The Embedded Corporation: Corporate Governance and Employment Relations in Japan and the United States by Sanford M. JacobyThe Embedded Corporation: Corporate Governance and Employment Relations in Japan and the United States by Sanford M. Jacoby

The Embedded Corporation: Corporate Governance and Employment Relations in Japan and the United…

bySanford M. Jacoby

Paperback | July 22, 2007

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Is there one best way to run the modern business corporation? What is the appropriate balance between shareholders, executives, and employees? These questions are being vigorously debated as layoffs, scandals, and restructurings rattle companies around the world. The common assumption is that globalization is merging the varieties of corporate capitalism. Yet, as this book shows, corporations in Japan and the United States are responding differently to the pressures unleashed by globalization. In The Embedded Corporation, Sanford Jacoby traces this diversity to national differences in economic history and social norms, and, paradoxically, to global competition itself.


The book's vantage point for exploring the varieties of capitalism is the human resource departments of large corporations, where changes in markets and technology turn into corporate labor policies affecting millions of workers. Despite some cross-fertilization, Japanese and American corporations maintain distinctive approaches to human resource management, which has important consequences for how firms compete, for corporate governance, and even for the level of inequality in Japan and the United States.



The Embedded Corporation is a major contribution to our understanding of comparative management and the relationship between business, society, and the global economy.

Sanford M. Jacoby is the Howard Noble Professor of Management, Public Policy, and History at the University of California, Los Angeles.
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Title:The Embedded Corporation: Corporate Governance and Employment Relations in Japan and the United…Format:PaperbackDimensions:232 pagesPublished:July 22, 2007Publisher:Princeton University PressLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0691133840

ISBN - 13:9780691133843

Reviews

Table of Contents

Preface to the Paperback Edition ix

Preface xiii

Chapter 1: Management and the Varieties of Capitalism 1

Chapter 2: Human Resources Departments in Large Japanese Firms: The Way It Was 21

Chapter 3: Inside Japanese Companies Today 41

Chapter 4: The Evolution of Human Resource Management in the United States 78

Chapter 5: Inside U.S. Companies Today 101

Chapter 6: Comparative Survey Data 131

Chapter 7: Taking Stock and Looking Ahead 157

Acknowledgments 175

Notes 179

Index 211

Editorial Reviews

"This book is a must-read for anyone searching for a better understanding of the economics of corporate change and social decline. I recommend it."---Elizabeth A. Ashack, Monthly Labor Review