R&P Office hosts Dr Takahiro NISHI from Meiji University in Japan on Feb 22
18 February, 2018: The Research and Publications(R&P) office at IIM Bangalore will host a seminar titled, ‘Ownership and Board Diversity, Innovation: Evidence from Japan’ by Dr. Takahiro NISHI, Meiji University,Japan, on February 22 (Friday), at Classroom C21, from 3:00 p.m. onwards.
The abstract of Dr. NISHI’s study indicates that Japanese corporate governance has recently experienced a major reform characterized by corporate governance code and the revision of corporate law. The trend toward corporate governance reform is inclined to make board composition diverse. It aims for corporations to take risks and embark on innovative business. A board with a diverse composition may contribute to ensuring that different opinions and perspectives flow into the boardroom, which leads to stimulating discussions and prevents the board from falling into groupthink.
The study examines the effect of ownership and board diversity on R&D and innovation in Japanese corporations. It divides board diversity into board demographic diversity and board task-related diversity. The findings are that the interaction between institutional investor ownership and board task-related diversity have a positive effect on the patent application as a surrogate of innovation. The implication of this study is that by introducing diversity in the boardroom without caring ownership and a positive corporate situation, corporate governance practice may become ostensible.
Dr. Takahiro NISHI is an associate professor of School of Commerce in Meiji university, Tokyo, Japan. His main research field is corporate governance which he has been studying for many years. He has examined the relationship between the institutional context and corporate governance structure. He is focused on studying the behavioural aspects of corporate boards or top management in involving strategic decisions of top management in the social context. As a sub major, he studies fashion business and consumer behaviour, which is the educational area of interest in the School of Commerce, Meiji University. He analyses the psychological aspects of Japanese consumers’ preference for fashion brands, while exploring the strategic issues involved in luxury brand apparel.
R&P Office hosts Dr Takahiro NISHI from Meiji University in Japan on Feb 22
18 February, 2018: The Research and Publications(R&P) office at IIM Bangalore will host a seminar titled, ‘Ownership and Board Diversity, Innovation: Evidence from Japan’ by Dr. Takahiro NISHI, Meiji University,Japan, on February 22 (Friday), at Classroom C21, from 3:00 p.m. onwards.
The abstract of Dr. NISHI’s study indicates that Japanese corporate governance has recently experienced a major reform characterized by corporate governance code and the revision of corporate law. The trend toward corporate governance reform is inclined to make board composition diverse. It aims for corporations to take risks and embark on innovative business. A board with a diverse composition may contribute to ensuring that different opinions and perspectives flow into the boardroom, which leads to stimulating discussions and prevents the board from falling into groupthink.
The study examines the effect of ownership and board diversity on R&D and innovation in Japanese corporations. It divides board diversity into board demographic diversity and board task-related diversity. The findings are that the interaction between institutional investor ownership and board task-related diversity have a positive effect on the patent application as a surrogate of innovation. The implication of this study is that by introducing diversity in the boardroom without caring ownership and a positive corporate situation, corporate governance practice may become ostensible.
Dr. Takahiro NISHI is an associate professor of School of Commerce in Meiji university, Tokyo, Japan. His main research field is corporate governance which he has been studying for many years. He has examined the relationship between the institutional context and corporate governance structure. He is focused on studying the behavioural aspects of corporate boards or top management in involving strategic decisions of top management in the social context. As a sub major, he studies fashion business and consumer behaviour, which is the educational area of interest in the School of Commerce, Meiji University. He analyses the psychological aspects of Japanese consumers’ preference for fashion brands, while exploring the strategic issues involved in luxury brand apparel.