{"id":2952,"date":"2022-01-27T03:48:53","date_gmt":"2022-01-27T03:48:53","guid":{"rendered":"https:\/\/department-of-japanese-studies.local\/?p=2952"},"modified":"2022-01-27T03:48:53","modified_gmt":"2022-01-27T03:48:53","slug":"bangladeshs-learning-from-corporate-governance-in-japan","status":"publish","type":"post","link":"https:\/\/djs.du.ac.bd\/?p=2952","title":{"rendered":"Bangladesh&#8217;s Learning from Corporate Governance in Japan"},"content":{"rendered":"<p>[fusion_builder_container hundred_percent=&#8221;no&#8221; hundred_percent_height=&#8221;no&#8221; hundred_percent_height_scroll=&#8221;no&#8221; hundred_percent_height_center_content=&#8221;yes&#8221; equal_height_columns=&#8221;no&#8221; menu_anchor=&#8221;&#8221; hide_on_mobile=&#8221;small-visibility,medium-visibility,large-visibility&#8221; status=&#8221;published&#8221; publish_date=&#8221;&#8221; class=&#8221;&#8221; id=&#8221;&#8221; link_color=&#8221;&#8221; link_hover_color=&#8221;&#8221; border_size=&#8221;&#8221; 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column_min_width=&#8221;&#8221; column_spacing=&#8221;&#8221; rule_style=&#8221;default&#8221; rule_size=&#8221;&#8221; rule_color=&#8221;&#8221; hide_on_mobile=&#8221;small-visibility,medium-visibility,large-visibility&#8221; class=&#8221;&#8221; id=&#8221;&#8221; animation_type=&#8221;&#8221; animation_direction=&#8221;left&#8221; animation_speed=&#8221;0.3&#8243; animation_offset=&#8221;&#8221;]<\/p>\n<p style=\"text-align: center;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">Bangladesh\u2019s Learning from Corporate Governance in Japan<\/span><\/p>\n<p style=\"text-align: center;\"><strong><span style=\"font-family: 'times new roman', times, serif; font-size: 10pt;\">Shiblee Noman*<\/span><\/strong><br \/>\n<strong><span style=\"font-family: 'times new roman', times, serif; font-size: 10pt;\">Sheikh Rashid Bin Islam**<\/span><\/strong><\/p>\n<p style=\"text-align: center;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 10pt;\">* Shiblee Noman is a Lecturer at the Department of Japanese Studies, University of Dhaka. <\/span><span style=\"font-family: 'times new roman', times, serif; font-size: 10pt;\">E-mail: shibleenoman.djs@du.ac.bd<\/span><br \/>\n<span style=\"font-family: 'times new roman', times, serif; font-size: 10pt;\">** Sheikh Rashid Bin Islam is a Research Intern at the Institute of Informatics and Development <\/span><span style=\"font-family: 'times new roman', times, serif; font-size: 10pt;\">(IID). E-mail: sheikhrashidbinislam@gmail.com<\/span><\/p>\n<p><strong><span style=\"font-family: 'times new roman', times, serif; font-size: 10pt;\">Abstract<\/span><\/strong><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 10pt;\">This paper attempts to investigate the practice of corporate governance in <\/span><span style=\"font-family: 'times new roman', times, serif; font-size: 10pt;\">Japan since it has largely contributed to the country\u2019s financial management. That, in turn, <\/span><span style=\"font-family: 'times new roman', times, serif; font-size: 10pt;\">led to the unprecedented economic boom of Japan. The practice and objective of corporate <\/span><span style=\"font-family: 'times new roman', times, serif; font-size: 10pt;\">governance have got a different momentum in Japan despite its origin from the firm\u2019s\u00a0 <\/span><span style=\"font-family: 'times new roman', times, serif; font-size: 10pt;\">Anglo-American theories, particularly \u2018Agency theory.\u2019 The convergence and divergence <\/span><span style=\"font-family: 'times new roman', times, serif; font-size: 10pt;\">in corporate governance due to innovation and customisation of practices fitting in with <\/span><span style=\"font-family: 'times new roman', times, serif; font-size: 10pt;\">the national culture have made Japan\u2019s practice different. The model Japan has evolved is <\/span><span style=\"font-family: 'times new roman', times, serif; font-size: 10pt;\">now being attempted to be replicated by many developed economies. Issues like a stockexchange <\/span><span style=\"font-family: 'times new roman', times, serif; font-size: 10pt;\">scam, business organisations functioning as pressure groups, and electronic <\/span><span style=\"font-family: 'times new roman', times, serif; font-size: 10pt;\">robbery in the Central Bank of Bangladesh have shown us that as a growing economy in <\/span><span style=\"font-family: 'times new roman', times, serif; font-size: 10pt;\">South Asia, Bangladesh requires a model to adapt and learn from the existing practices of <\/span><span style=\"font-family: 'times new roman', times, serif; font-size: 10pt;\">corporate governance to ensure the acceleration of economic development. This paper is <\/span><span style=\"font-family: 'times new roman', times, serif; font-size: 10pt;\">a qualitative review study based on the existing literature\u2014journal articles, book chapters, <\/span><span style=\"font-family: 'times new roman', times, serif; font-size: 10pt;\">newspaper articles, interviews of experts, and periodicals. The paper attempts to identify <\/span><span style=\"font-family: 'times new roman', times, serif; font-size: 10pt;\">the practice of corporate governance in Japan and prescribe a possible model for <\/span><span style=\"font-family: 'times new roman', times, serif; font-size: 10pt;\">Bangladesh to contribute to the economic growth of this developing economy.<\/span><\/p>\n<p><span style=\"font-family: 'times new roman', times, serif; font-size: 10pt;\"><strong>Keywords<\/strong> Corporate Governance . Japan . Bangladesh . Learning . Economic Growth<\/span><\/p>\n<p><span style=\"font-family: 'times new roman', times, serif; font-size: 10pt;\">https:\/\/doi.org\/10.55156\/jjsem.dec2106<\/span><\/p>\n<p>[\/fusion_text][fusion_button link=&#8221;https:\/\/department-of-japanese-studies.local\/wp-content\/uploads\/2022\/03\/6.-Shiblee.pdf&#8221; text_transform=&#8221;&#8221; title=&#8221;&#8221; target=&#8221;_self&#8221; link_attributes=&#8221;&#8221; alignment=&#8221;&#8221; modal=&#8221;&#8221; hide_on_mobile=&#8221;small-visibility,medium-visibility,large-visibility&#8221; class=&#8221;&#8221; id=&#8221;&#8221; color=&#8221;custom&#8221; button_gradient_top_color=&#8221;&#8221; button_gradient_bottom_color=&#8221;&#8221; button_gradient_top_color_hover=&#8221;&#8221; button_gradient_bottom_color_hover=&#8221;&#8221; accent_color=&#8221;&#8221; accent_hover_color=&#8221;&#8221; type=&#8221;&#8221; bevel_color=&#8221;&#8221; border_width=&#8221;&#8221; border_radius=&#8221;&#8221; border_color=&#8221;&#8221; border_hover_color=&#8221;&#8221; size=&#8221;medium&#8221; stretch=&#8221;yes&#8221; icon=&#8221;&#8221; icon_position=&#8221;left&#8221; icon_divider=&#8221;no&#8221; animation_type=&#8221;&#8221; animation_direction=&#8221;left&#8221; animation_speed=&#8221;0.3&#8243; animation_offset=&#8221;&#8221;]Download[\/fusion_button][\/fusion_builder_column][\/fusion_builder_row][\/fusion_builder_container]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[fusion_builder_container hundred_percent=&#8221;no&#8221; hundred_percent_height=&#8221;no&#8221; hundred_percent_height_scroll=&#8221;no&#8221; hundred_percent_height_center_content=&#8221;yes&#8221; equal_height_columns=&#8221;no&#8221; menu_anchor=&#8221;&#8221; hide_on_mobile=&#8221;small-visibility,medium-visibility,large-visibility&#8221; status=&#8221;published&#8221; publish_date=&#8221;&#8221; class=&#8221;&#8221; id=&#8221;&#8221; link_color=&#8221;&#8221; link_hover_color=&#8221;&#8221; border_size=&#8221;&#8221; border_color=&#8221;&#8221; border_style=&#8221;solid&#8221; margin_top=&#8221;&#8221; margin_bottom=&#8221;&#8221; padding_top=&#8221;&#8221; padding_right=&#8221;&#8221; padding_bottom=&#8221;&#8221; padding_left=&#8221;&#8221; gradient_start_color=&#8221;&#8221; gradient_end_color=&#8221;&#8221; gradient_start_position=&#8221;0&#8243; gradient_end_position=&#8221;100&#8243; gradient_type=&#8221;linear&#8221; radial_direction=&#8221;center center&#8221; linear_angle=&#8221;180&#8243; background_color=&#8221;&#8221; background_image=&#8221;&#8221; background_position=&#8221;center center&#8221; background_repeat=&#8221;no-repeat&#8221; fade=&#8221;no&#8221; background_parallax=&#8221;none&#8221; enable_mobile=&#8221;no&#8221; parallax_speed=&#8221;0.3&#8243; background_blend_mode=&#8221;none&#8221; video_mp4=&#8221;&#8221; video_webm=&#8221;&#8221; video_ogv=&#8221;&#8221; video_url=&#8221;&#8221; video_aspect_ratio=&#8221;16:9&#8243; video_loop=&#8221;yes&#8221; video_mute=&#8221;yes&#8221; video_preview_image=&#8221;&#8221; filter_hue=&#8221;0&#8243; filter_saturation=&#8221;100&#8243; filter_brightness=&#8221;100&#8243; filter_contrast=&#8221;100&#8243; filter_invert=&#8221;0&#8243; filter_sepia=&#8221;0&#8243;&hellip;<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_eb_attr":"","footnotes":""},"categories":[17,18],"tags":[],"class_list":["post-2952","post","type-post","status-publish","format-standard","hentry","category-journals-of-djs","category-number-1-december-2021","category-17","category-18","description-off"],"acf":[],"_links":{"self":[{"href":"https:\/\/djs.du.ac.bd\/index.php?rest_route=\/wp\/v2\/posts\/2952","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/djs.du.ac.bd\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/djs.du.ac.bd\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/djs.du.ac.bd\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/djs.du.ac.bd\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2952"}],"version-history":[{"count":0,"href":"https:\/\/djs.du.ac.bd\/index.php?rest_route=\/wp\/v2\/posts\/2952\/revisions"}],"wp:attachment":[{"href":"https:\/\/djs.du.ac.bd\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2952"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/djs.du.ac.bd\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2952"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/djs.du.ac.bd\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2952"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}