HIROTA Shinichi 早稲田大学, 商学学術院, 教授 (40238415)
KUBO Katsuyuki 早稲田大学, 商学学術院, 教授 (20323892)
ARIKAWA Yasuhiro 早稲田大学, 商学学術院, 准教授 (90308156)
AOKI Hidetaka 中央大学, 総合政策学部, 准教授 (90318759)
SAITO Takuji 慶応義塾大学, 経営管理研究科, 准教授 (60454469)
|Budget Amount *help
¥45,500,000 (Direct Cost: ¥35,000,000、Indirect Cost: ¥10,500,000)
Fiscal Year 2014: ¥8,580,000 (Direct Cost: ¥6,600,000、Indirect Cost: ¥1,980,000)
Fiscal Year 2013: ¥8,060,000 (Direct Cost: ¥6,200,000、Indirect Cost: ¥1,860,000)
Fiscal Year 2012: ¥10,010,000 (Direct Cost: ¥7,700,000、Indirect Cost: ¥2,310,000)
Fiscal Year 2011: ¥8,060,000 (Direct Cost: ¥6,200,000、Indirect Cost: ¥1,860,000)
Fiscal Year 2010: ¥10,790,000 (Direct Cost: ¥8,300,000、Indirect Cost: ¥2,490,000)
|Outline of Final Research Achievements
This project aimed at a comprehensively analysis on the changing corporate governance in Japan by constructing new theoretical and empirical framework. The first task was to understand the trajectories of corporate governance in Japan after the long stagnation and Lehman crisis. The second task was to examine the relationship between the corporate governance arrangement and corporate performance.
We examined the determinants of ownership and board structures and their impact on corporate performance. We also clarified the relationship between corporate governance arrangement, business portfolio and organizations. Furthermore, we tested the influence of corporate governance arrangement on corporate policies such as R&D, financial decision and employment adjustment. Our five years intensive efforts resulted in 2 books in Japanese and 1 book in English, 49 papers including peer reviewed English academic journal articles and 38 conference presentations including international conference.