1351147188
Category : Business & Economics
Languages : en
Pages : 231

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Book Description
The topic of 'corporate governance' attracts the interest of commentators, policy makers and academics due to its focus on major differences between national business systems and their performance. Yet many works engage in generalizations, and fail to appreciate the realities and circumstances of its long-term evolution. Comparative study is used in this book to analyse national, legal, cultural and industry-specific contexts and the broad range of key factors contributing to the emergence of business institutions. Historical insight into the origins of corporate governance systems and the impact of institutional legacy is used to unravel development pathways in Japan and Britain. The book is the result of genuine international cooperation between established Japanese and British business historians and management academics.

The Development of Corporate Governance in Japan and Britain

The Development of Corporate Governance in Japan and Britain PDF Author: Etsuo Abe
Publisher: Routledge
ISBN: 1351147188
Category : Business & Economics
Languages : en
Pages : 231

Get Book

Book Description
The topic of 'corporate governance' attracts the interest of commentators, policy makers and academics due to its focus on major differences between national business systems and their performance. Yet many works engage in generalizations, and fail to appreciate the realities and circumstances of its long-term evolution. Comparative study is used in this book to analyse national, legal, cultural and industry-specific contexts and the broad range of key factors contributing to the emergence of business institutions. Historical insight into the origins of corporate governance systems and the impact of institutional legacy is used to unravel development pathways in Japan and Britain. The book is the result of genuine international cooperation between established Japanese and British business historians and management academics.

Corporate Governance in Japan

Corporate Governance in Japan PDF Author: N. Demise
Publisher: Springer Science & Business Media
ISBN: 4431309209
Category : Business & Economics
Languages : en
Pages : 122

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Book Description
This book is the result of an international comparative study of corporate governance begun in 2002, and provides analysis of the issue as it applies to management, moral hazards, accounting practices, and the institutional investor from both a Japanese and a global perspective. The study presents a view of the company as an entity that not only maximizes profit for stockholders but that also has a social role to play in maintaining a sustainable society.

A History of Corporate Governance around the World

A History of Corporate Governance around the World PDF Author: Randall K. Morck
Publisher: University of Chicago Press
ISBN: 0226536831
Category : Business & Economics
Languages : en
Pages : 700

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Book Description
For many Americans, capitalism is a dynamic engine of prosperity that rewards the bold, the daring, and the hardworking. But to many outside the United States, capitalism seems like an initiative that serves only to concentrate power and wealth in the hands of a few hereditary oligarchies. As A History of Corporate Governance around the World shows, neither conception is wrong. In this volume, some of the brightest minds in the field of economics present new empirical research that suggests that each side of the debate has something to offer the other. Free enterprise and well-developed financial systems are proven to produce growth in those countries that have them. But research also suggests that in some other capitalist countries, arrangements truly do concentrate corporate ownership in the hands of a few wealthy families. A History of Corporate Governance around the World provides historical studies of the patterns of corporate governance in several countries-including the large industrial economies of Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States; larger developing economies like China and India; and alternative models like those of the Netherlands and Sweden.

Changing Corporate Governance Practices in China and Japan

Changing Corporate Governance Practices in China and Japan PDF Author: M. Nakamura
Publisher: Springer
ISBN: 0230595154
Category : Business & Economics
Languages : en
Pages : 290

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Book Description
A timely evaluation of rapidly globalizing governance mechanisms in China and Japan. This book looks at how corporate governance practices in these countries are adapting to Anglo-American practices, but argues that these adaptations are selective, and both countries continue to retain their own local corporate governance practices in some areas.

Corporate Governance in Japan

Corporate Governance in Japan PDF Author: Masahiko Aoki
Publisher: OUP Oxford
ISBN: 0191536385
Category : Business & Economics
Languages : en
Pages : 480

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Book Description
Debates regarding corporate governance have become increasingly important in Japan as the post-war model of bank-based, stakeholder-oriented corporate governance faces the new pressures associated with globalization and growing investor demands for shareholder value. Bringing together a group of leading scholars from economics, law, sociology and management studies, this book looks at how the Japanese approach to corporate governance and the firm have changed in the post-bubble era. The contributions offer a unique empirical exploration of why and how Japanese firms are reshaping their corporate governance arrangements, leading to greater diversity among firms and new 'hybrid' forms of corporate governance. The book concludes by looking at what effect these incremental but transformative changes may have on Japan's distinctive variety of capitalism.

Corporate Governance

Corporate Governance PDF Author: Simon Learmount
Publisher: Oxford University Press
ISBN: 0199252912
Category : Business & Economics
Languages : en
Pages : 190

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Book Description
This text examines thinking on corporate governance by way of a detailed study of the governance practices of 14 Japanese companies. It suggests that mainstream conceptualizations of corporate governance are inadequate, failing to account for the actual way the companies are controlled.

Corporate Governance System Of Japanese Multinational Companies: A Quantitative Evaluation

Corporate Governance System Of Japanese Multinational Companies: A Quantitative Evaluation PDF Author: Dipak R Basu
Publisher: World Scientific
ISBN: 9813276096
Category : Business & Economics
Languages : en
Pages : 157

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Book Description
The purpose of this book is to study an unexplored area of corporate governance. The authors examine whether the corporate governance system can be affected by organizational culture, leader culture, and the operations management system in general. In addition, they study how a specific corporate governance system can affect the organizational culture and operations management system and create a different type of leader culture. This is an in-depth study of Japanese multinational companies and a comparison of their corporate governance system at home (in Japan) and in host countries like Britain, India, and Thailand.The authors conducted a series of in-depth interviews with the senior executives of major Japanese multinational companies to construct quantitative models for Japan, Thailand and India, and to analyze the aforementioned propositions.

Handbook on International Corporate Governance

Handbook on International Corporate Governance PDF Author: Chris A. Mallin
Publisher: Edward Elgar Publishing
ISBN: 1847201741
Category : Business & Economics
Languages : en
Pages : 273

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Book Description
This major Handbook provides a comprehensive analysis of the development of corporate governance across a range of countries including Australia, Germany, India, Italy, Japan, Poland, Russia, South Africa, Spain, Turkey and the UK. Whilst the stage in the corporate governance life cycle may vary from country to country, there are certain core features which emerge such as the importance of transparency, disclosure, accountability of directors and protection of minority shareholders rights. With contributions by leading academics and practitioners in the field of corporate governance, the Handbook on International Corporate Governance provides an eloquent insight into the evolution of corporate governance in countries with diverse cultural, economic and legal systems.

Corporate Governance in an International Perspective

Corporate Governance in an International Perspective PDF Author: Stephen Prowse
Publisher:
ISBN:
Category : Business planning
Languages : en
Pages : 94

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Book Description


Corporate Governance and Corporate Behavior in Japan

Corporate Governance and Corporate Behavior in Japan PDF Author: Masaharu Hanazaki
Publisher: Springer
ISBN: 4431560068
Category : Business & Economics
Languages : en
Pages : 88

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Book Description
This book carefully examines the effects of changes in the corporate governance structure on corporate behavior or company performance, using micro-data from listed companies in Japan. The author found that in Japan the introduction of stock options had neither a positive impact on profitability nor the negative side effects of promoting risk-taking behaviors. Furthermore, he found that corporate diversification and division of corporations showed negative impacts on profitability. The corporate governance structure of Japan has exhibited a large change from the second half of the 1990s to the present. There have been institutional reforms involving enterprise law, such as the introduction of stock options and the removal of the ban on holding companies. With respect to the ownership structure of a company, discernible trends are that the equity holdings of financial institutions and business corporations have fallen while the presence of foreign stockholders has risen. These trends are often pointed out as signs that the Japanese corporate governance structure has been approaching the American model and that this will energize Japanese firms. The author contradicts common academic theories, however, and concludes that the formation of the corporate governance which emphasizes the agency problem between shareholders and corporate managers is inadequate. He suggests that an institutional arrangement for a corporate governance system that values a variety of stakeholders' interests is greatly needed and concludes that perspectives on maximizing surplus values for various stakeholders and distributing the surpluses appropriately among the stakeholders will become increasingly important for the purpose of managing corporations.