Book2016

Global Perspectives on Corporate Governance and CSR

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Corporate Social Responsibility Reporting Corporate Governance and Financial Management Governance, Compliance, and Sustainability

Abstract

This chapter analyses the evolution of corporate governance and ownership of keiretsu focusing on vertical manufacturing keiretsu and highlighting structural changes affecting governance modes. Since the end of the 1990s, vertical keiretsu have undergone restructuring plans designed to better prepare them to face the competition especially in the automobile industry. Foreign direct investment (FDI) has increased, foreign companies made acquisitions of large stakes in keiretsu such as Nissan, Mitsubishi Motors.

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References

1976Markets and Hierarchies: Analysis and Antitrust Implications.2002Beyond the business case for corporate sustainability 1996Firm Performance and Mechanisms to Control Agency Problems between Managers and Shareholders 2004Corporate Governance and Accountability 2008Corporate Sustainability Reporting: A Study in Disingenuity?2013The Ecology of Commerce 1997Multiple Stakeholder Orientation in UK Companies and the Implications for Company Performance 1975The Social Challenge to Business

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