2005
DOI: 10.1111/j.1467-8683.2005.00436.x
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Stakeholders under Pressure: corporate governance and labour management in Germany and Japan

Abstract: A small but significant stream of research has emerged on how changes in corporate governance impact labour management, particularly in countries with stakeholder-oriented corporate governance. This paper briefly reviews existing empirical and theoretical literature on the links between corporate governance and labour management. Then it compares recent trends in Germany and Japan in terms of how changes in corporate governance affect the distribution of value-added, employment adjustment, pay systems and empl… Show more

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Cited by 100 publications
(53 citation statements)
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“…Gray et al, 1995a;Kolk, 2003;Griffin and Weber, 2006) and or national contexts perspectives (e.g. Maignan, 2001;Chapple and Moon, 2005;Jackson, 2005;Amaeshi et al, 2006;Matten and Moon, 2008). These studies often tend to either bracket sectors or national contexts in their accounts, depending on which of the two they are focusing on.…”
Section: Discussionmentioning
confidence: 99%
See 2 more Smart Citations
“…Gray et al, 1995a;Kolk, 2003;Griffin and Weber, 2006) and or national contexts perspectives (e.g. Maignan, 2001;Chapple and Moon, 2005;Jackson, 2005;Amaeshi et al, 2006;Matten and Moon, 2008). These studies often tend to either bracket sectors or national contexts in their accounts, depending on which of the two they are focusing on.…”
Section: Discussionmentioning
confidence: 99%
“…The CME is society oriented and firms within it often tend to focus on meeting broad range of stakeholders' needs (e.g. employees, suppliers, shareholders, etc), whereas the LME is market oriented and often focuses more on meeting shareholders needs than those of any other stakeholder groups (Dore, 2000;Amable, 2003;Hall and Soskice, 2001;Fiss and Zajac, 2004;Jackson, 2005;Hancke et al, 2007). Japan and Germany are prime examples of CME whereas UK and the USA are exemplars of LME.…”
Section: Comparative Capitalism Perspectivementioning
confidence: 99%
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“…Since the 1990's regulatory reform in Japan has encouraged outside investment and scrutiny (Jackson & Miyajima, 2007). Recent studies focusing on Japan and Germany suggest that such pressures from foreign and new domestic investors are associated with adoption of "US" practices and performance pressures (Ahmadjian & Robbins, 2005;Jackson, 2005;Yoshikawa & Phan, 2001, 2003Yoshikawa, Tsui-Auch, & McGuire, 2007). Foreign ownership in listed Japanese firms increased from less than 5% in 1990 to over 20% in 2003 (Seki, 2005).…”
Section: Change In Capital Markets and Shareholding Patternsmentioning
confidence: 96%
“…research in the context of topics such as corporate governance (Aguilera, Filatotchev, Gospel, & Jackson, 2008;Aguilera & Jackson, 2003;Jackson, 2005) and international business (Jackson & Deeg, 2008;Redding, 2005;Witt & Lewin, 2007;Witt & Redding, 2008).…”
mentioning
confidence: 99%