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- W1567251243 abstract "The current economic crisis of Japan may be attributed largely to the dysfunction of the corporate go- verance system. The post-war break- up of Zaibatsu family trusts resulted in management control. The President has shielded himself from the disci- pline of the capital market through cross-shareholdings, cross- directorships and long-term business relations, in particular with the main bank. Internal and external mecha- nisms of control became inefficient . Up until the 80s the large discretiona- ry power of the President assured shareholders a higher return on i n- vestment by international compari- son. This management control backfi- red early 90s." @default.
- W1567251243 created "2016-06-24" @default.
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- W1567251243 date "1998-01-01" @default.
- W1567251243 modified "2023-09-28" @default.
- W1567251243 title "La gouvernance des entreprises au Japon : les causes de son dysfonctionnement" @default.
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