Conflict and Change Foreign Ownership and the Japanese Firm 1st Edition by George Olcott ISBN 0521878705 9780521878708

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Product details:

ISBN 10: 0521878705

ISBN 13: 9780521878708 

Author:  George Olcott 

What happens to the traditional work practices of Japanese firms when they are taken over by European and American firms? How do the employees react? What lessons can be learned from examples of successful and unsuccessful acquisitions? Formerly, such questions would never have been asked, simply because the incidence of take-overs of Japanese firms by foreign companies was virtually non-existent. However, in past years, a number of major Japanese companies have come under the control of foreign firms. Conflict and Change focuses on five Japanese companies acquired by foreign firms (including Nissan, Chugai Pharmaceutical and Shinsei Bank) to show how take-overs by foreign companies have changed HR and organisational practices traditionally associated with Japanese firms. This provides invaluable information for researchers and managers about the choices and challenges associated with cross-border acquisitions of firms that are embedded in ‘institutionally distant’ frameworks.

• Was the first book-length treatment of the challenges associated with take-overs of Japanese firms by foreign companies
• Includes case studies of important Japanese firms such as Nissan, Chugai Pharmaceutical and Shinsei Bank
• Contains extensive interviews with management and employees of case companies giving insights into the objectives of shareholders and the reaction of employees to organisational change

Table of contents:

1. Japanese institutions: are they different?
2. The study: overview and methodology
3. Entering the firm: recruitment and training
4. Lifetime employment and career patterns
5. Reward systems
6. Female employees
7. Organisation and decision-making process
8. Discussion and conclusion

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Tags: George Olcott, Conflict, Change, Foreign Ownership, Japanese Firm