Top Management Team Reform and Corporate Governance (Japanese)

Katsuyuki Kubo, Shigeru Uchigasaki, Ryuichi Murasawa, Keisuke Suzuki, Hirotsugu Yamauchi and Susumu Seko

Discussion Papers (Japanese) from Research Institute of Economy, Trade and Industry (RIETI)

Abstract: The purpose of this paper is to examine the relationship between corporate governance and the structure of the top management team (TMT). There are many empirical studies on boards of directors, while there is relatively little literature on TMT, particularly in Japan. In addition, there is little literature on the relationship between corporate governance and TMT. It is surprising, considering that one of the most critical tasks for boards of directors is to choose appropriate TMT members. We contribute to the literature by analyzing the effect of corporate governance on TMT using data from around 2100 listed firms in Japan.

Pages: 38 pages
Date: 2022-10
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Persistent link: https://EconPapers.repec.org/RePEc:eti:rdpsjp:22036

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