The Japanese Model of Corporate Management : A Driving Force for the Development of Japanese Corporations But Also a Source of Ethical Difficulties

抄録

Japan is a country consisting of small islands with few natural resources. Located in the northeast of Asia, the Japanese had few opportunities to communicate with other civilizations and cultures. Until the end of the 19th century, Japan continued on its sleepy way. Now, the Japanese economy consists of international corporations ranked globally alongside the United States. This paper examines the modern driving forces behind the growth of both Japan and its corporations. The Japanese Model of Corporate Management consists of three factors contributing to the sustainable growth of Japanese corporations. The Japanese model, however, raises a number of ethical issues. These issues have emerged as the model has been challenged by companies that have adopted the Anglo-American business concepts (e.g., transparent disclosure of information and consolidation of financial statements). (Key words: Bushido, Employee Loyalty, Two values, Corporate Governance, Evolution)