IDEAS home Printed from
   My bibliography  Save this paper

Reform of Governance in Cooperative Financial Institutions: The scale of shinkin banks' boards of directors and management performance (Japanese)


  • YAMORI Nobuyoshi


Strengthening the governance of financial institutions has become a major issue in recent years. For example, debates on acquisition pressure and the system of appointing external directors regarding joint-stock companies can apply to banks that have adopted the joint-stock company system, but the same is not true of shinkin banks, which are cooperative financial institutions. In this paper we focus on the shinkin bank board of directors, the core entity for conduct of business by shinkin banks and business oversight functions. Specifically, we analyze the factors that determine the scale of the boards of directors of shinkin banks and the relationship between the scale of those boards and the banks' management performance. As regards the former, we confirm that the larger the scale of a shinkin bank's assets, the larger its board of directors tends to be. We also confirm, however, that compared with the number of employees, the number of directors has a weak correlation with the scale of shinkin banks' assets, and factors other than asset scale play a considerable role in determining the number of directors. In regard to the latter, we find that, unlike previous research conducted on joint-stock companies, it is not possible to discern any clear correlation between board scale and management performance.

Suggested Citation

  • YAMORI Nobuyoshi & TOMIMURA Kei & HARIMAYA Kozo, 2008. "Reform of Governance in Cooperative Financial Institutions: The scale of shinkin banks' boards of directors and management performance (Japanese)," Discussion Papers (Japanese) 08044, Research Institute of Economy, Trade and Industry (RIETI).
  • Handle: RePEc:eti:rdpsjp:08044

    Download full text from publisher

    File URL:
    Download Restriction: no

    More about this item


    Access and download statistics


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eti:rdpsjp:08044. 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: (MATSUKURA, Taeko). General contact details of provider: .

    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.

    We have no references for this item. You can help adding them by using 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 RePEc Author Service 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.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.