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Corporate Governance What Can Be Learned From Japan?

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This book is available in Oxford Scholarship Online - view abstracts and keywords at book and chapter level.

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Corporate Finance

Ownership & Organization of Enterprises

Management & Management Techniques

Corporate Governance

What Can Be Learned From Japan?

Simon Learmount

192 pages | numerous tables and graphs | 234x156mm

978-0-19-926908-2 | Paperback | 30 September 2004

Also available as: Hardback

Price: £41.00

This item is printed to order. Items which are printed to order are normally despatched and charged within 5-10 days.

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New conceptualization of corporate governance
Detailed case studies of Japanese companies
International corporate governance policy implications
Based on interviews with Japanese executives
Looks closely at the organizational dynamics of governance
Critical stance toward principal agent approach

This book explores current thinking on corporate governance by way of a detailed study of the governance practices of fourteen Japanese companies. The author was granted extensive access to these Japanese companies, as well as to their partner companies, their shareholders, and their banks, and is therefore able to provide a detailed insight into the way that Japanese companies are actually governed on a day-to-day basis. The book suggests that current mainstream conceptualizations of corporate governance are inadequate, as they do not help to understand the way that these Japanese companies are directed and controlled in practice. In the majority of cases, governance operates through a system which draws on the reciprocal obligations, responsibilities, and trust generated in everyday interactions at the individual and organizational level.

The conclusions of the research have important implications not only for our understanding of the Japanese system of corporate governance, but also for international corporate governance policy and research in general. In particular, the book commends greater recognition that alongside the currently dominant concern 'controlling' the behaviour of company managers, the governance of companies might equally be considered in terms of the responsibilities, reciprocal obligations, and trust inherent in everyday interactions.

The book is equally accessible and relevant to both academics and to those involved with corporate governance issues on a day-to-day basis, including financial services providers, lawyers, policymakers, and company directors.

Readership: Academics and advanced students in the fields of business, economics, law, sociology, and international and oriental studies; MBA students; financial services professionals, company executives, commercial lawyers, and policymakers.

The specification in this catalogue, including without limitation price, format, extent, number of illustrations, and month of publication, was as accurate as possible at the time the catalogue was compiled. Occasionally, due to the nature of some contractual restrictions, we are unable to ship a specific product to a particular territory. Jacket images are provisional and liable to change before publication.

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Corporate Governance

What Can Be Learned From Japan?

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