Value-based management of the Rising Sun / editors, Yasuhiro Monden ... [et al.].

Format:

Book

Contributor:

Monden, Yasuhiro, 1940-

Series:

Monden Institute of Management and Accounting (Series) ; v. 1.

Monden Institute of Management : Japanese management and international studies, 1793-2874 ; v. 1

Language:

English

Subjects (All):

Industrial management--Japan.

Corporations--Japan.

Cost control.

Value.

Physical Description:

1 online resource (528 p.)

Place of Publication:

Hackensack, NJ : World Scientific Pub., c2006.

Language Note:

English

Summary:

This book provides critical information on a wide selection of cases and theories that detail reforms and innovations in Japanese companies, in their decade-long struggle to recover from the 1991 bubble burst. It examines the Japanese concept of business value, business restructuring, organizational redesign and new business models.The book is unique in that the technique and models described are all originally developed in Japan. It will serve as a useful reference source for companies looking for ways to rejuvenate their businesses.

Contents:

Preface; Contents; Part 1 Theories of Organizational Design: Corporate Value and Organizational Boundaries; Chapter 1 Business Value, Human Assets and Organizational Restructuring Yasuhiro Monden; 1.1 Introduction; 1.2 Business Value and Corporate Governance; 1.2.1 Shareholder value and human assets; 1.2.1.1 Management based on shareholder value; 1.2.1.2 Human assets as goodwill or corporate brand; 1.2.2 Balance between human-asset-based management and shareholder-value-based management; 1.2.3 Relationship between value-based management and corporate governance

1.3 Strategy for Selecting the Core Competence When Restructuring an Organization1.3.1 The concept of "core competence"; 1.3.2 Selection of a core business; 1.4 Contingency Theory for the Selection of Diversification and Specialization Strategies; 1.4.1 Various organizational structures; 1.4.2 Selection of business consolidation and business divestiture strategies; 1.4.2.1 Economic difference among various types of organizational units in a group; 1.4.3 Solving the conflict of interest between the business group and the affiliated companies

1.4.4 Two steps in the process of business group restructuring1.5 Patterns of Organizational Restructuring from the Viewpoint of the Business Group; 1.6 Conclusion and Summary; References; Chapter 2 Organizational Boundaries and Firm Value: Japanese-Specific Management and Concepts Noboru Harada; 2.1 Introduction; 2.2 Organizational Boundaries of a Firm; 2.2.1 Existence and boundaries of a firm; 2.2.1.1 Coase's theorem in transaction-cost perspective; 2.2.2 Limits of organizational boundaries of a firm; 2.3 Strategy and Organizational Boundaries of a Firm; 2.3.1 Strategy and uncertainty

2.3.2 Strategy and organizational boundaries of a firm2.4 Resource and Knowledge as Strategic Capabilities; 2.4.1 Resource-based view of a firm; 2.4.2 Knowledge-based view of a firm; 2.4.3 Dynamic resource-based view of a firm; 2.4.3.1 Dynamic capabilities and path-dependent evolution; 2.4.3.2 Dynamic capabilities and their lifecycle; 2.5 Decision of Organizational Boundaries and Firm Value; 2.5.1 Creation of firm value and capabilities; 2.5.2 Firm value and Ohlson's firm's equity valuation model; 2.5.3 Organizational boundaries and value added; 2.6 Concluding Remarks; References

Chapter 3 Business Revitalization Based on the Financial Restructuring of Japanese Companies Yasuto Monden & Yasuhiro Monden3.1 Introduction; 3.2 Approaches to the Two Sources of Capital for the Revival of a Company; 3.3 Restructuring through the Industrial Revitalization Corporation of Japan (IRCJ); 3.4 Revitalization of the Banks by Injection of Public Funds; 3.5 Business Revitalization through Buyout Funds; 3.5.1 Basic function of equity funds or buyout firms; 3.5.2 Environmental difference in the buyout funds between Japan, Europe and the US: Management conventions unique to Japan

Funds of smaller size

Notes:

Description based upon print version of record.

Includes bibliographical references and index.

ISBN:

9786611909079

9781281909077

1281909076

9789812707253

9812707255