Corporate Governance in Japan: Institutional Change and Organizational Diversity

Masahiko Aoki*, Gregory Jackson, Hideaki Miyajima

*この研究の対応する著者

研究成果: Book

95 被引用数 (Scopus)

抄録

This book uses comparative institutional analysis to explain differences in national economic performance. Countries have their own rules for corporate governance and they have different market arrangements; and these differences in rules and organization affect the way firms behave. Countries also tend to develop conventions of organizational architecture whether their hierarchies are functional, horizontal, or decentralized. This affects the way in which they process information, and information management is increasingly seen as being of crucial importance to a firm's performance. This book accords more importance to these factors than to the factors conventionally used in applying a neoclassical model of economic efficiency. It applies game theory, contract theory, and information theory. By describing the rules and norms in Japan, the USA, and the transitional economies, the book shows how firms can achieve competitive advantage in international markets if these conventions and rules are well suited to the industrial sector in which the firms operate. The book is particularly concerned with how Japan, with its main bank and lifelong employment systems, as well as information-sharing firm organizational structure, might reform its institutions to maintain competitive advantage in the world economy.

本文言語English
出版社Oxford University Press
ページ数472
ISBN(電子版)9780191713705
ISBN(印刷版)9780199284511
DOI
出版ステータスPublished - 2007 9 1
外部発表はい

ASJC Scopus subject areas

  • 経済学、計量経済学および金融学(全般)

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