scholarly journals The Motivating Role of Sentiment in ESG Performance: Evidence from Japanese Companies

2021 ◽  
Vol 25 (2) ◽  
pp. 125-150
Author(s):  
Ngoc Bao Vuong ◽  
Yoshihisa Suzuki
Keyword(s):  
2016 ◽  
Vol 1 (1) ◽  
Author(s):  
Mayasuki Kondo

<p>In the age of globalization, Japanese companies are globalizing their operations. They have recently been increasing the number of overseas R&amp;D centers in Asia, especially in China and Thailand. Using the United States patent and industrial design data, the paper finds the following points quantitatively. Japanese companies are increasing the number of patents and industrial designs created in the two countries. They used local talents from the beginning in China for both patents and industrial designs. In Thailand, they used local talents for industrial designs from the beginning, while Japanese expertise in Thailand was used for patents in the beginning. In any case, the role of Japanese in Japan is important. Compared with multi-national companies (MNCs) from other countries, the IP creation activities of Japanese companies are weak compared to their amount of foreign direct investment to China and Thailand.</p>


Author(s):  
Takaya Seki

The majority of Japanese companies have taken what they regard as significant steps in the direction of accountability. In Japan, however, there is a different conception of the role of the board, the function of corporate governance, and the purpose of the corporation. This chapter argues that significant changes in these enduring Japanese corporate values and practices can only be accomplished if a more convincing theory and model of the corporation is proposed. In important respects, the contemporary evolution of corporate governance in Japan reflects the fundamental dilemmas inherent in defining corporate purpose that were first recognized by Berle and Means. The negotiation of the contemporary corporate community, purpose, and strategy in Japan will be of relevance to the definition of the distinctive orientations of Asian corporations.


Subject Reform of foreign investment regulations in Japan. Significance The cabinet has approved revisions to the Foreign Exchange and Foreign Trade Act that impose tougher controls on foreign investment in Japanese companies in strategically sensitive industries. The proposal is scheduled for submission to parliament before the current session ends next month. It is likely to pass and could take effect by March 2021. Its full effects will become clear only once the ministries publish rules that clarify ambiguities and as experience accumulates of how it is implemented in practice. Impacts Investors may become more cautious about their acquisitions, but could still be caught in time-consuming bureaucratic reviews. Despite government attempts to allay concerns, the role of foreign activist shareholders in Japanese companies will be tempered. The rules will not necessarily actually block investments, but will delay many and might deter some from even being attempted.


2021 ◽  
Vol 5 (S1) ◽  
pp. 404-412
Author(s):  
Ratna Supiyah ◽  
Kokom Komariah ◽  
Aa Hubur ◽  
Rahul Chauhan ◽  
Ruly Artha

Impatience with the prevailing wage system - due to its components that place too much emphasis on non-monetary rewards and too much emphasis on age and seniority - is evident among young workers. The Directors strongly felt that the growing pool of trained workers in the city did not fit into the current system of relations in the factory. These feelings are expressed both in training programs intended to instill traditional values ??and in prevailing recruitment procedures. There are no examples of other types of tension and anxiety-caused by lagging the current factory system from (to) the changes taking place. In society at large - rather than the role of women in Japanese companies. Perhaps more than any other interaction. The relationship between men and women in Japan is very different from what has developed in the West. Perhaps more than any other type of relationship, the changes caused and accelerated by the events of the last years have influenced the roles, attitudes and behavior of Japanese women. The resulting tensions were evident in factories and in the offices of large Japanese companies. 


Author(s):  
Evgeny A. Kanaev ◽  
◽  
Pavel S. Shaternikov ◽  
Ekaterina А. Vaseneva ◽  

The article explores the potential of Singapore as a point of entry to the market of Association of Southeast Asian Nations (ASEAN) within the framework of the ASEAN Economic Community (AEC). Starting from an analysis of the specificity of AEC as a multilateral project, the paper proceeds with revealing the institutional links between Singapore Business Federation and AEC to finally turn to identifying the extent to which Japanese companies see Singapore’s institutions as mechanisms to expand their presence to the rest of Southeast Asia. In the authors’ opinion, from the ASEAN market entry perspective the potential of Singapore, for all its outstanding achievements as an area of doing business excellence, should not be overestimated.


2017 ◽  
Vol 2 (3) ◽  
pp. 58
Author(s):  
Hiroshi Ohnuma ◽  
Joe Sakurada

This study focuses on a transfer pricing taxation (TPT) action as one of corporate governance issues. TPT is a tool for preventing the manipulation of transfer pricing. We investigate which factors affect corporate valuation, using a sample of Japanese companies to which TPT was unintentionally applied. With this regard, we put emphasis on the role of corporate governance for the preparation against a risk event. In addition, we attempt to determine what kinds of corporate governance structure are most likely to prepare for an unexpected TPT inspection. As a result of our examination, we find that the association of the directors’ shareholding ratio (DIR) with the cumulative abnormal rate of return (CAR) is statistically significant. We also find that this relation has both a hump and a negative hump, which implies that it is a cubic function. Based on these results, we conclude that a DIR of about 5% is the optimum ratio for a firm facing an emergency situation, and this shows some implications about what kinds of corporate governance structure.


2010 ◽  
Vol 14 (05) ◽  
pp. 947-963 ◽  
Author(s):  
YASUYUKI ISHII

In this paper, I examine the role of patent stock, citation stock and objection stock in the analysis of R&D productivity and the exact interrelationships between those stocks by using new data on 100 large Japanese companies. I find, first, that citation and objection stock represent the knowledge stock of the company well, whereas patent stock itself is an ineffective proxy for the knowledge stock. Objection stock seems to be the best proxy for the knowledge stock. Second, citation and objection stocks are effective in playing the role of control factors for successful R&D stock, whereas patent stock is only effective if lags in R&D stock are incorporated. Third, citation and objection stocks are good proxies for controlling for the quality of patent stock. Citation stock seems to be the best variable for controlling for R&D stock and patent stock.


Sign in / Sign up

Export Citation Format

Share Document