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Corporate Governance Simon Learmount (, Judge Institute of Management, University of Cambridge)

Corporate Governance By Simon Learmount (, Judge Institute of Management, University of Cambridge)

Corporate Governance by Simon Learmount (, Judge Institute of Management, University of Cambridge)


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Summary

This title explores current thinking on corporate governance by way of an empirical examination of the governance practices of 14 Japanese companies. The book suggests that a system of reciprocal responsibilities, obligations, and trust within and between companies acts as an important means by which most Japanese companies are governed.

Corporate Governance Summary

Corporate Governance: What Can Be Learned From Japan? by Simon Learmount (, Judge Institute of Management, University of Cambridge)

This book explores current thinking on corporate governance by way of a detailed study of the governance practices of fourteen Japanese companies. The author was granted extensive access to these Japanese companies, as well as to their partner companies, their shareholders, and their banks, and is therefore able to provide a detailed insight into the way that Japanese companies are actually governed on a day-to-day basis. The book suggests that current mainstream conceptualizations of corporate governance are inadequate, as they do not help to understand the way that these Japanese companies are directed and controlled in practice. In the majority of cases, governance operates through a system which draws on the reciprocal obligations, responsibilities, and trust generated in everyday interactions at the individual and organizational level. The conclusions of the research have important implications not only for our understanding of the Japanese system of corporate governance, but also for international corporate governance policy and research in general. In particular, the book commends greater recognition that alongside the currently dominant concern 'controlling' the behaviour of company managers, the governance of companies might equally be considered in terms of the responsibilities, reciprocal obligations, and trust inherent in everyday interactions. The book is equally accessible and relevant to both academics and to those involved with corporate governance issues on a day-to-day basis, including financial services providers, lawyers, policymakers, and company directors.

Corporate Governance Reviews

... begins with a useful review of recent trends in both the study of corporate governance and the study of Japanese enterprise ... The book is well organized, it is very well written, and the argument is laid out clearly. * Enterprise & Society *

About Simon Learmount (, Judge Institute of Management, University of Cambridge)

Simon Learmount is a lecturer at the Judge Institute of Management, University of Cambridge, and is a Shimomura Fellow at the Development Bank of Japan. He has a Ph.D. and an MBA from the University of Cambridge. Formerly he worked as Sales and Marketing Director of an international healthcare organization, and Managing Director of an international educational organization. In both positions he worked extensively in Japan.

Table of Contents

Introduction ; 1. A Review of Corporate Governance Ideas ; 2. Current Views of Japanese Corporate Governance ; 3. Carrying-out the Research ; 4. Japanese Companies and their Shareholders ; 5. The Company-Main Bank Relationship ; 6. A Community of Employees ; 7. Japanese Directors: Elders of the Corporate Community ; 8. What Can Be Learned?

Additional information

NPB9780199252916
9780199252916
0199252912
Corporate Governance: What Can Be Learned From Japan? by Simon Learmount (, Judge Institute of Management, University of Cambridge)
New
Hardback
Oxford University Press
2002-09-05
190
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
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Customer Reviews - Corporate Governance