- Copyright Page
- List of Figures
- List of Tables
- List of Contributors
- The Evolving Corporation: economy, law, and society
- The Dutch East India Company: the first corporate governance debacle
- English East India Company-State and The Modern Corporation: the google of its time?
- Socializing Capital: the rise of the industrial corporation
- From Berle to the Present: the shifting primacies of corporation theory
- Understanding the Roots of Shareholder Primacy: the meaning of agency theory, and the conditions of its contagion
- Corporate Purpose: legal interpretations and empirical evidence
- Corporate Law as a Solution to Team Production Problems
- Corporations as Sempiternal Legal Persons
- Finance Capitalism, the Financialized Corporation, and Countervailing Power
- The Neoliberal Corporation
- Theorizing the Corporation: liberal, confucian, and socialist perspectives
- Global Corporations and Global Value Chains: the disaggregation of corporations?
- Growth Strategies of the New Multinationals
- Corporations, Organization, and Human Action: an anthropological critique of agency theory
- The Japanese Corporation: community, purpose, and strategy
- Dynamic Capabilities, the Multinational Corporation, and Capture oF Co-created Value from Innovation
- The Theory Of Innovative Enterprise: foundations of economic analysis
- Corporations In The Clouds?: the transformation of the corporation in an era of disruptive innovations
- The Changing Nature of The Corporation and The Economic Theory of The Firm
- Corporate Responsibility and the Embedded Firm: a critical reappraisal
- The Greening of the Corporation
- Corporate Sustainability In A Fragile Planet
- Transcending The Corporation: social enterprise, cooperatives, and commons-based governance
- The Evolution of Corporate Form: from shareholders’ property to the corporation as commons
Abstract and Keywords
The majority of Japanese companies have taken what they regard as significant steps in the direction of accountability. In Japan, however, there is a different conception of the role of the board, the function of corporate governance, and the purpose of the corporation. This chapter argues that significant changes in these enduring Japanese corporate values and practices can only be accomplished if a more convincing theory and model of the corporation is proposed. In important respects, the contemporary evolution of corporate governance in Japan reflects the fundamental dilemmas inherent in defining corporate purpose that were first recognized by Berle and Means. The negotiation of the contemporary corporate community, purpose, and strategy in Japan will be of relevance to the definition of the distinctive orientations of Asian corporations.
University of Meiji, Japan
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