Stakeholders & shareholders: Japan - UK
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Is Japan Really a "Buy"? The Corporate Governance, Cash Holdings, and Economic Performance of Japanese Companies - Academic Commons

Over the past ten years there has been much discussion about whether corporate governance in Japan has improved and, if so, whether this results in improved corporate performance.

Via Rick Yvanovich
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Rick Yvanovich's curator insight, December 29, 2012 5:50 AM

In summay, according to this paper, the answer is yes, improving corporate governance drives lower cash holdings and better performance in Japanese companies.