RIETI - Emerging Patterns of Corporate Governance among Japanese Firms

Events

Moderator:
	HOSOYA Yuji (Director of Research, RIETI)

9:00-9:10 Opening Remarks

9:10-9:20 Introduction

9:20-10:40 Session 1: Bank-Firm Relationships and Financial Distress

Session Chair:
	MIYAJIMA Hideaki (Faculty Fellow, RIETI / Professor, School of Commerce, Waseda University / Reischauer Institute of Japanese Studies, Harvard University)

Presentations:
	"The Changing Nature of Bank-Firm Relationships" ARIKAWA Yasuhiro (Faculty Fellow, RIETI / Associate Professor, Waseda University) Presentation [PDF:492KB]
	"Corporate Governance in Financial Distress: The New Role of Bankruptcy" XU Peng (Faculty Fellow, RIETI / Professor, Faculty of Economics, Hosei University) Presentation [PDF:328KB]

Comments:
	HORIUCHI Akiyoshi (Professor, Chuo University)

10:50-12:10 Session 2: Changing Ownership Structure

Session Chair:
	ARIKAWA Yasuhiro (Faculty Fellow, RIETI / Associate Professor, Waseda University)

Presentations:
	"Dissolving Cross-shareholding: Why, How and Implications" MIYAJIMA Hideaki (Faculty Fellow, RIETI / Professor, School of Commerce, Waseda University / Reischauer Institute of Japanese Studies, Harvard University) Presentation [PDF:704KB]
	"Foreign Investors and Corporate Governance" Christina L. AHMADJIAN (Professor, Graduate School of International Corporate Strategy, Hitotsubashi University) Presentation [PDF:128KB]

Comments:
	OSANO Hiroshi (Professor, Kyoto Institute of Economic Research, Kyoto University) Presentation [PDF:68KB]

13:20-14:40 Session 3: Corporate Board Reform

Session Chair:
	XU Peng (Faculty Fellow, RIETI / Professor, Faculty of Economics, Hosei University)

Presentations:
	"The Turnaround of 1997: Changes of Japanese Corporate Governance and Corporate Law" SHISHIDO Zenichi (Professor, Law School, Seikei University) Presentation [PDF:156KB]
	"The Changing Corporate Boardroom: Causes and Results" MIYAJIMA Hideaki (Faculty Fellow, RIETI / Professor, School of Commerce, Waseda University / Reischauer Institute of Japanese Studies, Harvard University) Presentation [PDF:244KB]

Comments:
	YANAI Hiroyuki (Japan Association of Corporate Directors)

14:50-16:10 Session 4: Corporate Governance and Employment System

Session Chair:
	HOSOYA Yuji (Director of Research, RIETI)

Presentations:
	"Corporate Finance and Human Resource Management" ABE Masahiro (Faculty Fellow, RIETI / Assistant Professor, Dokkyo University) Presentation [PDF:604KB]
	"Employee Participation, Adjustment and Distributional Conflict" Gregory JACKSON (Visiting Fellow, RIETI / Senior Lecturer, Kings College London) Presentation [PDF:188KB]

Comments:
	MIYAMOTO Mitsuharu (Professor, Graduate School of Economics, Senshu University) Presentation [PDF:72KB]

16:20-18:00 Session 5: Conclusions

Session Chair:
	YOSHITOMI Masaru (President and CRO, RIETI)

Presentations:
	"Institutional Change and the Diversity of Corporate Governance in Japan" Gregory JACKSON (Visiting Fellow, RIETI / Senior Lecturer, Kings College London) MIYAJIMA Hideaki (Faculty Fellow, RIETI / Professor, School of Commerce, Waseda University / Reischauer Institute of Japanese Studies, Harvard University) Presentation 1 [PDF:260KB] Presentation 2 [PDF:380KB]

Comments:
	ITOH Hideshi (Professor, Hitotsubashi University) Presentation [PDF:145KB]
	TERANISHI Juro (Professor, Institute of Economic Research, Hitotsubashi University) Presentation [PDF:88KB]

* The agenda is subject to change.

Emerging Patterns of Corporate Governance among Japanese Firms - Converging to Any Specific Model?