Artikel
Director's Incentives in Japan and the UK
As it is widely believed that the behaviour of large Japanese companies is different from that of their British counterparts, hypothesises that the directors in both countries may have different financial incentives. The research estimates the determinants of executive compensation, using the micro data of listed companies in both countries. Our result suggests that directors in Japan may have little incentive to pursue shareholders' interest while directors in the UK may have an incentive to maximise its value in stock markets. These results may be consistent with the view that large companies in Japan often neglect shareholders' interest.
- Language
-
Englisch
- Bibliographic citation
-
Journal: Vierteljahrshefte zur Wirtschaftsforschung ; ISSN: 1861-1559 ; Volume: 70 ; Year: 2001 ; Issue: 2 ; Pages: 228-232 ; Berlin: Duncker & Humblot
- Classification
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Wirtschaft
- Subject
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Führungskräfte
Leistungsanreiz
Leistungsentgelt
Shareholder Value
Vergleich
Großbritannien
Japan
- Event
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Geistige Schöpfung
- (who)
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Kubo, Katsuyuki
- Event
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Veröffentlichung
- (who)
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Duncker & Humblot
- (where)
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Berlin
- (when)
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2001
- DOI
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doi:10.3790/vjh.70.2.228
- Handle
- Last update
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10.03.2025, 11:43 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Artikel
Associated
- Kubo, Katsuyuki
- Duncker & Humblot
Time of origin
- 2001
Other Objects (12)
Comment: Kommentar zu: Director's Incentives in Japan and the UK
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Special forms of criminal liability, 1.. Austria, Japan, Russia, Switzerland, Turkey, Uganda
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Die Strafbarkeit des director einer englischen limited wegen Insolvenzverschleppung
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Comment: Kommentar zu: Corporate Investment, Asymmetric Information and Agency Costs in the UK
Comment: Kommentar zu: Director's Incentives in Japan and the UK
Executive Incentives, Works Councils and Firm Performance
Directors & officers liability : D & O
Comments: Kommentar zu: Sunk Costs, Managerial Incentives and Firm Productivity
Das ausländische Strafrecht der Gegenwart, Bd. 1.. Argentinien, Dänemark, Japan, Jugoslawien
Special forms of criminal liability, 1.. Austria, Japan, Russia, Switzerland, Turkey, Uganda
Grounds for rejecting criminal liability, 1.. Australia, Japan, Russia, Switzerland, Turkey, Uganda
Leaving "Hotel California": How Incentives Affect Flows of Benefits in the Netherlands
Sunk Costs, Managerial Incentives and Firm Productivity
Die Strafbarkeit des director einer englischen limited wegen Insolvenzverschleppung
Wirtschaft und Gesellschaft in Japan
Comment: Kommentar zu: Corporate Investment, Asymmetric Information and Agency Costs in the UK
Comment: Kommentar zu: Director's Incentives in Japan and the UK
Executive Incentives, Works Councils and Firm Performance
Directors & officers liability : D & O
Comments: Kommentar zu: Sunk Costs, Managerial Incentives and Firm Productivity
Das ausländische Strafrecht der Gegenwart, Bd. 1.. Argentinien, Dänemark, Japan, Jugoslawien
Special forms of criminal liability, 1.. Austria, Japan, Russia, Switzerland, Turkey, Uganda
Grounds for rejecting criminal liability, 1.. Australia, Japan, Russia, Switzerland, Turkey, Uganda
Leaving "Hotel California": How Incentives Affect Flows of Benefits in the Netherlands
Sunk Costs, Managerial Incentives and Firm Productivity
Die Strafbarkeit des director einer englischen limited wegen Insolvenzverschleppung
Wirtschaft und Gesellschaft in Japan