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 …

Moreover, we find that there is no positive impact on target firms' profitability in the case of both within-group in …-in acquisitions, parent firms may be trying to quickly restructure acquired firms even at the cost of deteriorating profitability … acquisition target based on its productivity level, profitability and other characteristics and whether the performance of …

this line of research to Asia. Japan imposed its system of well-defined property rights in land on some of its Asian … colonies, including Korea, Taiwan and Palau. In 1939 Japan began to survey and register private land in its island colonies, an … land registration obsolete. Third, considering all of Japan's colonies, we use the presence or absence of a land survey as …

We explore how changes in ownership and managerial control affect the productivity and profitability of producers … gains in capacity utilization that raised both their productivity and profitability levels, consistent with acquiring owner …