Although it is widely acknowledged that the benefits of corporate governance reform could be substantial, systematic … evidence on such reforms is scant. We both document and evaluate a contemporary corporate governance reform by constructing 18 … protection has been strengthened whereas creditor protection has been weakened. We also demonstrate how the reform is consistent …

This paper proposes to exploit a reform in legal rules of corporate governance to identify contractual incentives from … institutional environment, the reform of the German joint-stock companies act in 1884. We analyze a sample of executive pay for 46 … firms for the years 1870 to 1911. In 1884, a law reform substantially enhanced corporate control, strengthened the …

, especially in societies with highly skewed distribution of ownership. We however argue that the success of CG reform would, in …

The paper starts from the assumption that a lasting recovery of Japan's economy can only come about by a reform of … Reform der Wirtschaftspolitik voraussetzt, um verlorenes Vertrauen zurückzugewinnen. Dazu bietet sich neben einer … überwiegt in dem Papier eine skeptische Haltung gegenüber den Chancen einer Reform im obigen Sinne, selbst wenn sich einzelne …

Japan hat seit den 1990er Jahren wiederkehrend wirtschaftliche Stagnationsphasen durchlebt und ist ein mahnendes … jüngsten Strukturreformen in Japan beleuchtet und unter Beachtung der großen Herausforderungen des Landes bewertet. …

largest economic block in Japan, with 2041 companies responding. This article introduces the results of this questionnaire …

The present paper uses a comparison of Japan and the US to argue that the debate about corporate governance reform is …