Financial Management White Papers
Revisiting the Roots of Japan's Economic Stagnation: The Role of the Japanese Corporation
Overview For a long period in the twentieth century, the development of the Japanese corporation appeared congruent with the development of the Japanese economy. The growth maximising behaviour of the Japanese corporation and the preference for internal growth over acquisitions appeared to suit the long-term ambitions of Japan. Now, that formerly clear connexion between the ambitions of corporate Japan and the Japanese public interest is no longer so clear. Increasingly, the global ambitions of the corporation appear as an impediment to Japan's development. By favouring the development of large-scale transnational corporations, Japanese industrial policy-making appears to have contained a fundamental flaw.
| Publisher | University of Warwick | File Format | |
|---|---|---|---|
| Date Published | March 2001 | ||
| Format | White Papers | ||
| Topics | |||
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