The pressures to accommodate to the global standards of corporate governance (CG) for Japanese public companies had grown strong since the mid-1990s. A series of legal reforms has led to the formal imitation of the market oriented Anglo-American model which, however, was not accompanied by the...

The paper presents the results of two surveys on how ownership structure and corporate governance affect corporate performance. The analyses focus on the question whether the differences among the performances of firms can be attributed to the various types of ownership structures and corporate...