Author: Publisher:
ISBN:
Category :
Languages : en
Pages : 479
Book Description
Japanese Companies
Author: Japanese Companies, Consolidated Data
Author: Japanese Companies, Consolidated Data
Author: Japanese Companies
Author: Publisher:
ISBN: 9780813306391
Category : Corporations
Languages : en
Pages : 511
Book Description
Japanese Companies
Author: Nihon Keizai ShinbunshaPublisher:
ISBN:
Category : Corporations
Languages : en
Pages : 527
Book Description
Japanese Companies
Author: Nihon Keizai ShinbunshaPublisher:
ISBN:
Category : Corporations, Japanese
Languages : en
Pages : 491
Book Description
Corporate Governance and Corporate Behavior in Japan
Author: Masaharu HanazakiPublisher: Springer
ISBN: 4431560068
Category : Business & Economics
Languages : en
Pages : 94
Book Description
This book carefully examines the effects of changes in the corporate governance structure on corporate behavior or company performance, using micro-data from listed companies in Japan. The author found that in Japan the introduction of stock options had neither a positive impact on profitability nor the negative side effects of promoting risk-taking behaviors. Furthermore, he found that corporate diversification and division of corporations showed negative impacts on profitability. The corporate governance structure of Japan has exhibited a large change from the second half of the 1990s to the present. There have been institutional reforms involving enterprise law, such as the introduction of stock options and the removal of the ban on holding companies. With respect to the ownership structure of a company, discernible trends are that the equity holdings of financial institutions and business corporations have fallen while the presence of foreign stockholders has risen. These trends are often pointed out as signs that the Japanese corporate governance structure has been approaching the American model and that this will energize Japanese firms. The author contradicts common academic theories, however, and concludes that the formation of the corporate governance which emphasizes the agency problem between shareholders and corporate managers is inadequate. He suggests that an institutional arrangement for a corporate governance system that values a variety of stakeholders' interests is greatly needed and concludes that perspectives on maximizing surplus values for various stakeholders and distributing the surpluses appropriately among the stakeholders will become increasingly important for the purpose of managing corporations.
Japan Company Directory
Author: Cross-Border Outsourcing and Boundaries of Japanese Firms
Author: Eiichi TomiuraPublisher: Springer
ISBN: 9811300356
Category : Business & Economics
Languages : en
Pages : 255
Book Description
This book is the first book that provides comprehensive economic analysis of cross-border outsourcing by Japanese manufacturing firms based on microdata. Previous literature on many other countries has often been constrained by limited data availability about outsourcing, but research contained in this book exploits unique firm-level data and directly tests theoretical hypotheses derived from new firm heterogeneity trade models. Productivity, capital–labor ratio and R&D intensity are examined at the firm level. While rich empirical results in this book convince us how powerful the orthodox economic theory is in understanding Japanese firms, detailed firm-level findings, combined with accessible and concise overviews of Japanese international trade, are widely informative for international economists, experts of Japanese society, business strategists for offshoring, and policy makers in both developed and developing economies. This book further discusses how boundaries of Japanese firms, traditionally sheltered by language and cultural barriers, are affected by outsourcing decisions simultaneously crossing national borders and firm boundaries. The interpretations of Japanese characteristics in outsourcing have deep implications for understanding drastically changing Japanese business amid globalization.
Author: