Argues that the high job mobility observed most prominently among workers in Japanese firms is consistent with the behaviour of risk‐averse individuals when neither private nor public income insurance is widely available to displaced workers. Laissez faire is suboptimal and involves higher job...

Examines the human resource (HR) policies adopted by two Japanese retail stores in Hong Kong. Finds that the two Japanese retail stores employ different HR policies in terms of recruitment and selection, remuneration and welfare, and training and development for different groups of employees...

Purpose – The purpose of this paper is to empirically examine the relationship between the level of underwriter spread and ownership structure by using data from Japanese IPO firms that are issued during the years 1997‐2002. Design/methodology/approach – The paper uses regression analysis...

Purpose – The purpose of this paper is to examine initial and long‐run returns of Japanese IPOs in particular venture capital (VC)‐backed and non‐VC‐backed. The main research focus is on the performance of VC‐backed companies. Design/methodology/approach – This paper presents a...