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- W2130697867 abstract "In this paper I describe the historical evolution of corporatr gover~~ance in Japan, and derive some insights on its future. In the 1920s, the Japanese economy suffered from a prolorlged depression and inefficiency in corporate management, as in the 1990s. In this situation, two alternative systems of corporate governance, the holding company-based system and the bank-based system, were proposed for restructuring poorly managed companies, and in reality, the former system was pro1ift:rating. However, the experience during the Second World War made the Japanese corporate system choose the other fork in tht: road, the bank-based system. The changes in en~ployment syste~n and production management were complementary with the changes in corporate governance and finance. The Japanese corporate system, which was faced with a bifurcation in the 1920:; and the 1930s, is now facrng another bifurcation. Ke~ywords: Coporate governance, Holdin,g company. Zaibatsu." @default.
- W2130697867 created "2016-06-24" @default.
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- W2130697867 date "2004-12-01" @default.
- W2130697867 modified "2023-10-02" @default.
- W2130697867 title "Holding Company and Bank : An Historical Comparative Perspective on Corporate Governance in Japan" @default.
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