How can a college's admissions policies help produce future business leaders?

Kenjiro Hirata, Shinpei Sano and Katsuya Takii
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Kenjiro Hirata: Faculty of Economics, Kobe International University
Shinpei Sano: Graduate School of Economics, Kobe University

No 21E003, OSIPP Discussion Paper from Osaka School of International Public Policy, Osaka University

Abstract: This paper examines the long run impacts of expanding the range of subjects in higher education admission examinations using a historical event, the reform of Japanese entrance examinations in 1979. Our results show that degree programs that are forced to increase the number of subjects increases the probability of graduates being appointed onto the board of directors of publicly traded companies despite reducing the measured average intellectual ability of students in the program. This suggests that by broadening the range of subjects, colleges can select students who can master a wide range of knowledge and transform them into future business leaders.

Keywords: Admission Policy; Business Leaders; Managerial Human Capital (search for similar items in EconPapers)
JEL-codes: I23 J24 M12 (search for similar items in EconPapers)
Pages: 47 pages
Date: 2021-01
New Economics Papers: this item is included in nep-edu and nep-lma
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