The dual audit system for joint stock companies in Japan
The origin of the statutory audits of joint stock companies in Japan can be traced back to the Commercial Code of 1890 (CC) when audits by appointed individuals who served within the company as corporate auditors were established. These CC auditors, selected by shareholders, sought to protect the interests of existing stockholders not those of prospective public market investors. In contrast, Western style external independent auditing in Japan can be traced back to proposed but unsuccessful legislation at the beginning of the twentieth century, which subsequently came into effect in 1951 under the Securities and Exchange Law (SEL). This paper examines the circumstances and differences regarding the development of Japan's dual audit system in order to contribute to our understanding of comparative audit processes in developed economies.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 20 (2010)
Issue (Month): 3 ()
|Contact details of provider:|| Web page: http://www.tandfonline.com/RABF21|
|Order Information:||Web: http://www.tandfonline.com/pricing/journal/rabf21|
When requesting a correction, please mention this item's handle: RePEc:taf:acbsfi:v:20:y:2010:i:3:p:317-326. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Michael McNulty)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.