A History of Top Management in Japan: Managerial Enterprises and Family Enterprises

A History of Top Management in Japan: Managerial Enterprises and Family Enterprises

A History of Top Management in Japan: Managerial Enterprises and Family Enterprises

A History of Top Management in Japan: Managerial Enterprises and Family Enterprises

Synopsis

This book analyses the top management of leading Japanese enterprises. Drawing on the work of Alfred Chandler, Morikawa demonstrates the difference between family-owned firms and professionally managed firms.

Excerpt

In Japan, many of the top managers of large enterprises join their companies upon graduating from university (some join in midcareer) and are promoted as they accumulate knowledge and experiences before becoming top managers. Both the number and percentage of these types of top managers have increased since the Meiji era, and, along with the lifelong employment and seniority based promotion systems, this is a fundamental characteristic of the Japanese corporate system.

I began my study of salaried managers in Japan, particularly salaried managers who had risen to their positions through promotion, in the early 1970s. Prior to that, I had studied the business history of zaibatsu in Japan. However, after I began examining the roles of salaried managers in zaibatsu and their roles in top management as key factors in the development of these organizations, I focused on salaried managers, particularly promoted salaried managers in large enterprises, both those in zaibatsu and those who were not. Much to my surprise, a similar study was going on almost simultaneously in the United States. Professor A. D. Chandler, Jr., was also studying large enterprises in which salaried managers make decisions at the highest levels of management and the significance of these types of companies in the history of business in the United States. It was in the article “Seedbed of Managerial Capitalism,” in Managerial Hierarchies by A. D. Chandler and H. Daems, published in 1980, that Dr. Chandler clearly defined large . . .

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