sample of publicly-traded firms in Japan (covering more than 75% of all firms listed on Tokyo Stock Exchange) over 1989 … per employee results in statistically significant productivity gains. Furthermore, such productivity gains are found to …-executive employees and stock option aimed at incentivizing executives. Finally the positive effects on productivity, profitability, wages …

Takao Kato outlines the types of human resource management practices (HRMPs) used in Japan and the effect of these … employee participation programs on employee productivity and economic competitiveness. From these findings about the effects of … HRMPs on Japanese productivity, Kato draws several conclusions for the direction that American policy might take in order to …