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 … deriving from an agency relationship between shareholders and managers. New Japanese reform further develops previously …

Japanese corporate governance reform is implemented by an introduction of corporate governance code and stewardship … principal cost theory, could support a conceptual framework of governance reform and analyzed that as an important function for … agency cost reduction. In order to make governance reform more effective, I make several proposals, cost sharing of …

evolutionary process of Japan's corporate governance reform as a system in a consistent manner, rather than as independent pieces …. Our predictions provide policy implications and are empirically testable. Japan's post-bubble corporate governance reform … has been extensive and involves the enactment and revisions of many relevant laws and affected institutions. Japan's aim …

on corporate governance reform. In recent years, Japan has adopted a Stewardship Code in the hopes of invigorating …Structural reform, the “third arrow” of the Abe administration's policy for revitalizing the Japanese economy, centers … “monitoring board” – focal points of the reform effort – are not well suited to address the problems of low profitability, cash …

We analyze the effects that the new corporate governance regulations and other regulatory re-forms in Japan in 2004 had … the re-forms. We do not find significant evidence that capital market participants in Japan either ex-pected or valued … empirical evidence of a change towards a more capital-market-oriented corporate governance structure in Japan with less …

reform, the report starts with an overview of the changes in the Japanese market post 1970s. The main players before the 1990 …s were the banks, who provided credit to companies as well as being shareholders. Corporate governance in Japan was … governance including the reform of the Companies Act and the Cabinet Office Ordinance on Disclosure of Corporate Information …