This special issue starts with a short summary of the changing perceptions of Japan’s political economy from its meteoric rise as worldwide leading model in the 1970s and 1980s to its demotion to a problem and reform case since the later 1990s. Based on this overview, it identifies some striking issue and open questions in this conventional view of Japan’s political economy as problem and the high expectations on Abenomics as Japan’s current economic reform programme. Then we discuss the articles of the special issue and their new contributions to a better understanding of the developments at the corporate level as well as institutional change and economic reforms at the macro level in the last two decades.
Étiqueté : corporate governance
Discussion Paper Series 2017 #04: « Understanding Corporate Responsibility in Japanese Capitalism: Some Comparative Observations »
By Gregory Jackson and Julia Bartosch. This paper discusses cross-country patterns of corporate responsibility with an interface to the discussion of a variety of capitalisms, and how corporate responsibility mirrors or substitutes for institutionalized forms of coordination.
The third INCAS annuel meeting will take place at the St Antony’s College, University of Oxford, from 25th May to 26th May 2017.
Discussion Paper Series 2017 #03: « Changes in the Corporate Governance System and Presidential Turnover »
By Hideaki Miyajima, Ryo Ogawa and Takuji Saito. The article aims to shed light on how changes in the corporate governance system for Japanese firms since the 1990s have influenced presidential turnover.
« Japanese political economy revisited: diverse corporate change, institutional transformation, and Abenomics »
By David Chiavacci and Sébastien Lechevalier, in Japan Forum (2017).
« Understanding institutional change in Asia: A comparative perspective with Europe », 15-17 September, 2016, Tokyo
The 2nd annual meeting of the INCAS project will be held at Waseda University (Tokyo, Japan), from 15th to 17th September 2016.
Discussion Paper Series 2016 #03 : « Does Ownership Really Matter? : The Role of Foreign Investors in Corporate Governance in Japan »
After the banking crisis of 1997, corporate ownership in Japan shifted from an insider-dominated to an outsider-dominated structure. This paper analyzes the impact of dramatic changes in the ownership structure on corporate governance and firm value, focusing on the role of foreign institutional investors.