Add to ORKGThis paper explores the relation between corporate governance mechanisms in Japan and the costs of public debt financing. Using a sample of Japanese corporate bond issues during the period 2005-2008, we find that CEO ownership is associated with higher yield spreads after controlling for firm- and bond-specific characteristics. Founding family ownership is also positively related to yield spreads. In contrast, firms with large corporate shareholders enjoy lower yield spreads. These results are robust to various alternative specifications. Overall, our results indicate that corporate governance mechanisms in Japan are important factors affectin
For most of the postwar period, the U.S. and Japan have had polar opposite corporate financial struc...
Over the past ten years there has been much discussion about whether corporate governance in Japan h...
We investigate the effect of corporate governance on corporate transparency in Japan, as indicated b...
This paper investigates whether managerial entrenchment of controlling shareholders affects corporat...
This article examines the effect of managerial ownership (MO) on the cost of debt as mea-sured by th...
This paper examines the influence of corporate governance on the risk taking of Japanese firms. We s...
This paper examines the influence of corporate governance on the risk taking of Japanese firms. We s...
This paper examines the effect of the ownership structure (of debt and equity) on the agency problem...
Using secondary market data on corporate bonds issued in Japan between 1997 and 2005, this paper exp...
This dissertation investigates why a substantial number of common stocks is held by companies in ma...
Using secondary market data on corporate bonds issued in Japan between 1997 and 2005, this paper exp...
The author examines the structure of corporate ownership in a sample of Japanese firms in the mid 19...
This paper investigates the effects of the ownership structure on the R&D intensity. Using the Japan...
We propose a U-shaped relation between the relative weight of bank loans in total corporate debt and...
Like the United States, managers of Japan's large companies since the early 1950s have had great aut...
For most of the postwar period, the U.S. and Japan have had polar opposite corporate financial struc...
Over the past ten years there has been much discussion about whether corporate governance in Japan h...
We investigate the effect of corporate governance on corporate transparency in Japan, as indicated b...
This paper investigates whether managerial entrenchment of controlling shareholders affects corporat...
This article examines the effect of managerial ownership (MO) on the cost of debt as mea-sured by th...
This paper examines the influence of corporate governance on the risk taking of Japanese firms. We s...
This paper examines the influence of corporate governance on the risk taking of Japanese firms. We s...
This paper examines the effect of the ownership structure (of debt and equity) on the agency problem...
Using secondary market data on corporate bonds issued in Japan between 1997 and 2005, this paper exp...
This dissertation investigates why a substantial number of common stocks is held by companies in ma...
Using secondary market data on corporate bonds issued in Japan between 1997 and 2005, this paper exp...
The author examines the structure of corporate ownership in a sample of Japanese firms in the mid 19...
This paper investigates the effects of the ownership structure on the R&D intensity. Using the Japan...
We propose a U-shaped relation between the relative weight of bank loans in total corporate debt and...
Like the United States, managers of Japan's large companies since the early 1950s have had great aut...
For most of the postwar period, the U.S. and Japan have had polar opposite corporate financial struc...
Over the past ten years there has been much discussion about whether corporate governance in Japan h...
We investigate the effect of corporate governance on corporate transparency in Japan, as indicated b...