Strategic Economy in Japan by Thomas M. Huber

Author:Thomas M. Huber [Huber, Thomas M.]
Language: eng
Format: epub
Tags: Public Policy, Economics, Economic Policy, Political Science, Asia, Business & Economics, History, General
ISBN: 9780813320953
Google: r5MoAQAAMAAJ
Goodreads: 11199310
Publisher: Westview Press
Published: 1994-01-15T14:07:24+00:00

Nonstrategic Companies

Only a few of Japan’s corporations are strategic corporations. Japan has approximately 1.7 million incorporated firms, of which only about 200 are full-fledged strategic corporations. Some 10,000 more are affiliated client companies in the strategic system. All the rest of Japan’s million corporations, including even some in the lowermost tiers of suppliers to the strategic system, are not strategic corporations. Nonstrategic corporations come in all sizes but tend on the whole to be smaller and have lower wages. They may have some of the same features as strategic corporations, or they may have none. They may have influential individual investors, a president who makes many times what his employees make, hierarchical supervision, and nonguaranteed employment.47 In other words, they may have the qualities one might usually expect of a small commercial organization rather than a large strategic organization. Nonstrategic corporations belong to the Japan Chamber of Commerce and Industry, not to the Federation of Economic Organizations (Keidanren), which is the national federation of the strategic corporations.48

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