Japanese takeovers : the global contest for corporate control
Author(s)
Bibliographic Information
Japanese takeovers : the global contest for corporate control
Harvard Business School Press, c1991
- : pbk
Available at 89 libraries
  Aomori
  Iwate
  Miyagi
  Akita
  Yamagata
  Fukushima
  Ibaraki
  Tochigi
  Gunma
  Saitama
  Chiba
  Tokyo
  Kanagawa
  Niigata
  Toyama
  Ishikawa
  Fukui
  Yamanashi
  Nagano
  Gifu
  Shizuoka
  Aichi
  Mie
  Shiga
  Kyoto
  Osaka
  Hyogo
  Nara
  Wakayama
  Tottori
  Shimane
  Okayama
  Hiroshima
  Yamaguchi
  Tokushima
  Kagawa
  Ehime
  Kochi
  Fukuoka
  Saga
  Nagasaki
  Kumamoto
  Oita
  Miyazaki
  Kagoshima
  Okinawa
  Korea
  China
  Thailand
  United Kingdom
  Germany
  Switzerland
  France
  Belgium
  Netherlands
  Sweden
  Norway
  United States of America
Note
Bibliography: p. 281-284
Includes index
Description and Table of Contents
- Volume
-
ISBN 9780875842356
Description
Acquisitions by Japanese corporations are on the rise, a dramatic departure from their traditional aversion to such activity. Are the Japanese about to engage in a wave of aggressive corporate takeovers, or are they more likely to act merely as "white samurai" in battles initiated by others? Will their growing familiarity with the mergers and acquisitions business lead to more takeovers inside Japan itself and give Western companies a realistic shot at acquiring a Japanese corporation? By exploring the economic logic underlying business relationships, "Japanese Takeovers" provides an interpretation of Japanese behaviour in the global market. Carl Kester argues there has not been an active market for corporate control in Japan because Japanese companies prefer to build and manage long-term relationships with other firms rather than own those firms's corporate assets. This is true even overseas. Japanese cross-border takeovers have been triggered more by the need to defend valuable business relationships than by their tremendous bidding power.
Current trends will further integrate Japan into the global market for corporate control and increase Japanese use of Anglo-American takeover tactics. But successful dealmaking with Japanese corporations will hinge more on extensive knowledge of the history and current status of relationships among various stakeholders than on financial acumen. It is imperative that foreigners wishing to be significant players in the Japanese market understand the economic purpose behind the subtle but powerful ties among Japanese corporate stakeholders.
- Volume
-
: pbk ISBN 9780875843162
Description
Examines Japanese behaviour in the global market and provides an interpretation of Japanese merger and acquisition activity. It also provides American managers with a framework for understanding the Japanese approach to mergers and acquisition.
by "Nielsen BookData"