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CEO Compensation in Japan: Why So Different from the United States?

Pan, Luyao; Zhou, Xianming


In Mar. 2010, Japan's financial regulator implemented the country's first legislation concerning the disclosure of director compensation for named individuals. Using the first publicly available data for Japanese executives, we document direct evidence on the level, structure, and mechanisms of chief executive officer (CEO) compensation in Japan and perform a matched-sample comparison between Japan and the United States. In contrast to the findings of recent studies showing that international...[Show more]

CollectionsANU Research Publications
Date published: 2018
Type: Journal article
Source: Journal of Financial and Quantitative Analysis
DOI: 10.1017/S0022109018000315


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