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engaged in international markets, drawing on micro-data from Belgium, Finland, Germany, Italy, Japan, Sweden, the United …
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Any choice of a state for a cross-border insolvency regime involves a trade-off between increased cross-border economic … activity and application of less-preferred substantive insolvency law. A state may be relatively more dependent (‘dependent … States on the drafting of the UNCITRAL Model Law on Cross-Border Insolvency is used as a case study …
Persistent link: https://www.econbiz.de/10013066184
In Japan, since 2013, Japanese corporate governance reform has been developed by Japanese Government initiatives. This paper provides a theoretical framework for understanding what Japanese corporate governance reform means for Japanese companies by an application of agency theory. Corporate...
Persistent link: https://www.econbiz.de/10012837422
Japanese corporate governance reform is implemented by an introduction of corporate governance code and stewardship code, in which stewardship activities by institutional investors play an important role in terms of reduction of agency cost. In this report, stewardship activities are focused...
Persistent link: https://www.econbiz.de/10014361849
This paper studies the process of plant exit and productivity growth in Japan during the ‘lost decade’. A productivity decomposition shows the low rate of productivity growth at the aggregate level to be due to slow within plant productivity growth and a small contribution from the entry and...
Persistent link: https://www.econbiz.de/10010577230