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oai:senshu-u.repo.nii.ac.jp:00001689 2023-07-25T13:44:16Z 27:83:180:224:234

Corporate Governance and Mutual versus Stock Ownership : A Case Study of Heisei Life Insurance Crisis Sugino, Fumitoshi 杉野 文俊 managers' behavior oral history unlisted companies Heisei Life Insurance Crisis was unprecedented phenomenon in the history which dramatically changed the life insurance industry in Japan. Among the 7 bankrupt insurers, 5 were mutual and 2 were stock companies. Now that the oral history of the managers’ behavior leading up to the failure is available, it is worthwhile to revisit the issue of corporate governance and mutual versus stock ownership in the Japanese life insurers. By closely reviewing the situation of the 7 insurers as well as one more bankrupt insurer, there will be some limited conclusions drawn as to the views presented in the existing theoretical study which generally affirm the existence of mutual companies and do not see so much significance in making a comparative study between mutual and stock ownership. 専修大学学会 2013-01-31 eng departmental bulletin paper NA https://doi.org/10.34360/00001683 https://senshu-u.repo.nii.ac.jp/records/1689 10.34360/00001683 0386-5819 AN0013244X 専修商学論集 SENSHU SHOGAKU RONSHU : Commercial Review of Senshu University 96 81 95 https://senshu-u.repo.nii.ac.jp/record/1689/files/1041_0096_05.pdf application/pdf 137.9 kB 2013-04-09