Mitsuru Misawa – författare

When the world economy is facing serious difficulties such as now, the management of Japanese corporations is attracting attention from all over the world. In coping with rapid changes in the environment, Japanese management techniques and legal practices continue to change. In the era of internationalization, Japan and foreign countries have followed a path of convergence, despite differing traditions. By following this course, businesses both in Japan and abroad are expected to achieve greater progress in productivity, cost efficiency, and profit maximization, while maintaining good quality control. However, these Japanese stories are only partially known to the world.As one of the very few casebooks written in English on Japanese corporations, this book offers valuable insights into Japan's unique business culture and practices. The seven cases in this book include well-known Japanese corporations such as the Bank of Japan, Toyota, Sumitomo-Mitsui Bank, Saizeriya, and Toshiba. "The Toshiba Accounting Scandal: How Corporate Governance Failed" and "Negative Interest Rates: The Bank of Japan Experience" rank as "BESTSELLERS" in the Top 20 most popular cases at Harvard. These cases illustrate many of the key differences between Japan and the West that exist in the realm of corporate governance and finance. All in all, the book provides relevant and in-depth information on the current state of business in Japan.

This book is the 2nd edition of the author's earlier book with the same title. It contains additional five chapters that are added to reflect the most recent changes in the economy and law in Japan.At a time when foreign interest in the current Japanese market and economy is significant and becoming increasingly prominent, Japanese corporate behavior and practices are two potentially confusing areas for international businessmen, accountants and lawyers. This book features numerous insights into Japanese perspectives on finance, law and business, based on the author's expertise in these three areas. As the data provided in this book is pertinent to understanding Japanese laws and business practices, this text will be of great interest to foreign companies aspiring to be successful in Japan.

While globalization of the Japanese economy has been advancing with astounding speed, significant differences remain between the management philosophy and techniques used within Japanese companies and those used in the West. These include the significant differences in the use of capital budgeting techniques, economic and political assessment of projects, decision-making styles, and techniques of corporate governance. Furthermore, Keiretsu (interlocking shareholdings) still plays an important role in the financing of companies in Japan. Such differences have a momentous impact on decision-making processes within companies.This case book illustrates many of the key differences that exist in the realm of corporate governance and finance. As one of the very few casebooks written in English on Japanese corporations, this book offers valuable insights into Japan's unique business culture.