Chapter

Introduction

Curtis J. Milhaupt and Mark D. West

in Economic Organizations and Corporate Governance in Japan

Published in print June 2004 | ISBN: 9780199272112
Published online August 2004 | e-ISBN: 9780191601316 | DOI: http://dx.doi.org/10.1093/0199272115.003.0001
Introduction

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Outlines the author's institutional and empirical approach, which is to look at the ‘big picture’ rules of the game (institutions, in the form of both formal laws and informal norms and practices) and the fine detail of how those rules are actually impacting incentives, information, and bargaining in the Japanese economy (empirics). In each chapter, the authors explain behaviour in the Japanese economy as a function of the rules of the game. Where applicable, they describe how these rules are changing and why. This approach, novel to studies of Japan, offers compelling answers to heretofore unanswered questions, and provides new perspectives on debates scholars may have thought to be settled.

Keywords: corporate governance; economy; empirical; Japan; law; new institutional economics

Chapter.  3345 words. 

Subjects: Financial Markets

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