The economic analysis of the Japanese firm

書誌事項

The economic analysis of the Japanese firm

edited by Masahiko Aoki

(Contributions to economic analysis, 151)

North-Holland, 1984

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注記

Includes bibliographical references and indexes

内容説明・目次

内容説明

This book is a result of a collective project by Japanese economists, conducted over the period 1981-83, and contains articles on various aspects of the Japanese firm with comments by Western authorities in labor economics, corporate finance theory, and Japanese economic studies. Topics treated include: the workings of internal labor organization, economic rationality of such practices as ``life-time'' employment, seniority wages, enterprise unionism and bonus system, the roles of the bank in corporate finance and corporate groupings, the management process and its efficiency, and government-business relationship. Main features of this work are: - the first economic treatment of the Japanese firm, both its financial and labor aspects, beyond the culturalist approach - All the propositions are tested by various empirical methods such as econometrics techniques, interviews - includes institutional description related to the Japanese firm, such as accounting, corporate tax, the workings of internal labor organization on the shop floor.

目次

Preface. Introduction. I: Aspects of the Japanese Firm (M. Aoki). Part One: The Internal Organization and Industrial Relations. II: Skill Formations Systems in the U.S. and Japan: A Comparative Study (K. Koike). III: Labor Mobility and Job Tenure (T. Tachibanaki). IV: The Effect of Trade Unions on Productivity in Japanese Manufacturing Industries (K. Muramatsu). Comments on II, III and IV: De-Mystifying the Japanese Labor Markets (R. Freeman). Part Two: Personal Saving and Corporate Finance. V: The Bonus Payment and Japanese Personal Savings (T. Ishikawa and K. Ueda). VI: Shareholders' Non-Unanimity on Investment Financing: Banks vs. Individual Investors (M. Aoki). Part Three: External Relations. VII: The Economic Role of Financial Corporate Grouping (I. Nakatani). Mathematical Appendix: Risk Sharing in the Corporate Group (M. Aoki). VIII: The Government in a Spiral Dilemma: Dynamic Policy Interventions vis-a-vis Auto Firms. C.1900-C.1960 (T. Yakushiji). Comments on V, VI and VII. The Ownership and Financing of Corporations (M. King). Comments on VII and VIII. Counterpoint on Business Groupings and Government-Industry Relations in Automobiles (E. Hadley). Part Four : Managerial Efficiency and the Motivation System. IX: The Japanese Management System: An X-Efficiency-Game Theory Analysis (H. Leibenstein). X: Reshuffling Firms for Technology? An Aggregate Time Series Analysis of B. Klein's ``Dynamic Efficiency'' (T. Yakushiji). XI: Corporate Loyalty and Bonus Payments: An Analysis of Work Incentives in Japan (M. Okuno). Comments on IX and XI. Some Reflections on the Japanese Motivation System (T. Blumenthal). Index.

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