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Discussion Papers (English) September 14, 2023 Grow the Pie: How Great Companies Deliver Both Purpose and Profit (Summary) Symposiums June 2023 Psychological Characteristics of Outside Directors: Their impact on board monitoring and advice and counsel provision Discussion Papers (English) May 16, 2023 Governance Challenge for Japanese Companies: A re-evaluation of equity block ownership by corporations Newspapers & Magazines May 17, 2023 A New Era of INVEST JAPAN - Case studies relating to the use of inbound M&A transactions (cases studies of Japanese companies that leveraged foreign capitals for corporate reforms, management enhancement and dramatic growth) BBL Seminars April 2023 The Impact of Corporate Governance Reforms on Cross-shareholdings in Japan Policy Discussion Papers (Japanese) March 2023 Managing Ownership by Management Discussion Papers (English) November 22, 2022 Voice Through Divestment BBL Seminars November 10, 2022 Corporate Control and ESG under “New Capitalism” - Next phase of corporate governance reforms under new capitalism - Symposiums July 12, 2022 A Challenge for "the New Capitalism": Making Sense of Restrictions on Share Repurchases Newspapers & Magazines December 28, 2021 Frontiers in Corporate Governance Analysis Integrated Research December 10, 2021 Crucial Viewpoint on Corporate Governance: Developing a "New Japanese Model" RIETI Report December 2021 Toward Japanese Model ver2.0: Purpose of Business, Governance and Ownership Policy Discussion Papers (Japanese) November 24, 2021 Crucial Viewpoint on Corporate Governance: Developing a "New Japanese Model" Newspapers & Magazines July 2021 Outsourcing Active Ownership in Japan Discussion Papers (English) July 21, 2021 A New Concept of the Corporation [Part 5]The Purpose of the Corporation and How to Realize its Purpose Symposiums June 18, 2021 A New Concept of the Corporation [Part 4]The Role of Institutional Investors Symposiums May 20, 2021 A New Concept of the Corporation [Part 3]Ownership of the New Corporation: the Role of Activist Funds Symposiums April 28, 2021 A New Concept of the Corporation [Part 2]Fiduciary Duties under the New Conception of the Corporation Symposiums March 16, 2021 The Purpose of the Corporation and Its Implication for Law and Business in Japan BBL Seminars March 16, 2021 A New Concept of the Corporation[Part 1] The Purpose of the Corporation and Its Implication for Law and Business in Japan Symposiums November 5, 2019 JSPS Core-to-Core Program: "Governance Reforms from Comparative Perspective"Day 1: RIETI Workshop "Capital Market and Control" Workshops April 3, 2020 Frontiers in Corporate Governance Analysis Integrated Research March 25, 2020 Activist Shareholders and Companies: Improving the Effectiveness of Management Reform Newspapers & Magazines November 21, 2019 Corporate Governance for Global Companies: Toward an increase in corporate value (Summary) Symposiums January 2020 Does Regulation Matter?: Effects of Corporate Governance Reforms on Relational Shareholding in Japan Discussion Papers (English) September 2, 2019 Corporate Governance for Global Companies: Toward an increase in corporate value Symposiums November 2019 Corporate Governance Reform under Abenomics Policy Discussion Papers (Japanese) July 18, 2019 Thinking About Widening Gaps in the Reiwa Era -What will happen to corporate governance and wage gaps? Symposiums April 4, 2019 Corporate Governance: What Is Lacking—Crucial keys for Improving Performance in the new appointment of "Outside Directors" Newspapers & Magazines October 2018 Stock Repurchases and Corporate Control: Evidence from Japan Discussion Papers (English) September 5, 2017 What is in Question Now at Governance on Overseas M&A: Optimizing the decentralization and centralization of management as the key Newspapers & Magazines August 9, 2017 Frontiers in Corporate Governance Analysis Law and Economy March 2017 Corporate Governance and Growth Strategies RIETI Books (Japanese) January 2017 Are Smaller (Larger) Corporate Headquarters Better? Discussion Papers (English) July 27, 2016 Corporate Governance: The role of institutional investors will become crucial Newspapers & Magazines July 5, 2016 A Look at the Recent State of Corporate Governance in Japan Perspectives from Around the World June 10, 2016 Corporate Governance Reform and Japanese Business Growth Symposiums June 2016 Does Employee Stock Ownership Work? Evidence from publicly-traded firms in Japan Discussion Papers (English) May 31, 2016 Frontiers of Analysis on Corporate Governance: Risk-taking and Corporate Governance Special Projects March 2016 Changing Corporate Governance Arrangements and Presidential Turnovers Discussion Papers (Japanese) March 2016 Convergence or Emerging Diversity? Understanding the impact of foreign investors on corporate governance in Japan Discussion Papers (English) November 25, 2014 Perspectives for Corporate Governance Reform in Japan Policy Update October 6, 2015 The Ever Changing Three Decades: Japan's course from the perspective of comparative institutional analysis Symposiums Corporate Governance from an International Perspective: Diversity or Convergence Symposiums June 2015 Does Ownership Really Matter? The role of foreign investors in corporate governance in Japan Discussion Papers (English) June 2015 A Perspective for Corporate Governance Reforms: Toward fine tuning the hybrid form of governance and overcoming a low governance equilibrium Policy Discussion Papers (Japanese) October 16, 2014 Corporate Governance Reform in Japan: Lessons from the United Kingdom Symposiums September 4, 2014 Topics in Corporate Governance Reform: Encouraging management that can take risks Newspapers & Magazines March 27, 2014 Frontiers of Analysis on Corporate Governance: Growth, value creation and corporate governance Workshops June 17, 2013 Reforming Japanese Corporate Management: Independent audit committees should be established Newspapers & Magazines June 2013 Where is Corporate Governance in Japan Heading? Evidence from a survey of Japanese listed companies Policy Discussion Papers (Japanese) April 1, 2013 Frontiers of Analysis on Corporate Governance: Growth, value creation and corporate governance Special Projects August 2012 Institutional Change and its Economic Consequence in Japan: The bright and dark sides of hybridization Discussion Papers (English) July 9, 2012 Pros and Cons of Mandating the Appointment of Outside Directors: Based on new empirical testing Newspapers & Magazines July 2012 Understanding Change in Board Composition: Determinants of board composition and effects of outside directors Policy Discussion Papers (Japanese) October 17, 2011 Corporate Governance: Increasing the role of institutional investors Newspapers & Magazines June 2011 Corporate Governance in Japan: Toward a redesign and restoration of competitiveness RIETI Books (Japanese) April 1, 2011 The Frontier of Corporate Governance Analysis: Toward the recovery of Japanese companies' competitiveness (corporate governance, strategic choice and performance) Special Projects March 7, 2011 Evolution of the Japanese Corporate System: Redesigning corporate governance following the financial crisis Symposiums March 2011 Debt, Ownership Structure, and R&D Investment: Evidence from Japan Discussion Papers (English) March 2011 Understanding the Development of Japanese Companies: Redesigning corporate governance arrangements after the crisis Policy Discussion Papers (Japanese) February 2011 A Diversification of Ownership Structure and its Effect on Corporate Performance: Unwinding and resurgence of cross-shareholdings and the role of surging foreign investors Discussion Papers (Japanese) December 2010 Business Unit Governance in Japan: Focusing on corporate boundaries and two-layer agency relationships Discussion Papers (Japanese) August 2009 Equity Markets and Institutions: The case of Japan Discussion Papers (English) June 2009 Pluralistic Evolution of the Japanese-Style Enterprise System: Toward the Hybrid Model Discussion Papers (Japanese) November 14, 2008 Organization and Performance: Understanding the Diversity of Firms Symposiums March 28, 2008 Regional Integration, Financial Stability and Competitiveness: Perspectives from Europe and East Asia Workshops October 22, 2007 Understanding How and Why M&As are Proliferating in Japan: Developing the Research Frontier in Corporate Governance Keizai Sangyo Journal September 2007 The Comparative Features and Economic Role of Mergers and Acquisitions in Japan Discussion Papers (English) September 2007 Varieties of Capitalism, Varieties of Markets: Mergers and Acquisitions in Japan, Germany, France, the UK and USA Discussion Papers (English) September 2007 Corporate Governance in Japan: Institutional Change and Organizational Diversity RIETI Books (English) June 2007 Understanding the M&A boom in Japan: What drives Japanese M&A? Discussion Papers (English) June 2007 Economic Analysis of M&A in Japan: International Characteristics and Economic Role Discussion Papers (Japanese) June 2007 M&A in Japan: The Impact on Corporate Governance, Organizational Efficiency and Firm Value RIETI Books (Japanese) May 2007 Does Corporate Culture Matter? An Empirical Study on Japanese Firms Discussion Papers (English) March 6, 2007 Developing the Research Frontier in Corporate Governance Analysis: Economic Analysis of M&As and Governance Column March 6, 2007 Column 1 - Developing the Research Frontier in Corporate Governance Analysis: Economic Analysis of M&As and Governance Developing the Research Frontier in Corporate Governance Analysis November 24, 2006 Analyzing the Role of M&As for Japanese Companies RIETI Report August 16, 2006 Factors behind Increased M&A Activity Keizai Sangyo Journal June 2006 Understanding the Rapid Increase of M&As: Historical background and the economic role of M&As Discussion Papers (Japanese) April 2006 Economic Analysis of M&As: Why has the number of M&As increased? Discussion Papers (Japanese) September 13, 2005 Corporate Finance and Governance: Japan-Europe Comparisons Symposiums March 2005 Relationship Banking in post Bubble Japan: Co-existence of soft-and hard budget constraint Discussion Papers (English) February 2005 The Unwinding of Cross-shareholding: Causes, Effects, and Implications Discussion Papers (English) October 20, 2004 Emerging Patterns of Corporate Governance among Japanese Firms - Converging to Any Specific Model? Symposiums September 9, 2003 The Latest Report on Corporate Governance Reform: "Progress in Corporate Governance Reforms and the Revitalization of Japanese Companies" by the Ministry of Finance's Policy Research Institute Column September 9, 2003 011: The Latest Report on Corporate Governance Reform: "Progress in Corporate Governance Reforms and the Revitalization of Japanese Companies" by the Ministry of Finance's Policy Research Institute Corporate Governance Japan March 18, 2003 How to Interpret the "Excess Debt" Problem: Debt Discipline or Debt Overhang? Column March 2003 Japan's Banking Crisis: Who has the Most to Lose? Discussion Papers (English) December 28, 2021 Frontiers in Corporate Governance Analysis Integrated Research April 3, 2020 Frontiers in Corporate Governance Analysis Integrated Research August 9, 2017 Frontiers in Corporate Governance Analysis Law and Economy May 31, 2016 Frontiers of Analysis on Corporate Governance: Risk-taking and Corporate Governance Special Projects April 1, 2013 Frontiers of Analysis on Corporate Governance: Growth, value creation and corporate governance Special Projects April 1, 2011 The Frontier of Corporate Governance Analysis: Toward the recovery of Japanese companies' competitiveness (corporate governance, strategic choice and performance) Special Projects March 6, 2007 Column 1 - Developing the Research Frontier in Corporate Governance Analysis: Economic Analysis of M&As and Governance Developing the Research Frontier in Corporate Governance Analysis September 9, 2003 011: The Latest Report on Corporate Governance Reform: "Progress in Corporate Governance Reforms and the Revitalization of Japanese Companies" by the Ministry of Finance's Policy Research Institute Corporate Governance Japan November 2023 Does Paying Passive Managers to Engage Improve ESG Performance? Discussion Papers (English) June 2023 Psychological Characteristics of Outside Directors: Their impact on board monitoring and advice and counsel provision Discussion Papers (English) April 2023 The Impact of Corporate Governance Reforms on Cross-shareholdings in Japan Policy Discussion Papers (Japanese) March 2023 Managing Ownership by Management Discussion Papers (English) December 2021 Toward Japanese Model ver2.0: Purpose of Business, Governance and Ownership Policy Discussion Papers (Japanese) July 2021 Outsourcing Active Ownership in Japan Discussion Papers (English) January 2020 Does Regulation Matter?: Effects of Corporate Governance Reforms on Relational Shareholding in Japan Discussion Papers (English) November 2019 Corporate Governance Reform under Abenomics Policy Discussion Papers (Japanese) October 2018 Stock Repurchases and Corporate Control: Evidence from Japan Discussion Papers (English) January 2017 Are Smaller (Larger) Corporate Headquarters Better? Discussion Papers (English) June 2016 Does Employee Stock Ownership Work? Evidence from publicly-traded firms in Japan Discussion Papers (English) March 2016 Changing Corporate Governance Arrangements and Presidential Turnovers Discussion Papers (Japanese) March 2016 Convergence or Emerging Diversity? Understanding the impact of foreign investors on corporate governance in Japan Discussion Papers (English) June 2015 Does Ownership Really Matter? The role of foreign investors in corporate governance in Japan Discussion Papers (English) June 2015 A Perspective for Corporate Governance Reforms: Toward fine tuning the hybrid form of governance and overcoming a low governance equilibrium Policy Discussion Papers (Japanese) June 2013 Where is Corporate Governance in Japan Heading? Evidence from a survey of Japanese listed companies Policy Discussion Papers (Japanese) August 2012 Institutional Change and its Economic Consequence in Japan: The bright and dark sides of hybridization Discussion Papers (English) July 2012 Understanding Change in Board Composition: Determinants of board composition and effects of outside directors Policy Discussion Papers (Japanese) March 2011 Debt, Ownership Structure, and R&D Investment: Evidence from Japan Discussion Papers (English) March 2011 Understanding the Development of Japanese Companies: Redesigning corporate governance arrangements after the crisis Policy Discussion Papers (Japanese) February 2011 A Diversification of Ownership Structure and its Effect on Corporate Performance: Unwinding and resurgence of cross-shareholdings and the role of surging foreign investors Discussion Papers (Japanese) December 2010 Business Unit Governance in Japan: Focusing on corporate boundaries and two-layer agency relationships Discussion Papers (Japanese) August 2009 Equity Markets and Institutions: The case of Japan Discussion Papers (English) June 2009 Pluralistic Evolution of the Japanese-Style Enterprise System: Toward the Hybrid Model Discussion Papers (Japanese) September 2007 The Comparative Features and Economic Role of Mergers and Acquisitions in Japan Discussion Papers (English) September 2007 Varieties of Capitalism, Varieties of Markets: Mergers and Acquisitions in Japan, Germany, France, the UK and USA Discussion Papers (English) June 2007 Understanding the M&A boom in Japan: What drives Japanese M&A? Discussion Papers (English) June 2007 Economic Analysis of M&A in Japan: International Characteristics and Economic Role Discussion Papers (Japanese) May 2007 Does Corporate Culture Matter? An Empirical Study on Japanese Firms Discussion Papers (English) June 2006 Understanding the Rapid Increase of M&As: Historical background and the economic role of M&As Discussion Papers (Japanese) April 2006 Economic Analysis of M&As: Why has the number of M&As increased? Discussion Papers (Japanese) March 2005 Relationship Banking in post Bubble Japan: Co-existence of soft-and hard budget constraint Discussion Papers (English) February 2005 The Unwinding of Cross-shareholding: Causes, Effects, and Implications Discussion Papers (English) March 2003 Japan's Banking Crisis: Who has the Most to Lose? Discussion Papers (English) March 2017 Corporate Governance and Growth Strategies RIETI Books (Japanese) June 2011 Corporate Governance in Japan: Toward a redesign and restoration of competitiveness RIETI Books (Japanese) September 2007 Corporate Governance in Japan: Institutional Change and Organizational Diversity RIETI Books (English) June 2007 M&A in Japan: The Impact on Corporate Governance, Organizational Efficiency and Firm Value RIETI Books (Japanese) November 22, 2023 International Workshop 2023 RIETI/Waseda Conference on Top Management Team Workshops September 14, 2023 Grow the Pie: How Great Companies Deliver Both Purpose and Profit (Summary) Symposiums May 17, 2023 A New Era of INVEST JAPAN - Case studies relating to the use of inbound M&A transactions (cases studies of Japanese companies that leveraged foreign capitals for corporate reforms, management enhancement and dramatic growth) BBL Seminars November 22, 2022 Voice Through Divestment BBL Seminars November 10, 2022 Corporate Control and ESG under “New Capitalism” - Next phase of corporate governance reforms under new capitalism - Symposiums July 21, 2021 A New Concept of the Corporation [Part 5]The Purpose of the Corporation and How to Realize its Purpose Symposiums June 18, 2021 A New Concept of the Corporation [Part 4]The Role of Institutional Investors Symposiums May 20, 2021 A New Concept of the Corporation [Part 3]Ownership of the New Corporation: the Role of Activist Funds Symposiums April 28, 2021 A New Concept of the Corporation [Part 2]Fiduciary Duties under the New Conception of the Corporation Symposiums March 16, 2021 The Purpose of the Corporation and Its Implication for Law and Business in Japan BBL Seminars March 16, 2021 A New Concept of the Corporation[Part 1] The Purpose of the Corporation and Its Implication for Law and Business in Japan Symposiums November 5, 2019 JSPS Core-to-Core Program: "Governance Reforms from Comparative Perspective"Day 1: RIETI Workshop "Capital Market and Control" Workshops November 21, 2019 Corporate Governance for Global Companies: Toward an increase in corporate value (Summary) Symposiums September 2, 2019 Corporate Governance for Global Companies: Toward an increase in corporate value Symposiums July 18, 2019 Thinking About Widening Gaps in the Reiwa Era -What will happen to corporate governance and wage gaps? Symposiums June 10, 2016 Corporate Governance Reform and Japanese Business Growth Symposiums October 6, 2015 The Ever Changing Three Decades: Japan's course from the perspective of comparative institutional analysis Symposiums Corporate Governance from an International Perspective: Diversity or Convergence Symposiums October 16, 2014 Corporate Governance Reform in Japan: Lessons from the United Kingdom Symposiums March 27, 2014 Frontiers of Analysis on Corporate Governance: Growth, value creation and corporate governance Workshops March 7, 2011 Evolution of the Japanese Corporate System: Redesigning corporate governance following the financial crisis Symposiums November 14, 2008 Organization and Performance: Understanding the Diversity of Firms Symposiums March 28, 2008 Regional Integration, Financial Stability and Competitiveness: Perspectives from Europe and East Asia Workshops September 13, 2005 Corporate Finance and Governance: Japan-Europe Comparisons Symposiums October 20, 2004 Emerging Patterns of Corporate Governance among Japanese Firms - Converging to Any Specific Model? Symposiums May 16, 2023 Governance Challenge for Japanese Companies: A re-evaluation of equity block ownership by corporations Newspapers & Magazines July 12, 2022 A Challenge for "the New Capitalism": Making Sense of Restrictions on Share Repurchases Newspapers & Magazines December 10, 2021 Crucial Viewpoint on Corporate Governance: Developing a "New Japanese Model" RIETI Report November 24, 2021 Crucial Viewpoint on Corporate Governance: Developing a "New Japanese Model" Newspapers & Magazines March 25, 2020 Activist Shareholders and Companies: Improving the Effectiveness of Management Reform Newspapers & Magazines April 4, 2019 Corporate Governance: What Is Lacking—Crucial keys for Improving Performance in the new appointment of "Outside Directors" Newspapers & Magazines September 5, 2017 What is in Question Now at Governance on Overseas M&A: Optimizing the decentralization and centralization of management as the key Newspapers & Magazines July 27, 2016 Corporate Governance: The role of institutional investors will become crucial Newspapers & Magazines July 5, 2016 A Look at the Recent State of Corporate Governance in Japan Perspectives from Around the World November 25, 2014 Perspectives for Corporate Governance Reform in Japan Policy Update September 4, 2014 Topics in Corporate Governance Reform: Encouraging management that can take risks Newspapers & Magazines June 17, 2013 Reforming Japanese Corporate Management: Independent audit committees should be established Newspapers & Magazines July 9, 2012 Pros and Cons of Mandating the Appointment of Outside Directors: Based on new empirical testing Newspapers & Magazines October 17, 2011 Corporate Governance: Increasing the role of institutional investors Newspapers & Magazines October 22, 2007 Understanding How and Why M&As are Proliferating in Japan: Developing the Research Frontier in Corporate Governance Keizai Sangyo Journal March 6, 2007 Developing the Research Frontier in Corporate Governance Analysis: Economic Analysis of M&As and Governance Column November 24, 2006 Analyzing the Role of M&As for Japanese Companies RIETI Report August 16, 2006 Factors behind Increased M&A Activity Keizai Sangyo Journal September 9, 2003 The Latest Report on Corporate Governance Reform: "Progress in Corporate Governance Reforms and the Revitalization of Japanese Companies" by the Ministry of Finance's Policy Research Institute Column March 18, 2003 How to Interpret the "Excess Debt" Problem: Debt Discipline or Debt Overhang? 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