We discuss why corporate misconduct is increasing in Japan through a lenses of comparative corporate governance. We find that managerial ownership under stakeholder logic decreases whereas foreign ownership under shareholder logic increases corporate misconduct. Although stock options bring in strong shareholder logic, it has different effects on above mentioned relationships.
|出版ステータス||Published - 2017|
|イベント||77th Annual Meeting of the Academy of Management, AOM 2017 - Atlanta, United States|
継続期間: 2017 8月 4 → 2017 8月 8
|Other||77th Annual Meeting of the Academy of Management, AOM 2017|
|Period||17/8/4 → 17/8/8|
ASJC Scopus subject areas