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The Influence of Corporate Governance on Long-term Employment:A Study Using Data on Japanese Listed Firms

Author

Listed:
  • Okamoto, Hisashi
  • Matsuura, Tsukasa

Abstract

This paper examines two hypotheses:the firm governance structure influences union formation, and the presence of labour unions fosters long-term employment practices. Results show that unionised firms have an average employee tenure 4.7 years longer than that of non-unionised firms, and that the influence of labour unions on long-term employment practices is underestimated.

Suggested Citation

  • Okamoto, Hisashi & Matsuura, Tsukasa, 2015. "The Influence of Corporate Governance on Long-term Employment:A Study Using Data on Japanese Listed Firms," MPRA Paper 64561, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:64561
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    References listed on IDEAS

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    Cited by:

    1. Ming-Yuan Chen & Wei-Ting Chiu, 2017. "Employment Adjustment and Controlling-minority Ownership Structures: Providing Evidence for Stewardship Governance," CESifo Economic Studies, CESifo Group, vol. 63(1), pages 97-118.

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    More about this item

    Keywords

    Corporate Governance; Labour Unions; Long-term Employment;
    All these keywords.

    JEL classification:

    • J5 - Labor and Demographic Economics - - Labor-Management Relations, Trade Unions, and Collective Bargaining

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