As part of MIJSC's Distinguished Visitors Program, Professor Takeda from KEIO Business School visited MIJSC and conveyed a strong interest in establishing a collaborative research initiative with our IIMB Faculty. A prospective research partnership is proposed by Prof. Takeda and Prof. Padmini Srinivasan from Centre for Corporate Governance and Sustainability. This partnership aims to explore the effects of foreign institutional investments on firm behaviour across diverse institutional settings.
Abstract: The purpose of this study is to analyze two aspects of board diversity (e.g., demographic-related diversity and task-related diversity) and how they affect firm performance. First, does board diversity have a direct effect on various performance indicators for firms? If so, what is the magnitude of these effects? Second, we question whether board diversity affects the firm's efficiency. If so, then by how much? Third, we want to explore whether the efficiency effect is stronger than the direct effect. This study aims to address empirically these three issues using data from various sources from Japan. In our perspective, the findings of this analysis could contribute to develop a theoretical framework to explain board diversity on the perspective of agency theory and it may be particularly helpful to industry leaders. We propose combining theories from corporate governance and economics with econometric methods to analyze the issues using various data sets from Japan (for example, the Nikkei Financial data, the Toyo Officers data, and the Nikkei Governance data). The empirical analysis may include structural and reduced form estimation to obtain the effect as well as firm-level efficiency. Especially, we plan to use different estimation models to estimate the indirect effect of board efficiency based on stochastic frontier analysis. Additionally, the study intends to provide evidence-based recommendations that can help companies improve their performance.
Associate Professor
Indian Institute of Management Bangalore
Abstract:This study aims to examine how automation and the aging population in Japan affected its workers’ skills and assess how these changes influence their labor market choices (e.g., occupational choices), their earnings and earnings distributions. There exists no study that analyzes these issues in detail and this study aims to fill this gap. We aim to examine the interrelationships among automation, aging, individuals’ educational and skill choices, and overall labor productivity in Japan. In my view, the finding of this may be helpful to industry practitioners and policymakers. We intend to combine economic theory and econometric methods to analyze the issues with survey and non-survey data from Japan. We may also utilize data from other countries for comparative analyses. The goal is to estimate structural/reduced-form models to understand the underlying mechanisms by which automation and aging may affect workers’ labor market choices and outcomes. We also plan to present evidence-based recommendations that might be useful in designing industrial policy in the future.
Assistant Professor
Production & Operations Management
Indian Institute of Management, Bangalore
Abstract: Through our study, we intend to use the triple helix framework and analyse the state of three spheres (university-government-industry) in India and Japan and its subsequent impact on start-up activities and its journey in the respective countries. Through the comparative study of the triple helix and its impact on the start-up evolution in the two countries, we intend to come up with useful complementary entrepreneurship collaboration framework. Given the differences in ecosystems, the broad objective of this proposal is to explore the effect of the university-government-industry (Triple Helix) on the entrepreneurial activity of a country. By studying the nature of the triple helix in a country and its subsequent impact on startup activities and its journey, we intend to present a comparative analysis between India and Japan. We intend to use inductive theory building through a multiple-case study framework to address our research agenda. We plan to adopt a multiple-case approach owing to its usefulness in developing robust and generalizable theories.