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Epilogue

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  • The Editors

Abstract

In the final moments of an interview with an Osaka-based sokaiya, as we sped in his Mercedes from a nightclub in the fashionable Ashiya district bordering a pre-earthquake Kobe, I asked why there is a peace-at-any-price philosophy (koto-nagareshugi) among corporation managers regarding sokaiya. After all, I said, there are no sokaiya in the United States but U.S. corporations are concerned about their reputations and their profits. They want to avoid scandals and public knowledge of management mistakes. Bad news of any kind can have a bad effect on the corporation.

Suggested Citation

  • The Editors, 1998. "Epilogue," Japanese Economy, Taylor & Francis Journals, vol. 26(4), pages 76-87.
    • Handle: RePEc:mes:jpneco:v:26:y:1998:i:4:p:76-87
    DOI: 10.2753/JES1097-203X260476
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