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The Influence of Corporate Governance on Long-term Employment:A Study Using Data on Japanese Listed Firms

Okamoto, Hisashi and Matsuura, Tsukasa (2015): The Influence of Corporate Governance on Long-term Employment:A Study Using Data on Japanese Listed Firms.

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Abstract

This paper examines two hypotheses:the firm governance structure influences union formation, and the presence of labour unions fosters long-term employment practices.

Results show that unionised firms have an average employee tenure 4.7 years longer than that of non-unionised firms, and that the influence of labour unions on long-term employment practices is underestimated.

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