The Performance Implications of Ownership Driven Governance Reform

• Main Authors: YOSHIKAWA, Toru, PHAN, Phillip H.
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2003
• Subjects: Corporate governance; Stakeholder governance; Agency theory; Board of directors; Ownership structure; Business Law, Public Responsibility, and Ethics; Corporate Finance; Entrepreneurial and Small Business Operations
• Online Access: https://ink.library.smu.edu.sg/lkcsb_research/2289; https://ink.library.smu.edu.sg/context/lkcsb_research/article/3288/viewcontent/Ownership_driven_goverance_av.pdf
• Institution: Singapore Management University

This paper explores the performance impact of recent changes in foreign shareholdings and boardroom reforms in Japan. Empirical research on the impact of reform on the Japanese corporate governance system could provide useful lessons for their European counterparts who are themselves facing similar...