Corporate Governance and Corporate Behavior in Japan The Consequences of Stock Options and Corporate Diversification /

• Main Author: Hanazaki, Masaharu (Author)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic eBook
• Language: English
• Published: Tokyo : Springer Japan : Imprint: Springer, 2016.
• Series: SpringerBriefs in Economics,
• Subjects: Business.; Corporate governance.; Business and Management.; Corporate Governance.

This book carefully examines the effects of changes in the corporate governance structure on corporate behavior or company performance, using micro-data from listed companies in Japan. The author found that in Japan the introduction of stock options had neither a positive impact on profitability nor...

Table of Contents:

• 1. Introduction
• 2. Institutional characteristics and effects of a stock option
• 3. Empirical analysis of a stock option
• 4. Related studies of corporate diversification
• 5. Corporate diversification of Japanese firms
• 6. Empirical analyses of corporate diversification and division of corporations
• 7. Main results and their interpretation.