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Career mobility in the embedded market: a study of the Japanese financial sector

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  • Hiroshi Ono

    (Hitotsubashi University Business School)

Abstract

The coexistence of domestic and foreign firms in Japan provides a fascinating test bed through which to examine how local firms adapt to global pressures, and how employees navigate the changing institutional environment. I employ a mixed methods approach using in-depth interviews and two separate datasets of finance professionals in Japan. My analysis reveals that there is greater mobility and greater employee heterogeneity in the foreign firms. Mobility is a one-way transition from domestic to foreign firms, intermediated by status distinctions between firms. My findings also suggest that mobility in the foreign firms is constrained by local norms and conventions.

Suggested Citation

  • Hiroshi Ono, 2018. "Career mobility in the embedded market: a study of the Japanese financial sector," Asian Business & Management, Palgrave Macmillan, vol. 17(5), pages 339-365, December.
    • Handle: RePEc:pal:abaman:v:17:y:2018:i:5:d:10.1057_s41291-018-0042-x
    DOI: 10.1057/s41291-018-0042-x
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    2. Liang Huang & Yunyue Yang & Tomoki Sekiguchi, 2020. "Attractiveness of Japanese firms to international job applicants: the effects of belongingness, uniqueness, and employment patterns," Asian Business & Management, Palgrave Macmillan, vol. 19(1), pages 118-144, February.

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