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Corporate Governance: US Model? Japan Model?

In: 21st-Century Japanese Management

Author

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  • James C. Abegglen

Abstract

Just as fashions change and styles go in and out of favor, so ideas regarding corporate management change with the economic climate. In the 1980s, the great success of the Japanese economy brought about efforts to understand and copy Japanese management methods. With the end of Japan’s boom and long-continued restructuring of Japan’s economy, Japanese management methods went entirely out of fashion. US companies no longer seek to introduce quality control circles, or kaizen, and industrial policy concerns gave way entirely to a belief in the efficiency of the untrammeled market.

Suggested Citation

  • James C. Abegglen, 2006. "Corporate Governance: US Model? Japan Model?," Palgrave Macmillan Books, in: 21st-Century Japanese Management, chapter 7, pages 131-149, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-50085-3_7
    DOI: 10.1057/9780230500853_7
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    Cited by:

    1. Qiwang Zhang & Xiaorui Wang & Chunhui Huo & Wang Shulin, 2023. "A study on the optimal shareholding proportion of the controlling shareholders in the competitive mixed‐ownership enterprises: Evidence from Chinese listed companies," International Finance, Wiley Blackwell, vol. 26(2), pages 208-224, August.

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