31/03/2008

Corporate Ownership Structure in Japan－Recent Trends and Their Impact

Keisuke Nitta 

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The corporate ownership structure in Japan has changed significantly since the late 1990s. Using a new shareholder classification, we analyze ownership trends and their impact on corporate management. Among other things, our results reconfirm that unwinding of cross-shareholdings and growing institutional ownership have helped to enhance management discipline at public companies.

Keisuke Nitta

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