The effect of corporate governance on firms’ decent work policies in Japan
The effect of corporate governance on firms’ decent work policies in Japan
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公司治理对日本企业体面劳动政策的影响
DOI:
10.1111/1744-7941.12176
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发表时间:
2018
影响因子:
3.2
通讯作者:
Kubo Katsuyuki
中科院分区:
文献类型:
--
作者:
久保克行;Phan Huu Viet;久保 克行;久保 克行;久保克行 内ヶ﨑茂 鈴木啓介 山内浩嗣 瀬古進;久保克行 内ヶ﨑茂 鈴木啓介 山内浩嗣 瀬古進;岩田浩太郎;久保克行;岩田浩太郎;Kubo Katsuyuki
It is often argued that globalization of financial markets leads to change in firms’ human resource practices and employees’ well‐being. To examine the effect of corporate governance on employees’ well‐being, we examine the determinants of firm policies on decent work. Decent work was proposed as a goal by the International Labour Organization, and includes such dimensions as ‘work in conditions of freedom’, ‘equity in work’ and ‘security in work’. We develop a scoring system for firms’ policies on decent work using data on 1258 of Japan's listed firms in 2015. Using this unique dataset, we examine the effect of foreign ownership and outside director ratio on these scores. There is a positive relationship between these corporate mechanisms and firms’ policies. It is suggested that decent work may be promoted by a change in corporate governance.