R. V. Aguilera and G. Jackson, The cross-national diversity of corporate governance: dimensions and determinants, The Academy of Management Review, vol.28, issue.3, pp.447-465, 2003.

M. Aoki, Toward a Comparative Institutional Analysis, Journal of Institutional and Theoretical Economics JITE, vol.158, issue.4, 2001.
DOI : 10.1628/0932456022975150

M. Aoki and R. Dore, The Japanese Firm: Sources of Competitive Strength, 1994.
DOI : 10.1093/acprof:oso/9780198288152.001.0001

M. Aoki, G. Jackson, and H. Miyajima, Corporate Governance in Japan: Institutional Change and Organizational Diversity, 2007.
DOI : 10.1093/acprof:oso/9780199284511.001.0001

Y. Aoki, How Does the Largest Shareholder Affect Dividends?, International Review of Finance, vol.86, issue.4, pp.613-658, 2014.
DOI : 10.1016/j.qref.2007.09.002

R. Boyer, Is a Finance-led growth regime a viable alternative to Fordism? A preliminary analysis, Economy and Society, vol.29, issue.1, pp.111-156, 2000.
DOI : 10.3406/reco.1983.408714

G. L. Clark and D. Wójcik, The Geography of Finance, Corporate Governance in the Global Marketplace, 2007.

G. L. Clark, S. Mcgill, Y. Saito, and M. Viehs, Institutional shareholder engagement with Japanese firms, Annals in Social Responsibility, vol.1, issue.1, pp.30-56, 2015.
DOI : 10.1257/jel.38.3.595

K. Campbell and A. Vera, Female board appointments and firm valuation: short and long-term effects, Journal of Management & Governance, vol.40, issue.1, pp.37-59, 2010.
DOI : 10.5465/AME.1991.4274465

A. D. Dixon, Variegated capitalism and the geography of finance: Towards a common agenda, Progress in Human Geography, vol.35, issue.2, pp.193-210, 2011.
DOI : 10.1111/j.1468-2257.2005.00279.x

R. Dore, Stock Market Capitalism, Stock Market Capitalism: Welfare Capitalism. Japan and Germany versus the Anglo-Saxons, 2000.
DOI : 10.1093/acprof:oso/9780199240623.001.0001

U. London, C. Francoeur, R. Labelle, and B. Sinclair-desgagne´, Available at: https://www.frc.org.uk/Our-Work/Publications/ Corporate-Governance/Developments-in-Corporate-Governance-and-Stewardsh Gender diversity in corporate governance and top management, Journal of Business Ethics, vol.81, issue.1, pp.83-95, 2008.

S. L. Gillan and L. T. Starks, Corporate governance proposals and shareholder activism: the role of institutional investors, Gender Equity Bureau Cabinet Office. 2011. White paper of gender equality, pp.275-305, 2000.
DOI : 10.1016/S0304-405X(00)00058-1

F. A. Gul, B. Srinidhi, and A. C. Ng, Does board gender diversity improve the informativeness of stock prices?, Journal of Accounting and Economics, vol.51, issue.3, pp.314-338, 2011.
DOI : 10.1016/j.jacceco.2011.01.005

P. A. Hall and D. Soskice, Varieties of Capitalism: The Institutional Foundations of Comparative Advantage, 2001.

T. Ishida, ISS proxy voting advisory policy 2012, Japanese). Shoji Homu, pp.29-40, 1960.

S. M. Jacoby, Convergence by Design: The Case of CalPERS in Japan, The American Journal of Comparative Law, vol.55, issue.2, pp.239-293, 2007.
DOI : 10.1093/ajcl/55.2.239

G. Jackson and R. Deeg, Comparing capitalisms: understanding institutional diversity and its implications for international business, Journal of International Business Studies, vol.3, issue.1, pp.540-561, 2008.
DOI : 10.1093/icc/3.1.243

E. Kang, D. K. Ding, C. , and C. , Investor reaction to women directors, Journal of Business Research, vol.63, issue.8, pp.888-894, 2010.
DOI : 10.1016/j.jbusres.2009.06.008

L. Porta, R. Lopez-de-silanes, F. Shleifer, and A. , Legal Determinants of External Finance, Journal of Finance, vol.52, issue.3, pp.1131-1150, 1997.
DOI : 10.3386/w5879

L. Porta, R. Lopez-de-silanes, F. Shleifer, A. Vishny, and W. , Law and finance, Journal of Political Economy, vol.106, issue.6, pp.1113-1155, 1998.
DOI : 10.3386/w5661

S. Lechevalier, The Diversity of Capitalism and Heterogeneity of Firms^|^mdash;A Case Study of Japan during the Lost Decade, Evolutionary and Institutional Economics Review, vol.4, issue.1, pp.113-142, 2007.
DOI : 10.14441/eier.4.113

S. Lechevalier, The Great Transformation of Japanese Capitalism, 2014.

M. Lukerath-rovers, Women on boards and firm performance, Journal of Management & Governance, vol.11, issue.3, pp.491-509, 2013.
DOI : 10.1111/1467-8683.00320

. Paris, Organization of Economic Cooperation and Development. [online] Available at: http://stats.oecd.org/index. aspx?queryid=54753 OECD 2017, OECD. Stat

. Paris, Available at: http://stats.oecd.org/index. aspx?queryid=54753 Miyajima, H. 2007. The performance effects and determinants of corporate governance reform, Corporate governance in Japan: Institutional change and organizational diversity

M. Morikawa, What kind of firms nominate female/ foreign board of directors? ? An analysis by survey data ? RIETI Discussion Paper Series 14-J-025, 2014.

Y. Saito, Corporate governance and active engagement in Japan: transformation in the face of incremental shareholder value?, Journal of Sustainable Finance & Investment, vol.2, issue.34, pp.179-197, 2012.

Y. Saito, The Interplay between Global Investors and Japanese Firms. D.Phil Dissertation, 2016.

W. Streeck and K. Thelen, Introduction: Institutional Change in Advanced Political Economies Beyond Continuity: Institutional Change in Advanced Political Economies, pp.1-39, 2005.

S. Terjesen, R. Sealy, and V. Singh, Women Directors on Corporate Boards: A Review and Research Agenda, Corporate Governance: An International Review, vol.12, issue.3, 2009.
DOI : 10.5465/AMR.2007.24351856

URL : http://openaccess.city.ac.uk/4757/1/Terjesen%2C%20Sealy%20%26%20Singh%20-%20CGIR-2009%20-%20author%20final.pdf

S. Tejersen, E. Barbosa-couto, M. Francisco, and P. , Does the presence of independent and female directors impact firm performance? A multi-country study of board diversity, Journal of Management & Governance, vol.20, issue.3, pp.447-483, 2016.

T. Stock and E. , TSE-listed companies white paper on corporate governance 2011, 2011.

T. Stock and E. , Tokyo: Tokyo Stock Exchange Inc. [online] Available at: http://www.jpx.co.jp/markets/statistics-equities/examination/01, Survey Report, 2017.

N. Van-der-zwan, Making sense of financialization, Socio-Economic Review, vol.29, issue.1, pp.99-129, 2014.
DOI : 10.1080/030851400360532

T. Van-treeck, The political economy debate on ???financialization??? ??? a macroeconomic perspective, Review of International Political Economy, vol.71, issue.5, pp.907-951, 2009.
DOI : 10.2753/PKE0160-3477280203