Career mobility in the embedded market: a study of the Japanese financial sector
Hiroshi Ono ()
Asian Business & Management, 2018, vol. 17, issue 5, 339-365
Abstract The coexistence of domestic and foreign firms in Japan provides a fascinating test bed through which to examine how local firms adapt to global pressures, and how employees navigate the changing institutional environment. I employ a mixed methods approach using in-depth interviews and two separate datasets of finance professionals in Japan. My analysis reveals that there is greater mobility and greater employee heterogeneity in the foreign firms. Mobility is a one-way transition from domestic to foreign firms, intermediated by status distinctions between firms. My findings also suggest that mobility in the foreign firms is constrained by local norms and conventions.
Keywords: Foreign firms; Career mobility; Human capital; Internal labor market; Japanese employment system (search for similar items in EconPapers)
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