Abstract
Recently, Japanese corporations are starting to adopt not only "lifetime employment system" but also "pay-per-performance system". However, the relationship between the employment systems and business performance is unclear and it has not been studied enough. This paper was based on a standpoint of the labor liquidity and analyzed the relationship. As a result of correlation analysis, it was shown that growth corporations were utilizing non-permanent workers to raise the labor liquidity. Also, managerial characteristics in each business field were different.
