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Essay heading: Corporate Governance: US Model? Japan Model?
 
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Issue: Business
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Date added: June 3, 2002
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No of pages / words: 4 / 845
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In Japanese management systems, the employees come first. A great many of the most successful US companies are in fact governed much as Japanese companies, with strong family-like structures and an emphasis on long-term continuity. These Family, Inc. indicate that the basic Japanese approach to the corporation as a social organization, for mutual self-interest and with controls against malfeasance, provide for the most effective system of corporate governance...
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In Japanese management systems, the employees come first. A great many of the most successful US companies are in fact governed much as Japanese companies, with strong family-like structures and an emphasis on long-term continuity. These Family, Inc. indicate that the basic Japanese approach to the corporation as a social organization, for mutual self-interest and with controls against malfeasance, provide for the most effective system of corporate governance...
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