The Influence of Corporate Governance on Long-term Employment:A Study Using Data on Japanese Listed Firms

Hisashi Okamoto and Tsukasa Matsuura

MPRA Paper from University Library of Munich, Germany

Abstract: This paper examines two hypotheses:the firm governance structure influences union formation, and the presence of labour unions fosters long-term employment practices. Results show that unionised firms have an average employee tenure 4.7 years longer than that of non-unionised firms, and that the influence of labour unions on long-term employment practices is underestimated.

Keywords: Corporate Governance; Labour Unions; Long-term Employment (search for similar items in EconPapers)
JEL-codes: J5 (search for similar items in EconPapers)
Date: 2015-06-11
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Citations: View citations in EconPapers (1)

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