Professor and Konwakai Japan Research Chair, Sauder School of Business and Institute of Asian Research, University of British Columbia, nakamura@interchange.ubc.ca
"Corporate Governance and Management Mechanisms in China and India: Any Implications from the Japan Model?"
W. Mark Fruin, College of Business, SJSU.
In order that the newly emerging economies of China and India may continue their growth in a sustainable manner, good corporate governance and management mechanisms must be in place. While it is still too early to tell what the desired forms of these mechanisms might be for these countries in the long run, both China and India have been adopting new laws, institutions and other business practices from the West that will shape their corporate governance and management systems. In this paper we discuss how Japan's experience in the development of its modern corporate sector from the Meiji era to the post-World War II might be of some guidance in the processes of formulating government policies and firms' strategies in these countries. We expect, for example, that Japan's experience in the following areas may have relevant implications for these countries: business groups of various types; development of industrial relations and employment and other management practices; the interactions between business and government; and how these and other factors relate to the development of technology.
print
email