The Emergent Diversity of Firms in “the Decade of Flux” in Japan: Hybridization or Transition?

The Emergent Diversity of Firms in "the Decade of Flux" in Japan: Hybridization or Transition?

Masahiko Aoki - Takahashi Professor Emeritus of Economics, Stanford University

Wednesday, February 21, 2007 - 4:30pm to 6:00pm
Room 106, Department of Economics See map
28 Hillhouse Avenue
New Haven, CT 6511

Professor Aoki will present an interesting result of empirical research on recent changes in the linkage of corporate governance and organizational architecture in Japan and show the emergence of a new-pattern: linkage of semi-market oriented governance with quasi-traditional employment system as a core, with increasing mobility of labor in periphery. He will discuss whether this is a transitory phenomenon to the American type model or represents a new type of corporate governance institution adapted to new economic environments.

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Japan