1st Edition
The Evolution of Corporate Governance in Japan Regulatory Changes, Global Financialization, and Corporate Performance
Contents
Contributors
Preface:
Hideaki Miyajima and Yasuhiro Arikawa
Chapter 1: Overview of the Evolution of Corporate Governance: The Impact of Reforms and the Future of Japanese Firms
Yasuhiro Arikawa, Hideaki Miyajima, and Takuji Saito
Chapter 2: The Bank-Firm Relationship after the Creation of Megabanks
Yasuhiro Arikawa, Hideaki Miyajima, and Ryo Ogawa
Chapter 3: The Role of Foreign Institutional Investors in Corporate Governance
Hideaki Miyajima and Ryo Ogawa
Chapter 4: Employee Stock Ownership in Japan
Takao Kato, Hideaki Miyajima, and Hideo Owan
Chapter 5: Current State and Analysis of Corporate Governance Reforms in Japan: How the “Comply or Explain” Rule Can and Has Changed the Board of Directors System
Wataru Tanaka
Chapter 6: Board Evolution in Japan in the Last 20 Years
Thanh Thi Phuong Nguyen, Katsuyuki Kubo, and Hanh Minh Thai
Chapter 7: The Effects of Opening Up All-Insider Boards on Firm Value and CSR: A Study from Japan
Mariko Yasu
Chapter 8: Empirical Analysis of Public-to-Private Management Buyouts of Japanese Companies
Takashi Saito, Takuya Kawanishi, and Shinya Kawamoto
Chapter 9: Private Debt Restructuring and Alternative Dispute Resolution in Japan
Sumio Saruyama and Xu Peng
Chapter 10: Have Large Firms in Japan Become More Likely to Have Fewer Employees?
Katsuyuki Kubo
Chapter 11: Agency Hazards and the Value of Corporate Diversification in Japan
Tatsuo Ushijima
Chapter 12: Corporate Governance and Financial Misconduct: Is Corporate Governance Reform Effective？
Hidetaka Aoki
Chapter 13: Impact of Organizational Culture on Corporate Fraud: Quantitative Empirical Research Using Text Mining of Corporate Philosophies
Yoshimi Shibano
Chapter 14: Corporate Social Responsibility in Context: A Comparative Perspective on Japan
Gregory Jackson and Julia Bartosch
Chapter 15: ESG Investment and Its Impact on Japanese Companies
Naoko Nemoto
Chapter 16: Corporate Governance, Employment, and Financial Performance of Japanese firms: A Cross-Country Analysis.
Yasuhiro Arikawa, Kotaro Inoue, and Takuji Saito
Biography
Hideaki Miyajima is a Professor at Faculty of Commerce, Waseda University and a Faculty Fellow at the Researc Institute of Economy, Trade, and Industry. His work appeared in the Review of Financial Studies and Journal of Banking and Finance. He published several edited volumes such as Corporate Governance in Japan.
Yasuhiro Arikawa is an Associate Professor at the Faculty of Commerce, Waseda University. His research has been published in academic journals such as the Journal of Banking and Finance.
