外部取締役が不良債権処理に与える影響の実証的再検討: 金融論と企業統治論，組織論の融合を目指して, An Empirical Reexamination of the Effect of Outside Directors on Non-Performing Loans: Towards the Synthesis of Finance, Corporate Governance, and Management Studies

周 渡辺 and Shu Watanabe

No 242, Working Paper Series from Management Innovation Research Center, School of Business Administration, Hitotsubashi University Business School

Abstract: 本稿の目的は，金融論と企業統治論，組織論の知見を融合させ，不良債権処理に対して外部取締役が与える影響を再検討することにある．より具体的には，外部取締役の影響に関する分析について，①リサーチ・コンテクストを明示することで，より明快な解釈を可能にすることと，②先行研究にもとづく統制変数を追加することで，信頼性の高い結果だと確認すること，③大株主の状況を統制することで，対抗仮説を排除することを行う．, The purpose of this paper is to synthesize the findings of finance, corporate governance and organizational studies, and to re-examine the effects of outside directors on non-performing loan disposal. We reexamine the effect of outside directors by (1) specifying the research context to allow for a clearer interpretation, (2) adding a control variable based on prior research to confirm that the results are reliable, and (3) controlling the effects of shareholders to eliminate the alternative hypothesis.

Keywords: 不良債権処理; コミットメント・エスカレーション; 外部取締役; 学際的検討; Non-Performing Loans; Escalation of Commitment; Outside Directors; Interdisciplinary Review (search for similar items in EconPapers)
Pages: 44 pages
Date: 2021-05
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Persistent link: https://EconPapers.repec.org/RePEc:hit:hmicwp:242

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