What Can be Learned from Japan?
By (author) Simon Learmount
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Corporate Governance by Simon Learmount
Book DescriptionThis book explores current thinking on corporate governance by way of a detailed study of the governance practices of fourteen Japanese companies. The author was granted extensive access to these Japanese companies, as well as to their partner companies, their shareholders, and their banks, and is therefore able to provide a detailed insight into the way that Japanese companies are actually governed on a day-to-day basis. The book suggests that current mainstream conceptualizations of corporate governance are inadequate, as they do not help to understand the way that these Japanese companies are directed and controlled in practice. In the majority of cases, governance operates through a system which draws on the reciprocal obligations, responsibilities, and trust generated in everyday interactions at the individual and organizational level. The conclusions of the research have important implications not only for our understanding of the Japanese system of corporate governance, but also for international corporate governance policy and research in general. In particular, the book commends greater recognition that alongside the currently dominant concern 'controlling' the behaviour of company managers, the governance of companies might equally be considered in terms of the responsibilities, reciprocal obligations, and trust inherent in everyday interactions. The book is equally accessible and relevant to both academics and to those involved with corporate governance issues on a day-to-day basis, including financial services providers, lawyers, policymakers, and company directors.
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Book DetailsISBN: 9780199252916
(242mm x 162mm x 16mm)
Imprint: Oxford University Press
Publisher: Oxford University Press
Publish Date: 5-Sep-2002
Country of Publication: United Kingdom
Books By Author Simon Learmount
Corporate Governance, Paperback (September 2004)» View all books by Simon Learmount
This book explores current thinking on corporate governance by way of an empirical examination of the governance practices in Japan. The analysis is structured around four principal themes, namely the role of shareholders, the role of the main bank, the role of employees, and the role of senior management in the governance of these companies.
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Author Biography - Simon Learmount
Simon Learmount is a lecturer at the Judge Institute of Management, University of Cambridge, and is a Shimomura Fellow at the Development Bank of Japan. He has a Ph.D. and an MBA from the University of Cambridge. Formerly he worked as Sales and Marketing Director of an international healthcare organization, and Managing Director of an international educational organization. In both positions he worked extensively in Japan.
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