INTRODUCTION

Akira Mitsumasu

Chapter 1 in Control and Coordination of Subsidiaries in Japanese Corporate Groups, 2015, pp 1-3 from World Scientific Publishing Co. Pte. Ltd.

Abstract: Most newspaper and business magazine articles on strategic moves of large corporations, tend to mention that corporations have full control over their activities, enabling them to invest in new businesses or refocusing on core ones. Given that there are hundreds of subsidiaries of large Japanese corporations, and a daunting task of coordinating masses of activities across organizations, one begins to wonder just how much control there really is? How do companies manage their subsidiaries? And more fundamentally, why do many large Japanese companies choose to pursue such a strategy…

Keywords: Parent and Subsidiary; Business Group; Control and Coordination; Transaction; Typology of Subsidiary; Japanese Corporate Groups; Roadmap to Successful Subsidiary; Japanese Corporate System (search for similar items in EconPapers)
Date: 2015
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