Corporate Japan goes to waste
Article Abstract:
Japanese companies appear to be making little effort to restructure, despite the Japanese recession. Return on equity is far lower than US levels and even levels for mainland Europe. Labor costs have increased and income has shifted from capital to labor. Increased unemployment is linked to problems facing smaller firms rather than restructuring by big firms. Japanese companies also tend to have high debt-equity ratios. Large companies are starting to sell assets, and share option schemes are becoming more common.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1998
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Monopoly prophets
Article Abstract:
Great Britain's sell-off of its government corporations is greatly admired and copied, but issues of regulation still need to be resolved to encourage competition and control prices.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1993
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