Data for: Ownership Structure and Market Efficiency: Stockholder/Manager Conflicts at the Dawn of Japanese Capitalism

The data include sales, total assets, paid-in stock, outstanding borrowing, outstanding bond, profit, balance brought forward, stock holding ratio of the president as of the current term, stock holding ratio of the director whose stock holding ratio was the minimum in the board as of the current term and average share prices in the current term of all firms listed on the Tokyo Stock Exchange from 1878 to 1910 as long as the financial statements are available.