Economic Organizations and Corporate Governance in Japan 在线电子书 pdf 下载 txt下载 epub 下载 mobi 下载 2024

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Curtis J. Milhaupt 作者

Oxford University Press

译者

2004-9-30 出版日期

262 页数

USD 135.00 价格

Hardcover

丛书系列

9780199272112 图书编码

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Economic Organizations and Corporate Governance in Japan 在线电子书 epub 下载 mobi 下载 pdf 下载 txt 下载 2024

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Economic Organizations and Corporate Governance in Japan 在线电子书图书描述

Using an institutional and empirical approach, this book analyzes the role of formal rules (law and regulations) and informal rules (norms, practices, and shared beliefs) in the Japanese economy. Through in-depth studies of corporate governance and finance, mergers and acquisitions, financial regulation, and markets for everything from venture capital to legal talent and organized crime, Milhaupt and West show that institutions play a crucial and heretofore overlooked role in the structure of the Japanese economy, which often is portrayed as being governed exclusively by interpersonal relations and bureaucratic fiat. The book demonstrates that despite outward appearances of a decade of stagnation in Japan, the formal and informal rules of the Japanese economy are changing significantly. The evidence suggests that in the mix of formal and informal rules that govern Japanese firms and set the incentive structure for other economic actors, law is gaining in importance. As these rules change, Japanese actors are responding, reshaping corporate governance and financial markets, eroding the bureaucracy's power. This book's emphasis on the centrality of institutions, institutional change, and responses to change, portray a Japanese economy far different from those provided by previous accounts. It provides a wealth of previously unexplored data on the Japanese economy and legal system, and demonstrates the importance of a sound incentive roadmap for Japan's economic recovery and transition.

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