The embedded corporation : corporate governance and employment relations in Japan and the United States

Sanford M. Jacoby

Is there one best way to run the modern business corporation? What is the appropriate balance between shareholders, executives, and employees? These questions are being vigorously debated as layoffs, scandals, and restructurings rattle companies around the world. The common assumption is that globalization is merging the varieties of corporate capitalism. Yet, as this book shows, corporations in Japan and the United States are responding differently to the pressures unleashed by globalization. In America, shareholders have emerged as dominant while employment is more transitory and market-oriented. In Japan, shareholders are gaining influence but employees still play a key role in corporate strategy and governance. In "The Embedded Corporation", Sanford Jacoby traces this enduring diversity to national differences in economic history and social norms, and, paradoxically, to global competition itself. The book's vantage point for exploring the varieties of capitalism is the headquarters of large corporations - in particular, their human resources departments, where changes in markets and technology turn into corporate labor policies affecting millions of workers. Jacoby reveals the inner workings of these departments. Despite some cross-fertilization, Japanese and American corporations maintain distinctive approaches to human resource management, with Japanese HR departments occupying a more central position within the corporation. As Jacoby shows, this has important consequences for how firms compete, for corporate governance, and even for the level of inequality in Japan and the United States. "The Embedded Corporation" is a major contribution to our understanding of comparative management and the relationship between business, society, and the global economy.

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  • Preface ix CHAPTER 1: Management and the Varieties of Capitalism 1 CHAPTER 2: Human Resources Departments in Large Japanese Firms: The Way It Was 21 CHAPTER 3: Inside Japanese Companies Today 41 CHAPTER 4: The Evolution of Human Resource Management in the United States 78 CHAPTER 5: Inside U.S. Companies Today 101 CHAPTER 6: Comparative Survey Data 131 CHAPTER 7: Taking Stock and Looking Ahead 157 Acknowledgments 175 Notes 179 Index 211

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書名 The embedded corporation : corporate governance and employment relations in Japan and the United States
著作者等 Jacoby, Sanford M
出版元 Princeton University Press
刊行年月 c2005
ページ数 xi, 216 p.
大きさ 24 cm
ISBN 9780691119991
NCID BA69694206
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言語 英語
出版国 アメリカ合衆国