Japanese Firm and Firm Groups in the Historical Perspective ; An Approach from Gorporate Governance and Organizational Capability

历史视野中的日本企业和企业集团；

• 批准号: 06630063
• 负责人: MIYAJIMA Hideaki
• 金额: $ 1.09万
• 依托单位: Waseda University
• 依托单位国家: 日本
• 项目类别: Grant-in-Aid for Scientific Research (C)
• 财政年份: 1994
• 资助国家: 日本
• 起止时间: 1994 至 1996
• 项目状态: 已结题
• 来源: https://kaken.nii.ac.jp/grant/KAKENHI-PROJECT-06630063/
• 关键词: corporate governance; corporate finance; capital composition; cross shareholding; keiretsu (firm groups); investment; international competitive edge.; growth of firm; コ-ポレト・ガ-ヴァナンス; 系列(企業集団); コ-ポレート・ガ-ヴァナンス; 企業集団; 糸列; 株式相互接合; コ-ポレート・ガ-バナンス /

The purpose of this research project was to clarify the behavior structural, and functional characteristic of Japanese firm and firm groups in the historical perspective, mainly focusing on the period from the World War One to the Post Oil Crisis. The research period was divided into five sub-period such as 1) the interwar (1914-1937), 2) the wartime (1937-45), 3) the postwar reform (1945-55), 4) the high growth era (1955-1973), and 5) the post high growth era (1974--). Our focus was put on the corporate governance and finance of the Japanese large firms as well as the organizational capability of top management. In the first year (FY 1995), our main efforts were put on setting up our own data base of the high growth era concerning the ownership structure, capital composition, and corporate performance, using the data tape (later Compact disk) supplied by the Japan Development Bank. Next year, we tried to extend our data base to the wartime, and postwar reform period, adding the data for the presidential turnover in order to highlight the evolutionary process of the contingent governance structure. Third, and last year, the remaining taskwas to set up the data base for the interwar period. However, it was not regrettably finished, mainly because getting the uniformed firm level data for this period was so difficult that we had to gather necessary data from various sources. Products of this research project were presented and published in various occasion as is shown in column (11), including papers for estimating the investment function with the constraints of cash flow and regressing the presidential turnover on corporate performance in the historical perspective. The remaining task mainly composed of the structural and behaviors difference between zaibatsu comapanies and independent companies during interwar and wartime period would be clarified Soon as a follow up of this research project.

本研究项目的目的是从历史的角度阐明日本企业和企业集团的行为结构和功能特征，主要关注从第一次世界大战到后石油危机时期。研究时期分为5个子时期，即1）两次世界大战期间（1914-1937年）、2）战时（1937-45年）、3）战后改革时期（1945-55年）、4）高增长时代（1955-1973年）、5）后高增长时代（1974年--）。我们关注的重点是日本大企业的公司治理和财务以及高层管理人员的组织能力。第一年（1995年度），我们的主要工作是使用日本开发银行提供的数据磁带（后来的光盘）建立我们自己的高增长时代的数据库，涉及所有制结构、资本构成和公司业绩。明年，我们尝试将数据库扩展到战时和战后改革时期，增加总统更替的数据，以突出临时治理结构的演变过程。第三，也是去年，剩下的任务是建立两次世界大战期间的数据库。然而，它的完成并不令人遗憾，主要是因为获得这一时期的统一公司层面的数据非常困难，我们不得不从各种来源收集必要的数据。如第（11）栏所示，该研究项目的产品在各种场合发表并发表，包括估计现金流约束下的投资函数以及从历史角度回归总统换届率对公司绩效的论文。剩下的任务主要是两次世界大战期间和战时时期财阀公司和独立公司之间的结构和行为差异，作为该研究项目的后续工作，将很快得到澄清。

项目成果

Miyajima, Hideaki: "The Evolution and Change of Contingent Governance Structure in the J-Firm System : An Approach to Presidential Turnover and Firm Performance" Working paper, Waseda University, working paper 9606.

宫岛英明：“J-企业体系中的偶然治理结构的演变和变化：总统更替和企业绩效的方法”工作论文，早稻田大学，工作论文 9606。

Haruhito, Takeda: Kigyo-Syudan, Meinbanku Shisutemu no Keisei to Setsubitousi kyouso : Kodo Keizai Seityoki zenhan wo tyuusin ni shite. [The Formation of Corporate Groups, Main bank System and Investment Competition : in the case of first phase of high gr

Haruhito、Takeda：Kigyo-Syudan、Meinbanku Shisutemu no Keisei to Setsubitousi kyouso：Kodo Keizai Seityoki zenhan wo tyuusin ni shite。

H.Yamazaki and T.Kikkawa: "Sen'mon-Keieisya no Seiha : Nihon-Gata Keieisya-Kigyo no Seiritsu [The Managerial Revolution : The Emergence of Japanese-type Managerial Firm" Nihon-Teki Keiei no Renzoku to Danzetsu [The Continuity and Discontinuity of Japanese

H.Yamazaki 和 T.Kikkawa：“Senmon-Keieisya no Seiha : Nihon-Gata Keieisya-Kigyo no Seiritsu [管理革命：日本型管理公司的出现” Nihon-Teki Keiei no Renzoku to Danzetsu [连续性]

Hideaki MIYAJIMA: "The Evolution of and Change of Contingent Governance Struoture in the J-Firm System : An Approach to Presidential Turnover and Firm Performance" Warking Paper Series,Institute for Research in Contemporary Politics and Economic Affairs.W

宫岛英明：“J-企业制度中的或有治理结构的演变和变化：总统更替和企业绩效的一种方法”警告论文系列，当代政治与经济事务研究所。W

Miyajima, Hideaki: "Bank centered Corporate Groups and Investment : the Evidence from the First Phase of High Growth Era in Japan" The Waseda Commercial Review. (1996)

宫岛秀明：“以银行为中心的企业集团和投资：日本高增长时代第一阶段的证据”《早稻田商业评论》。