This paper adds to the growing empirical literature on the role of banks in corporate monitoring and governance in Japan by analyzing the role of bank executives on Japanese corporate boards. Japanese corporate boards comprise the top executive officers of the corporation and the majority of...

In recent years Japanese corporate organization and business and management practices have attracted widespread attention, although the focus of that attention has been shifting over time. After the high growth of the 1960s and the favorable structural adjustment to the "oil shocks" of the...