This paper offers an empirical test of complementarities among delegated authority,
accountability, and monitoring, using unique survey data collected from group-affiliated …

This study examines whether and how Japanese carve-outs enhance the wealth of their
parent companies' shareholders. In considering the differences between US and Japanese …

Under incompleteness of contracts, we consider one role of unions is to function as
commitment devices. When wage and dismissal rates contingent on the states are not …

We consider why blue collar workers are more likely to organize unions than white collar
workers by looking at commitment devices and imperfect signals on workers' actions. Under …

Diversity in ownership structures of public companies worldwide poses a challenge for
standards setters when developing a concept of the" reporting entity." It is an empirical …

This paper offers an empirical test of complementarities among delegated authority,
accountability, and monitoring, using unique survey data collected from groupaffiliated …

We consider why blue collar workers are more likely to organize unions than white collar
workers from a view of commitment devices and the moral hazard problem. Under …

Under incompleteness of contracts, we consider one role of unions to be as a commitment
device. When wage and dismissal rate contingent on the states are not described in labor …

This paper offers an empirical test of complementarities among delegated authority,
responsibility, and monitoring, using unique survey data collected from group-affiliated …

要旨本稿の目的は親会社による子会社のガバナンスを実証的に分析することにある.
われわれがとりわけ注目するのは, 企業グループの中核にある大企業が事業持株会社であるという …