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This paper estimates the determinants of appointments of 'outsiders' -- directors previously employed by banks or other non-financial firms -- to the boards of large (non-financial) Japanese companies. Appointments of both types of 'outsiders' increase with poor stock performance; those of bank...
Persistent link: https://www.econbiz.de/10012474686
sales) in Japan and the U.S. Japanese top managers are older and have shorter tenures as top managers than their U … related to stock, sales, and earnings performance in both countries. Turnover in Japan is particularly sensitive to low …
Persistent link: https://www.econbiz.de/10012474914
investors have begun to play an important governance role in Japan. However, the main bank does not abandon its governance role …
Persistent link: https://www.econbiz.de/10012453899
While female CEOs are under-represented, the barriers they face in the business environment remain poorly understood. This study investigates the influence of gender bias in forming CEOs' business networks. Using transaction data of 1 million Japanese firms, we find that CEOs of the same gender...
Persistent link: https://www.econbiz.de/10014337848
The fraction of U.S. college graduate women entering professional programs increased substantially around 1970 and the … age at first marriage among all U.S. college graduate women soared just after 1972. We explore the relationship between … women. Although the pill' was approved in 1960 by the FDA and diffused rapidly among married women, it did not diffuse among …
Persistent link: https://www.econbiz.de/10012471247
incidence of marriage of young women (age 16-24). We employ a two-stage methodology. First, across individuals, marriage is …
Persistent link: https://www.econbiz.de/10012471266
Women enter retirement having spent fewer years in market work, earned less over their lifetimes, and worked in … many women end up with lower levels of retirement income in old age. We use the Health and Retirement Study (HRS), which … largely between nonmarried men and women. Multivariate models show that 85 percent of this retirement income gap can be …
Persistent link: https://www.econbiz.de/10012471547
women's spending on beauty-enhancing goods and services. We find that beauty raises women's earnings (and to a lesser extent …
Persistent link: https://www.econbiz.de/10012471620
I show that the trend towards single households among older nonmarried women, the majority of whom were widows, has … the fraction of older nonmarried women living with relatives from 1950 to 1990 can be attributed to rising Social Security …
Persistent link: https://www.econbiz.de/10012471644
I examine the effects of the introduction of the Spouse's Allowance to the Canadian Income Security (IS) system on the retirement behavior of couples. This program was effectively targeted at females in couples attempting to live on a single pension. It allowed qualifying spouses to receive the...
Persistent link: https://www.econbiz.de/10012471656