| Budget Amount *help |
¥4,550,000 (Direct Cost: ¥3,500,000、Indirect Cost: ¥1,050,000)
Fiscal Year 2019: ¥910,000 (Direct Cost: ¥700,000、Indirect Cost: ¥210,000)
Fiscal Year 2018: ¥910,000 (Direct Cost: ¥700,000、Indirect Cost: ¥210,000)
Fiscal Year 2017: ¥910,000 (Direct Cost: ¥700,000、Indirect Cost: ¥210,000)
Fiscal Year 2016: ¥910,000 (Direct Cost: ¥700,000、Indirect Cost: ¥210,000)
Fiscal Year 2015: ¥910,000 (Direct Cost: ¥700,000、Indirect Cost: ¥210,000)
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| Outline of Final Research Achievements |
First, we have examined the change in employment practices in large Japanese firms, with particular emphasis on the reduction of employees. We use firms’ financial data to examine the firms’ behavior on employment adjustment. It is shown that there is a significant change in employment reduction behavior. It is also shown that there is a significant relationship between corporate governance and employment reduction. Second, we examine the role of professionals, such as lawyers and accountants. We have examined the effect of these professional directors on performance and behavior of the firm.
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