TY - CHAP
T1 - CHANGES IN THE DETERMINANTS OF PROFIT
T2 - A STUDY OF FOREIGN SUBSIDIARIES IN THE JAPANESE MANUFACTURING INDUSTRIES IN THE 1980s AND 1990s
AU - Asaba, Shigeru
AU - Yamawaki, Hideki
PY - 2004/12/1
Y1 - 2004/12/1
N2 - This study examines the determinants of performance of foreign manufacturing subsidiaries in Japan. The study finds that a foreign parent's size, the subsidiary's age, and a complicated distribution system influence a subsidiary's performance. There was little significant change in these determinants over a 20-year period. However, for subsidiaries that survived over the observation period of this study, some determinants changed. We also found that by forming joint ventures with Japanese firms, foreign firms can overcome the obstacle of distribution and circumvent the disadvantage of inexperience. Moreover, the mitigating effects of joint ventures vary, depending on the type of Japanese partner.
AB - This study examines the determinants of performance of foreign manufacturing subsidiaries in Japan. The study finds that a foreign parent's size, the subsidiary's age, and a complicated distribution system influence a subsidiary's performance. There was little significant change in these determinants over a 20-year period. However, for subsidiaries that survived over the observation period of this study, some determinants changed. We also found that by forming joint ventures with Japanese firms, foreign firms can overcome the obstacle of distribution and circumvent the disadvantage of inexperience. Moreover, the mitigating effects of joint ventures vary, depending on the type of Japanese partner.
UR - http://www.scopus.com/inward/record.url?scp=36148970394&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=36148970394&partnerID=8YFLogxK
U2 - 10.1016/S0747-7929(04)17012-1
DO - 10.1016/S0747-7929(04)17012-1
M3 - Chapter
AN - SCOPUS:36148970394
SN - 0762311576
SN - 9780762311576
T3 - Advances in International Management
SP - 289
EP - 324
BT - Japanese Firms in Transition
ER -