Growth through competition, competition through growth : strategic management and the economy in Japan / Hiroyuki Odagiri.

Format:

Book

Author/Creator:

Odagiri, Hiroyuki, 1946-

Language:

English

Subjects (All):

Industrial management--Japan.

Industrial management.

Competition--Japan.

Competition.

Physical Description:

1 online resource (381 p.)

Edition:

1st ed.

Place of Publication:

New York, N.Y. : Clarendon Press, 1992.

Language Note:

English

Summary:

This book examines two factors which are at the heart of Japanese management - the pursuit of growth and the intensive competition within and between Japanese firms. The author looks at how they interact and how they affect economic efficiency, stability, and dynamism. He avoids popular cultural/sociological explanations and applies economic principles to understanding the Japanese firm.

Contents:

Intro

PREFACE

Contents

List of figures and tables

I. HOW IT WORKS

1. INTRODUCTION

1.1. The Firm as a Collection of Human Resources

1.2. Growth Preference and Competition: Two Key Concepts

1.3. Competition: Alternative Concepts

1.4. Japanese Management as Viewed in Past Studies

1.5. The Plan of the Book

2. OWNERSHIP AND MANAGEMENT

2.1. Introduction

2.2. The Pattern of Share Ownership

2.3. The Influence of Financial Institutions and Inter-Company Shareholdings

2.4. The Power of Managers

2.5. The Background of Managers

2.6. Summary and Implications for Management Motivation

3. THE INTERNAL LABOUR SYSTEM

3.1. Labour Practices in Japanese Firms: The Stereotype

3.2. The Reality

3.3. Employment Adjustment

3.4. Skill Formation: Training and Rotation

3.5. Internal Competition for Promotion

3.6. Conclusion

4. DYNAMIC STRATEGIES

4.1. Growth Preference

4.2. A Model of Corporate Growth

4.3. Investment Behaviour

4.4. The Mode of Growth

4.5. Research and Development

4.6. Conclusion

II. HOW IT ORGANIZES

5. MERGERS AND ACQUISITIONS

5.1. Introduction: Why Are There Fewer Mergers and Acquisitions in Japan?

5.2. The Trend of Mergers: The JFTC Data

5.3. Mergers and Acquisitions in Japan, 1980-1987

5.4. Are Mergers and Acquisitions Profitable or Contributing to Growth?

5.5. Which Mergers and Acquisitions Are More Successful?

5.6. What firms Are Undertaking Mergers and Acquisitions?

5.7. Conclusion

6. DIVISIONAL FORM, HIVE-OFF, AND MANUFACTURER-SUPPLIER RELATIONS

6.1. Introduction

6.2. The Functional as Opposed to the Divisional Form

6.3. Hive-off

6.4. Manufacturer-Supplier Relationships

6.5. Keiretsu

6.6. Conclusion

7. BUSINESS GROUPS

7.1. Introduction

7.2. The Zaibatsu before the War.

7.3. The Dissolution of the Zaibatsu

7.4. Business Groups Today

7.5. Performance of Business Groups

7.6. Conclusions and Speculations on the Future of Groups

III. HOW IT AFFECTS

8. INDUSTRIAL ORGANIZATION

8.1. Introduction

8.2. Market Structure

8.3. Company Profit Rates

8.4. Persistence of Profits

8.5. Changing Behavioural Modes of Oligopolists

8.6. Conclusion

Appendix: Accounting Rules and Profit Rates: International Differences

9. MACROECONOMIC STABILITY

9.1. Introduction

9.2. A Model of Labour-Hoarding

9.3. Application to Japan's Experience

9.4. Price Mark-up and Business Fluctuation

9.5. Conclusion

10. ECONOMIC GROWTH

10.1. Introduction

10.2. An Equilibrium Model of a Corporate Economy

10.3. Growth without Internally Generated Productivity Increase

10.4. Growth with Internally Generated Productivity Increase

10.5. Interpreting Japan's Economic Growth

10.6. Rate of Return and Rate of Profit

10.7. Conclusion

Appendix: Macro-Equilibrium in a Corporate Economy

11. GOVERNMENT POLICIES

11.1. Introduction

11.2. Antimonopoly Policy

11.3. Industrial Policy

11.4. Technology Policy

11.5. A Case-Study: The Computer Industry

11.6. Conclusion

12. JAPANESE MANAGEMENT IN THE WORLD

12.1. Growth Preference, Competition, and Accountability Revisited by Way of Summary

12.2. Japanese Management Abroad

12.3. Investment in Overseas Distributions

12.4. Acquisitions of Foreign Firms, Acquisitions by Foreign Firms

12.5. What Can We Expect in the Future?

Bibliography

Index

A

B

C

D

E

F

G

H

I

J

K

L

M

N

O

P

R

S

T

U

V

W

Y

Author Index

Q

Y.

Notes:

Bibliographic Level Mode of Issuance: Monograph

Includes bibliographical references (p. [338]-354) and indexes.

Description based on metadata supplied by the publisher and other sources.

ISBN:

1-281-97827-2

OCLC:

646795030