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Why Japanese Firms Choose to Certify: A Study of Managerial Responses to Environmental Issues
Abstract This paper examines empirically the determinants that led large Japanese manufacturers to (1) incorporate environmental goals in their decisions, (2) obtain environmental certification (ISOExpand
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Banks, Ownership Structure, and Firm Value in Japan
We investigate the relation between firms' ownership structures and q ratios in Japan. At low levels of ownership by main banks, firms' q ratios fall as bank equity ownership rises. At higher levelsExpand
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Banks and Corporate Control in Japan
Using a large sample of Japanese firm level data, we find that Japanese banks act primarily in the short term interests of creditors when dealing with firms outside bank groups. Corporate controlExpand
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Dehydration of serpentinized slab mantle: Seismic evidence from southwest Japan
The seismicity in the subducting Philippine Sea slab (PHS) beneath southwest Japan shows a variety of modes of occurrence. We try to explain this variety on the basis of dehydration embrittlement inExpand
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Crustal structure across the coseismic rupture zone of the 1944 Tonankai earthquake, the central Nankai Trough seismogenic zone
[1] Differences in the coseismic rupture process between the 1944 Tonankai and the 1946 Nankaido earthquakes have been studied by many fault models. To understand what factors control coseismicExpand
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Adoption of just-in-time manufacturing methods at US- and Japanese-owned plants: some empirical evidence
Since the early 1980s, when Japanese manufacturing firms in a number of industries-including auto, electronics, and machinery-achieved high levels of international competitiveness, JapaneseExpand
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Model specification and endogeneity
This paper considers the treatment of endogenous explanatory variables in the work of the Cowles Commission and in Carl Christ's classic 1966 textbook, and certain problems that arise when thisExpand
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A Frog in a Well Knows Nothing of the Ocean: A History of Corporate Ownership in Japan
Japan’s corporate sector has, over the past century, been reorganized according to every major corporate governance model. Prior to World War II, wealth Japanese families locked in their control overExpand
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Modeling the performance of US direct investment in Japan: Some empirical estimates
Foreign firms' direct investments in Japan increased from about $930 million in 1984 to $2.2 billion in 1987, and are still increasing at a rapid rate. Most of these investments come from the UnitedExpand
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Japanese Corporate Governance and Macroeconomic Problems
Japan's prolonged economic problems are due to more than faulty macro-economic policies. We do not deny the importance of bungled macro-economic policy, but argue than deeper maladies in JapaneseExpand
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