2009 Fiscal Year Final Research Report
The Functions of Corporate Boards and Environmental Adaptation-Toward the Establishment of Dynamic Corporate Governance-
Project/Area Number |
20730264
|
Research Category |
Grant-in-Aid for Young Scientists (B)
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Allocation Type | Single-year Grants |
Research Field |
Business administration
|
Research Institution | Meiji University |
Principal Investigator |
NISHI Takahiro Meiji University, 商学部, 兼任講師 (10409427)
|
Project Period (FY) |
2008 – 2009
|
Keywords | コーポレート・ガバナンス / 取締役会 / 企業特殊資産 / チーム生産理論 / コンティンジェンシー / 組織アーキテクチャ / 資源ベース・ビュー / ステーク・ホルダー |
Research Abstract |
On the view of corporate governance, this study proposed that the structure of corporate board is changed in accordance with corporate context and environment, by investigating of Japanese corporate governance reforms. While the corporation in which assets specialty is high and organizational architectures is characterized by assimilated information structure and stockholders are not influential on corporate management, set up the insider-occupied board with conventional Japanese corporate governance characteristics, the corporation that asset specialty is low and built in organizational structure with Differentiated Information structure or Decentralized hierarchy, also, stockholders put a pressure on business management, adopt outsider-dominant board with board commit and US-style governance system. Furthermore, this study could demonstrate that the coherence between contingency factors, like organizational characteristic, stock-holding-structure, and corporate governance systems have a positive correlation with corporate performance.
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