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The second edition of this major Handbook provides a thoroughly revised and extensive analysis of the development of corporate governance across a broad range of countries including Australia, China, Germany, India, Italy, Japan, Poland, Russia, South Africa, Spain, Turkey and the UK. Additional...
Persistent link: https://www.econbiz.de/10011173375
This major Handbook provides a comprehensive analysis of the development of corporate governance across a range of countries including Australia, Germany, India, Italy, Japan, Poland, Russia, South Africa, Spain, Turkey and the UK. Whilst the stage in the corporate governance life cycle may vary...
Persistent link: https://www.econbiz.de/10011176156
As it moved into the new millenium, Japan experienced a corporate governance crisis. Suddenly, the issue of corporate governance was transformed from an obscure concern of financial economists and legal experts into front-page news. The mass media blamed corporate misbehavior and economic...
Persistent link: https://www.econbiz.de/10008774721
Drawing on the hostage model of Williamson (1983. "Credible Commitments: Using Hostages to Support Exchange." The American Economic Review 73: 519--540) and recent studies identifying equity affiliation as a robust hostage in the Japanese automotive industry, we examine the relationship between...
Persistent link: https://www.econbiz.de/10010683415
The “keiretsu†structuring of assembler-supplier relations historically enabled Japanese auto assemblers to remain lean and flexible while enjoying a level of control over supply akin to that of vertical integration. Yet there is much talk currently of breakdown in keiretsu networks....
Persistent link: https://www.econbiz.de/10011131608