Corporate Governance: US Model? Japan Model?
James C. Abegglen
Chapter 7 in 21st-Century Japanese Management, 2006, pp 131-149 from Palgrave Macmillan
Abstract:
Abstract Just as fashions change and styles go in and out of favor, so ideas regarding corporate management change with the economic climate. In the 1980s, the great success of the Japanese economy brought about efforts to understand and copy Japanese management methods. With the end of Japan’s boom and long-continued restructuring of Japan’s economy, Japanese management methods went entirely out of fashion. US companies no longer seek to introduce quality control circles, or kaizen, and industrial policy concerns gave way entirely to a belief in the efficiency of the untrammeled market.
Keywords: Corporate Governance; Japanese Company; Chief Executive Officer; Governance System; Japanese Management (search for similar items in EconPapers)
Date: 2006
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-50085-3_7
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DOI: 10.1057/9780230500853_7
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