Corporate Governance in Japan 1st Edition Institutional Change and Organizational Diversity

Description

• Author(s)
  Masahiko Aoki; Gregory Jackson; Hideaki Miyajima
• Publisher
  OUP Oxford
• Format
  PDF
• Print ISBN
  9780199284528, 0199284520
• eText ISBN
  9780199284528, 0199284520
• Edition
  1st
• Copyright
• Details
  Debates regarding corporate governance have become increasingly important in Japan as the post-war model of bank-based, stakeholder-oriented corporate governance faces the new pressures associated with globalization and growing investor demands for shareholder value. Bringing together a group of leading scholars from economics, law, sociology and management studies, this book looks at how the Japanese approach to corporate governance and the firm have changed in the post-bubble era. The contributions offer a unique empirical exploration of why and how Japanese firms are reshaping their corporate governance arrangements, leading to greater diversity among firms and new ‘hybrid’ forms of corporate governance. The book concludes by looking at what effect these incremental but transformative changes may have on Japan’s distinctive variety of capitalism.