Japanese Corporate Governance and the Principle of Internalism
Japanese Corporate Governance and the Principle of Internalism
复制标题
日本公司治理与内部主义原理
DOI:
10.1111/j.1467-8683.2007.00539.x
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发表时间:
2007
期刊:
影响因子:
--
通讯作者:
J. Buchanan
中科院分区:
文献类型:
--
作者:
J. Buchanan
Japanese corporate governance can be analysed in terms of a defining characteristic of "internalism": the belief that companies should be controlled by internally appointed managers who are integrated into their firms. Examples are offered from recent contacts with corporate management and other sources to illustrate how this determines the response of management to specific developments. Internalism depends on a socio-corporate environment created by specific historical and economic circumstances. Potentially disruptive elements exist which could alter this environment and undermine the foundations on which internalism rests. However, major change seems unlikely in the near future. Copyright (c) 2007 The Author; Journal compilation (c) 2007 Blackwell Publishing Ltd.