Abstract
Within the recent debates on corporate governance the Japanese system has drawn attention because it seems to differ significantly from the well-known Anglo-US model, and more subtly from the German model (cf. OECD, 1995a). Within Japan, interest has centred on whether reforms are now needed to a system which served well during a time of less international openness and much faster growth but may now be an impediment to flexible adjustment.
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The author wishes to thank the OECD for permission to publish material in this paper which was originally prepared for the OECD Country Study, Japan in 1996.
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Corbett, J. (1998). Changing Corporate Governance in Japan. In: Balling, M., Hennessy, E., O’Brien, R. (eds) Corporate Governance, Financial Markets and Global Convergence. Financial and Monetary Policy Studies, vol 33. Springer, Boston, MA. https://doi.org/10.1007/978-1-4757-2633-6_6
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DOI: https://doi.org/10.1007/978-1-4757-2633-6_6
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