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- W3121296951 abstract "We have analyzed the monitoring role of outside directors in Japan. A detailed classification of each outside director into (1)former bankers; (2)former shareholders; (3)former cross-shareholders; and(4)pure outside directors reveals that only pure outside directors increase the turnover-performance sensitivity of inside directors. That is, we found that the background of each outside director is crucial for his or her role as a monitor." @default.
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- W3121296951 date "2004-08-01" @default.
- W3121296951 modified "2023-09-23" @default.
- W3121296951 title "Cross-Shareholdings, Outside Directors, and Managerial Turnover: The Case of Japan" @default.
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