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Tables of Contents for Corporate Capitalism in Japan
Chapter/Section Title
Page #
Page Count
General Editor's Foreword
ix
Introduction: Banking and Industry in Japan
xi
Michio Morishima
Author's Preface (1983)
lix
PART I WHAT IS CORPORATE CAPITALISM?
The `Companised' Society
3
10
`The company state'
3
3
Companies and culture
6
3
The `companisation' of education
9
2
The abnormal growth of company consciousness
11
2
The Logic of Corporate Capitalism
13
8
Organisations and people
13
2
Loyalty to the company
15
3
`The status of the company' and `the status of the human being'
18
3
The `Comanism' System
21
14
Japanese-style management
21
3
Internalising into the company
24
3
The utility of the fiction of the corporate person
27
8
PART II THE JAPANESE COMPANY
The `Corporatisation' of Shareownership
35
13
The dispersal of the private shareholder
35
2
The phenomenon of `corporatisation'
37
3
The significance of companies owning shares in companies
40
2
Mutual shareownership
42
2
Institutional ownership and corporate ownership
44
4
Dividends and Share Prices
48
16
The erosion of dividends
48
2
Dividend policy in Japan
50
2
Why dividends do not increase
52
3
The share price mechanism
55
2
Demand, supply and share prices
57
1
Growth in the practice of issuing shares at market price
58
3
Exploiting high share prices
61
3
Takeovers
64
13
The joint-stock company and takeovers
64
2
The safe shareholder strategy
66
2
Cornering shares: the Japanese way
68
2
`Companism' and the prevention of takeovers
70
7
PART III MANAGERS
Who Rules Japan?
77
11
An invisible structure
77
2
The power structure of the business community
79
2
Managers of large firms
81
2
Large private shareowners
83
2
From private capitalism to corporate capitalism
85
3
Managers and Shareholders
88
7
The structure of top management in Japan
88
3
Relationship with shareholders
91
1
Managers and share prices
92
3
Managers and Employees
95
6
Promoting managers from within
95
2
Managers as workers' representatives?
97
1
Employee participation in management
98
3
Representatives of the Company
101
7
The basis of managerial authority
101
1
Control based on corporate shareholders
102
1
Representative of the company
103
2
Representative directors
105
3
The Privilege and Position of Management
108
9
Who determines management?
108
1
Who becomes manager?
109
2
A manager's wealth and income
111
6
PART IV RELATIONS BETWEEN FIRMS
Fixed Relations
117
8
Problems with the inter-firm relationship theory
117
1
Trading between firms in Japan
118
2
The theory behind trade among firms
120
2
The factors making relationship rigid
122
3
Mutual Control and Mutual Dependency
125
8
Theory on mutual trade
125
2
Japan's reciprocal business
127
2
Trading within the industrial group
129
1
Mutual shareholdings
130
1
Elements which support `companism'
131
2
Externalisation and Formation of Keiretsu
133
8
Externalisation by large firms
133
1
The realities of industry's keiretsu
134
1
The aim of forming a keiretsu
135
2
The tools of the keiretsu
137
1
Logic of externalisation
138
3
Exclusionary Character
141
8
Trade friction
141
1
The Japanese government's response
142
2
Opposition to financial liberalisation
144
2
Competition among firms
146
3
Institutional Framework
149
10
Relationship between companies
149
2
Anti-monopoly law
151
2
Japan's large corporation systems
153
2
Regulation of mutual shareholding
155
4
Index
159