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Exchange rates and ownership structure of Japanese multinational firms

✍ Scribed by Hidefumi Kasuga

Book ID: 113681356
Publisher: Elsevier Science
Year: 2008
Tongue: English
Weight: 195 KB
Volume: 20
Category: Article
ISSN: 0922-1425
DOI: 10.1016/j.japwor.2007.07.002

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## Abstract This study analyzes the impact of ownership structure on innovation in the US and Japan. Agency theory is used to develop links between the distinct patterns of ownership in the US and Japan to differences in innovation. Empirical evidence shows that ownership concentration and the iden