Title

Institutional Complementarity and Firm Performance: The Case of Japan

Publication Type

Journal Article

Publication Date

1997

Abstract

The major premise of the article is that economic organizations of a nation can succeed in market competition only if there are institutional completmentarities,because such complementarities enhance effective functioning of each institucional in the nation and thus,produce the positive economic effects. The article applies this premise to case of Japan and examines the Japanese institutions and their complementarities,especially those that support the main bank system and the employment system.The main argument of the article is that the supeioreconomic performance of the industrial system that has institucional changes.The emerging gaps between institutions can have negative effects on the performance of Japanese firms.

Discipline

Business Law, Public Responsibility, and Ethics | Finance and Financial Management

Research Areas

Finance

Publication

Business and the Contemporary World

Volume

8

Issue

3/4

First Page

62

Last Page

85

ISSN

1041-8482

Publisher

Bentley College

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