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CAIRO BOOKS's Description
Debates regarding corporate governance have become increasingly important in
Japan as the post-war model of bank-based, stakeholder-oriented corporate
governance faces the new pressures associated with globalization and growing
investor demands for shareholder value. Bringing together a group of leading
scholars from economics, law, sociology and management studies, this book looks
at how the Japanese approach to corporate governance and the firm have changed
in the post-bubble era. The contributions offer a unique empirical exploration
of why and how Japanese firms are reshaping their corporate governance
arrangements, leading to greater diversity among firms and new 'hybrid' forms
of corporate governance. The book concludes by looking at what effect these
incremental but transformative changes may have on Japan's distinctive variety