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Top Executive Turnover in Japanese Non-listed Firms: Causes and Consequences
http://hdl.handle.net/10086/17299
http://hdl.handle.net/10086/17299b5008dd7-4026-41b4-86ee-8deb212b791a
| 名前 / ファイル | ライセンス | アクション |
|---|---|---|
pie_dp424.pdf (101342 bytes)
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| アイテムタイプ | デフォルトアイテムタイプ（フル）その２(1) | |||||||||||||||||
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| 公開日 | 2017-05-20 | |||||||||||||||||
| タイトル | ||||||||||||||||||
| タイトル | Top Executive Turnover in Japanese Non-listed Firms: Causes and Consequences | |||||||||||||||||
| 言語 | en | |||||||||||||||||
| 作成者 |
植杉, 威一郎
× 植杉, 威一郎
NRID
1000040371182
× 齊藤, 有希子
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| 寄与者 | ||||||||||||||||||
| 寄与者タイプ | Editor | |||||||||||||||||
| 姓名 | 世代間問題研究プロジェクト（世代間問題の経済分析） = Economic Analysis of Intergenerational Issues, Project on Intergenerational Equity | |||||||||||||||||
| 言語 | en | |||||||||||||||||
| 寄与者 | ||||||||||||||||||
| 寄与者タイプ | Editor | |||||||||||||||||
| 姓名 | 一橋大学経済研究所世代間問題研究機構 = Center for Intergenerational Studies, Institute of Economic Research, Hitotsubashi University | |||||||||||||||||
| 言語 | en | |||||||||||||||||
| アクセス権 | ||||||||||||||||||
| アクセス権 | open access | |||||||||||||||||
| アクセス権URI | http://purl.org/coar/access_right/c_abf2 | |||||||||||||||||
| 内容記述 | ||||||||||||||||||
| 内容記述タイプ | Other | |||||||||||||||||
| 内容記述 | 3/14/2009 | |||||||||||||||||
| 言語 | en | |||||||||||||||||
| 内容記述 | ||||||||||||||||||
| 内容記述タイプ | Abstract | |||||||||||||||||
| 内容記述 | We examine the pattern of top executive turnover among small non-listed businesses in Japan using a unique panel data set of about 25,000 firms for 2001-2007 and find the following. First, the likelihood of a change in top executive among non-listed firms is independent of their ex-ante performance, especially when the firms are owned by the top executives themselves or by their relatives. Second, non-listed firms which experienced a top executive turnover saw an improvement in ex-post performance relative to firms without turnover. The extent of the improvement is similar between non-listed firms and listed firms. All of the above results indicate that underperforming non-listed firms do not face disciplinary pressure to replace their executive, but that once new top executives are in place, they exert high managerial effort and thus significantly improve their firm's profitability. | |||||||||||||||||
| 出版者 | ||||||||||||||||||
| 出版者 | Institute of Economic Research, Hitotsubashi University | |||||||||||||||||
| 日付 | ||||||||||||||||||
| 日付 | 2009-03 | |||||||||||||||||
| 日付タイプ | Issued | |||||||||||||||||
| 言語 | ||||||||||||||||||
| 言語 | eng | |||||||||||||||||
| 資源タイプ | ||||||||||||||||||
| 資源タイプ識別子 | http://purl.org/coar/resource_type/c_18gh | |||||||||||||||||
| 資源タイプ | technical report | |||||||||||||||||
| 出版タイプ | ||||||||||||||||||
| 出版タイプ | VoR | |||||||||||||||||
| 出版タイプResource | http://purl.org/coar/version/c_970fb48d4fbd8a85 | |||||||||||||||||
| 関連情報 | ||||||||||||||||||
| 関連タイプ | isPartOf | |||||||||||||||||
| 関連名称 | PIE/CIS Discussion Paper ; No. 424 | |||||||||||||||||
| ページ数 | ||||||||||||||||||
| ページ数 | 26 | |||||||||||||||||
| Sponsorship | ||||||||||||||||||
| 値 | 科学研究費補助金（特別推進研究） = Grant-in-Aid for Specially Promoted Research | |||||||||||||||||
