Corporate Capitalism in Japan
In characterising the Japanese way of business, Professor Okumura has made one of the most significant contributions to the study of economics. Following his study of the conversion of prewar zaibatsu to postwar groups of enterprises, he worked on the roll of comprehensive trading companies in these groups, the main banking system and the permanent employment system. However, he is very critical of this way of business, whereas those influenced by him are enthusiastic in its appreciation. This is the first English translation of his work.
General Editor's Foreword; M.Morishima
PART I: WHAT IS CORPORATE CAPITALISM?
The 'Companised' Society
The Logic of Corporate Capitalism
The 'Companism' System
PART II: THE JAPANESE COMPANY
The 'Corporatisation' of Shareownership
Dividends and Share Prices Take-Overs
PART III: MANAGERS
Who Rules Japan?
Managers and Shareholders
Managers and Employees
Representatives of the Company
The Privilege and Position of Management
PART IV: RELATIONS BETWEEN FIRMS
Mutual Control and Mutual Dependency
Externalisation and Formation of Keiretsu