OWNERSHIP STRUCTURE AND FIRM PROFITABILITY IN JAPAN.

Eric R. Gedajlovic · Daniel M. Shapiro

304 citations0/0 files storedAcademy of Management Journal

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Corporate Finance and Governance Firm Innovation and Growth Family Business Performance and Succession

Abstract

We examined the relationship between the ownership structure and financial performance of 334 Japanese corporations for the 1986–91 period. The positive relationship we found between ownership conc...

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References

1976Theory of the firm: Managerial behavior, agency costs and ownership structure 1991Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations 1997A Survey of Corporate Governance 2021Econometric Analysis of Panel Data 1989Agency Theory: An Assessment and Review 1996Production, Information Costs and Economic Organization 2000The separation of ownership and control in East Asian Corporations 1993Economics, Organization and Management.

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