The managers also tend to hold stocks for a while.
Another possibility is that prestigious managers tend to have powerful roles on boards.
In this system, managers tend to use threats, fear, and punishment to motivate their workers.
However in recent years, some managers have tended to put their best slugger in this position.
Such managers will tend to invest in stocks that are out of favor.
Alternatively, managers of public firms tend to want higher profits to increase their stock price.
So general managers tend to lose patience, particularly as the cost of waiting rises.
Also, Japanese financial managers tend not to shift money rapidly around the world.
Top managers tend to be more closely identified with corporate policy than lower level representatives.
Would you say that managers tend to lose sight of labour relations and concentrate on the market?