Chief Executive Compensation and Corporate Groups in Japan: New Evidence From Micro Data
AbstractA growing body of literature has arisen analyzing compensation levels of Japanese CEOs. In this paper, Kato first looks at what compensation levels during the 1980s to examine the differences between Japanese executives whose firms are members of corporate groups (those linked by their relationships to a main bank and by cross-holding of equity) and those that are independent.
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Bibliographic InfoPaper provided by EconWPA in its series Macroeconomics with number 9904010.
Length: 34 pages
Date of creation: 15 Apr 1999
Date of revision:
Note: Type of Document - Acrobat PDF; prepared on IBM PC; to print on PostScript; pages: 34; figures: included
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Other versions of this item:
- Kato, Takao, 1997. "Chief executive compensation and corporate groups in Japan: New evidence from micro data," International Journal of Industrial Organization, Elsevier, vol. 15(4), pages 455-467, July.
- Takao Kato, 1994. "Chief Executive Compensation and Corporate Groups in Japan: New Evidence from Micro Data," Economics Working Paper Archive wp_117, Levy Economics Institute, The.
- Takao Kato, 1999. "Chief Executive Compensation and Corporate Groups in Japan: New Evidence From Micro Data," Macroeconomics 9906003, EconWPA.
- E - Macroeconomics and Monetary Economics
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- Randall Morck & Masao Nakamura, 1999. "Banks and Corporate Control in Japan," Journal of Finance, American Finance Association, vol. 54(1), pages 319-339, 02.
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- Kato, Takao & Hebner, Kevin J., 1997. "Insider trading and executive compensation: Evidence from the U.S. and Japan," International Review of Economics & Finance, Elsevier, vol. 6(3), pages 223-237.
- Takao Kato, Larry W. Taylor, 1994. "The Timing of Promotion to Top Management in the U.S. and Japan: A Duration Analysis," Economics Working Paper Archive wp_121, Levy Economics Institute, The.
- White, Halbert, 1980. "A Heteroskedasticity-Consistent Covariance Matrix Estimator and a Direct Test for Heteroskedasticity," Econometrica, Econometric Society, vol. 48(4), pages 817-38, May.
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