The primary purpose of the study is to identify significant features of Japanese vertical relationships and to provide economic rationale. Japanese vertical relationships, particularly automobile industry, are examined in comparison with those in the U.S. Both buyers and suppliers can be...

This paper examines the effects of structural changes in financial system on corporate governance and finance in Japan, and discusses the future directions. The primary purpose of the study is twofold: to identify important features of changes in financial system in Japan and their effects on...

This paper examines the effects of structural changes in financial system on corporate governance and finance in Japan, and discusses the future directions. The primary purpose of the study is twofold: to identify important features of changes in financial system in Japan and their effects on...

This paper examines the effects of structural changes in financial system on corporate system, particularly finance and employment in Japan, and discusses the underlying problems and the future directions. Japanese corporate system can be characterized to be cooperative long-term relationships...