Please use this identifier to cite or link to this item: http://hdl.handle.net/1893/2449
Appears in Collections:Accounting and Finance Journal Articles
Peer Review Status: Refereed
Title: Corporate Governance in Japan and the UK: Codes, Theory and Practice
Author(s): Mizuno, Mitsuru
Tabner, Isaac
Contact Email: isaac.tabner@stir.ac.uk
Keywords: Corporate Governance
Japan
Issue Date: Dec-2009
Date Deposited: 11-Oct-2010
Citation: Mizuno M & Tabner I (2009) Corporate Governance in Japan and the UK: Codes, Theory and Practice. Pacific Economic Review, 14 (5), pp. 622-638. https://doi.org/10.1111/j.1468-0106.2009.00472.x
Abstract: We reflect on the evolution of corporate governance and the role of institutional investors in enhancing governance in Japan and the UK. Japan places emphasis on stakeholder capitalism, whereas the UK places emphasis on shareholder capitalism. Nonetheless, in both countries, institutional investors have exerted significant influence on the evolution of corporate governance. Institutional investors in the UK have more power over company management than their Japanese counterparts, although it is alleged that these powers are not exercised to their best potential in either country.
DOI Link: 10.1111/j.1468-0106.2009.00472.x
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Notes: This is the published version
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