'Outside' Intervention in Japanese Companies: Its Determinants and Implications for Mangers
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This paper estimates the determinants of appointments of 'outsiders' -- directors previously employed by banks or other non-financial firms -- to the boards of large (non-financial) Japanese companies. Appointments of both types of 'outsiders' increase with poor stock performance; those of bank
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美国国家经济研究局创建时间：
1993-02-01
