Description
Book SynopsisJapanese Multinationals in the Global Economy goes beyond traditional methods of research in international business by providing new simple data comparisons on the global operations of Japanese firms. A key aim of this book is to encourage other researchers to explore a new data source and expand and shape their own studies on multinationals.
This book will be a significant addition to the debate on the behaviour of multinational firms because it avoids the problems and restrictions involved using national government data and individual case studies. The book presents key information based on the most extensive samples of multinationals at the subsidiary level using both cross sectional data and data over time. The authors provide a direct comparison of US subsidiaries, using the established Harvard Multinational Enterprise database, and Japanese subsidiaries, using the much less well-known Toyo Keizai annual data.
Key features include:
- a summary description of the Toyo Keizai database
- comparisons of Japanese and US multinationals based on the dates the subsidiaries entered the parent's system, annual sales levels and the equity level of the subsidiary
- the data includes employment levels, expatriate management, ownership patterns and joint venture ownership structures
- new data on the performance of Japanese subsidiaries is measured using several dimensions and illustrates important recent trends
After each data set the authors briefly discuss the information available pointing the way for new research and more in-depth analysis.
This book will be a vital source for international business researchers and corporate managers as well as government agencies and international organizations concerned with multinational enterprises, trade theory and business strategy, international economics, organizational behaviour and business history.
Trade Review'This book makes a significant contribution to the interpretation of Japan's outward FDI statistics. The authors have clarified the statistical and econometric utility of the Toyo Keizai
(TK) database, renowned in Japan for its detailed data on each affiliate owned by Japanese companies in the world.'Table of ContentsContents: Foreword by Raymond Vernon 1. Introduction 2. The Data Sources 3. Comparison of Entry Dates 4. Comparison of Sales Activity 5. Comparison of Equity Levels 6. Total Employment Levels in US and Japanese Subsidiaries 7. Expatriate Management in Japanese Subsidiaries 8. Ownership Patterns 9. Joint Venture Ownership Structure 10. Performance Index
