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AN EXAMINATION OF BOARD SIZE EFFECT IN A RELATIONSHIP-ORIENTED SYSTEM: EVIDENCE FROM JAPAN
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Hideaki Sakawa 
, Naoki Watanabel
Abstract
This paper examines whether or not board size effect hypothesis exist in Japan. We make two points about it. First, board size effect exists in Japanese firm which adopt the relationshiporiented system. Second, banks take a part of effective monitoring as stockholder, but do not take it as outside directors.
Keywords: Board of Directors; Board size effect; Relationship-Oriented System
How to cite this paper: Sakawa, H., & Watanabel, N. (2007). An examination of board size effect in a relationship-oriented system: Evidence from Japan. Corporate Board: role, duties and composition, 3(2), 24-27. https://doi.org/10.22495/cbv3i2art2
