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How can a college's admissions policies help produce future business leaders?

Author

Listed:
  • Kenjiro Hirata

    (Faculty of Economics, Kobe International University)

  • Shinpei Sano

    (Graduate School of Economics, Kobe University)

  • Katsuya Takii

    (Osaka School of International Public Policy, Osaka University)

Abstract

This paper examines the long run impacts of expanding the range of subjects in higher education admission examinations using a historical event, the reform of Japanese entrance examinations in 1979. Our results show that degree programs that are forced to increase the number of subjects increases the probability of graduates being appointed onto the board of directors of publicly traded companies despite reducing the measured average intellectual ability of students in the program. This suggests that by broadening the range of subjects, colleges can select students who can master a wide range of knowledge and transform them into future business leaders.

Suggested Citation

  • Kenjiro Hirata & Shinpei Sano & Katsuya Takii, 2021. "How can a college's admissions policies help produce future business leaders?," OSIPP Discussion Paper 21E003, Osaka School of International Public Policy, Osaka University.
    • Handle: RePEc:osp:wpaper:21e003
    as

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    File URL: http://www.osipp.osaka-u.ac.jp/archives/DP/2021/DP2021E003.pdf
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    References listed on IDEAS

    as
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    More about this item

    Keywords

    Admission Policy; Business Leaders; Managerial Human Capital;
    All these keywords.

    JEL classification:

    • I23 - Health, Education, and Welfare - - Education - - - Higher Education; Research Institutions
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • M12 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Personnel Management; Executives; Executive Compensation

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