The fear of errors in Japan and the extraordinary measures taken to avoid them, crystallizes some key issues about Japan's distinctive business culture, which so far seems to have resisted most attempts at globalization, despite the risks to competitiveness.
Taking a Long Look at Japan by James Mackintosh (Wall Street Journal)
Investors are often told to take the long view. The horrible performance of Japan’s stock market recently shows once again why the advice is so hard to follow.
Secrecy, hierarchy haunt Japan's corporate culture By Linda Sieg (Japantoday)
A spate of high-profile scandals at leading Japanese companies show reforms and rhetoric aimed at improving the country’s corporate governance do not go far enough to unwind the culture of secrecy and hierarchy that plagues Japan Inc.
Japan in a bind as US turns up heat in currency wars by John Plender (Financial Times)
Japan’s recent experience demonstrates how difficult it can be to effect a competitive devaluation. Part of the reason for the strength of the currency this year was the yen’s role as a haven.
The perils facing Japan’s pension funds by Henny Sender (Financial Times)
New heads at GPIF and Japan Post face challenge in negative yielding world. If Japanese households are to avoid a fall in their standard of living as they age, then earning more on their collective savings is critical.
Do Not Come To Japan This Week by Brian Ashcraft (Kotaku)
Did you just arrive in Japan? Oh dear. Bad timing. This is Golden Week, when the entire country goes on vacation.
Abe Still Holds The Strong Cards by Peter Tasker
Recent months have seen a series of setbacks and disappointments for the inventor of Abenomics. But if a clear-headed appraisal is made of what went wrong, there is every chance that flagging confidence in his leadership can be restored and indeed strengthened.
No comments:
Post a Comment