Advanced Search
MyIDEAS: Login to save this article or follow this journal

The Fall of 'Companyism' in Japanese Corporate System

Contents:

Author Info

  • Kenji Kojima

    (Kobe University)

Abstract

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 with factor suppliers in the absence of strong control by shareholders, so called 'companyism.' Companyism of large firms has worked well in the most of the post-war period. Since substantial economic growth can no longer be expected in Japan, long-term relationships with factor suppliers have been undergoing changes. Japanese firms have found it impossible to maintain existing employment relations. It has been getting harder for the firms to avoid drastic reduction of employees.

(This abstract was borrowed from another version of this item.)

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://www.rieb.kobe-u.ac.jp/academic/ra/researchseries/review.html
Download Restriction: no

Bibliographic Info

Article provided by Research Institute for Economics & Business Administration, Kobe University in its journal Kobe Economic & Business Review.

Volume (Year): 47 (2003)
Issue (Month): (February)
Pages: 5-22

as in new window
Handle: RePEc:kob:review:feb2003::v:47:p:5-22

Contact details of provider:
Postal: Rokkodai 2-1, Nada, Kobe 657-8501
Phone: +81-(0)78 803 7036
Fax: 81-78-803-7059
Web page: http://www.rieb.kobe-u.ac.jp/
More information through EDIRC

Related research

Keywords: Corporate finance; Financial systems; Labor relations; Japanese firms;

Other versions of this item:

Find related papers by JEL classification:

References

No references listed on IDEAS
You can help add them by filling out this form.

Citations

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:kob:review:feb2003::v:47:p:5-22. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Office of Promoting Research Collaboration, Research Institute for Economics & Business Administration, Kobe University).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.