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Management and Corporate Governance

In: Corporate Governance in Japan

Author

Listed:
  • Nobuyuki Demise

Abstract

6. Conclusion In Japan, the top managers play a role in reforming corporate governance, related to the relationship between the ownership and the management. The relationship is largely influenced by historical factors, including the Japanese zaibatsu structure and relationships between founder families and corporations. In modern corporations, the management is separated from the ownership and the need for professional managers is created. Some of these managers recognize that they are not only stewards for the owners but also stewards for society. When they are managing the corporation they ensure corporate social responsibility. The company with high transparency is responsive to expectations of stakeholders and is continuously reforming corporate governance.

Suggested Citation

  • Nobuyuki Demise, 2006. "Management and Corporate Governance," Springer Books, in: Corporate Governance in Japan, chapter 1, pages 3-13, Springer.
    • Handle: RePEc:spr:sprchp:978-4-431-30920-8_1
    DOI: 10.1007/978-4-431-30920-8_1
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    Citations

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    Cited by:

    1. Nailesh Limbasiya & Hitesh Shukla, 2019. "Effect of Board Diversity, Promoter’s Presence and Multiple Directorships on Firm Performance," Indian Journal of Corporate Governance, , vol. 12(2), pages 169-186, December.
    2. Chong, Sze Chin, 2019. "An Analysis of the External and Internal Factors Affecting Honda Motor Company’s Performance," MPRA Paper 97206, University Library of Munich, Germany, revised 18 Nov 2019.
    3. Khondaker Mizanur Rahman & Marc Bremer, 2016. "Effective Corporate Governance and Financial Reporting in Japan," Asian Academy of Management Journal of Accounting and Finance (AAMJAF), Penerbit Universiti Sains Malaysia, vol. 12(Suppl. 1), pages 1-93–122.
    4. Gabriel Eweje & Mina Sakaki, 2015. "CSR in Japanese Companies: Perspectives from Managers," Business Strategy and the Environment, Wiley Blackwell, vol. 24(7), pages 678-687, November.

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