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Title: コーポレート・ガバナンスにおける会社支配と社外取締役の機能
Other Titles: Corporate Control and the Function of on-Executive Directors in Corporate Governance
Authors: 岩波, 文孝
Authors (alternative): Iwanami, Fumitaka
Issue Date: 25-Dec-2008
Citation: 經營と經濟. 2008, 88(3), p.47-70
Abstract: The spread of corporatization has resulted in the ownership of a company being distributed among a large number of shareholders. At the same time, corporatization has created a divide between the ownership and management. Since one single owner was not in a position to control an entire corporation, the situation promoted the impersonal system, under which ownership and control were separated. Therefore, the debate over corporate governance was taken up the behavior of publicly traded corporations. In the process of reforming corporate governance, the role of a non-executive director or independent director who was responsible for monitoring a corporation was considered to be important. In this paper, I will consider the issue of corporate control with reference to the role of the non-executive directorate on the board. In my study on corporate governance, I will attempt to consider the function of the non-executive directorate from an intercorporate perspective.
Keywords: constrained management control / control through a constellation of interests / interlocking directorates
URI: http://hdl.handle.net/10069/21825
ISSN: 02869101
Type: Departmental Bulletin Paper
Text Version: publisher
Appears in Collections:Volume 88, No. 3

Citable URI : http://hdl.handle.net/10069/21825

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