SHERP

Japanese Corporate Governance in Transition

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Authors
Tsuru, Kotaro
Issue Date
2000
Publisher
Seoul Journal of Economics
Citation
Seoul Journal of Economics 13 (No. 3 2000): 253-278
Keywords
Japanese Corporate governance; Main bank system; Contingent Mechanism
Abstract
Japanese corporate governance is in transition. Such an institutional change can be an evolutionary and path dependence process, since it may not necessarily follow the same paths taken in other countries. Nor converge to existing models elsewhere. The paper deals with (1) a stylised model of Japanese corporate governance, (2) the current problems of existing mechanisms and some emerging new disciplines and players, and (3) some implications for the future of Japanese corporate governance. Throughout the paper, the two-tier and contingent mechanism will be stressed not only as a traditional Japanes e model but also a more general model of corporate governance.
ISSN
1225-0279
Language
English
URI
http://hdl.handle.net/10371/1209
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College of Social Sciences (사회과학대학)Institute of Economics Research (경제연구소)Seoul Journal of EconomicsSeoul Journal of Economics vol.13(3) (Fall 2000)
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