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Full-Text Articles in Business
Hop Lion: Successful Succession Planning, Singapore Management University
Hop Lion: Successful Succession Planning, Singapore Management University
Perspectives@SMU
Chen Koon-Yaw wants to spare his son the troubles he endured through a messy handover when his father died. At 61, did he do it too early?
The Performance Implications Of Ownership Driven Governance Reform, Toru Yoshikawa, Phillip H. Phan
The Performance Implications Of Ownership Driven Governance Reform, Toru Yoshikawa, Phillip H. Phan
Research Collection Lee Kong Chian School Of Business
This paper explores the performance impact of recent changes in foreign shareholdings and boardroom reforms in Japan. Empirical research on the impact of reform on the Japanese corporate governance system could provide useful lessons for their European counterparts who are themselves facing similar pressures to reform. We found that although participation of outside directors in strategic decision-making was associated with positive stock returns, the increase in the ratio of outside directors, the separation of the board members and executive officers, and the reduction of board size were not related to firm performance.