Though survival is important to firms, especially to the Japanese big businesses, there are few empirical studies on their longevity. This paper conducts the statistical analysis on the longevity of the Japanese big businesses using data on 1,273 listed firms in the first section of Tokyo Stock Exchange. The result indicates that the longevity of the Japanese big businesses may go beyond a century on average, and the longevity had increased gradually in the post-WWII period. These findings suggest that the Japanese big businesses are stable. This paper also explores the relationship between this stability and the Japanese corporate systems.
G. H. Hofstede (1980) Culture's Consequences is a result of an extensive research on the international comparison of corporate culture in 40 countries through 1967 to 1973. Hofstede identified four dimensions of culture from the investigation data of IBM's 40 subsidiaries. He developed four indices, but did not explicitly present the exact computation formulas for Individualism index and Masculinity index. This paper reproduces the formulas and proves how to conduct a factor analysis that Hofstede employed for development of these indices. Hereafter, supplementary analysis could be done using all four indices of Hofstede. Also a factor analysis could be done in Hofstede's method.
Japanese sporting gun manufacturers have competitive advantage in the world market. The unfavorable conditions after World War II resulted in improving the sporting gun processing technology drastically, during which the core technologies and their learning process have shifted in four phases.
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