Excess Capacity and Difficulty of Exit

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Publisher :
ISBN 13 : 9789811649011
Total Pages : 0 pages
Book Rating : 4.6/5 (49 download)

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Book Synopsis Excess Capacity and Difficulty of Exit by : Sumio Saruyama

Download or read book Excess Capacity and Difficulty of Exit written by Sumio Saruyama and published by . This book was released on 2021 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides cases and analyses of causes and consequences of difficulty in downsizing and exiting in the electronics industry during the "two lost decades" in Japan. Because of excess capacity in the industry, many electronics companies have been required for downsizing and exit since the 1990s. Exploiting corporate financial and segment datasets, it shows empirical evidence of misallocation of internal funds to "zombie" segments-intra-firm businesses suffering losses consecutively. The topics addressed in the book include the failure of Japanese corporate internal control systems, the lack of capital market pressure, employment protection, and misallocation of internal funds to businesses with few prospects. The last two decades indicate that the Japanese corporate governance systems have failed to resolve problems of excess capacity, as did US systems in the 1980s. Zombie lending is no more than one phase of the difficulty of downsizing and exit in response to excess capacity in the banking sector. Supported by both data analyses and rich anecdotal evidence, this book is highly recommended to readers who seek a convincing and comprehensive explanation of Japan's two lost decades from the points of view of difficulty in downsizing and exit. The authors' analyses have implications not only for accelerating downsizing and exit in corporate Japan, but also for the world economy.

Excess Capacity and Difficulty of Exit

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Publisher : Springer Nature
ISBN 13 : 9811649006
Total Pages : 112 pages
Book Rating : 4.8/5 (116 download)

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Book Synopsis Excess Capacity and Difficulty of Exit by : Sumio Saruyama

Download or read book Excess Capacity and Difficulty of Exit written by Sumio Saruyama and published by Springer Nature. This book was released on 2021-09-16 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides cases and analyses of causes and consequences of difficulty in downsizing and exiting in the electronics industry during the “two lost decades” in Japan. Because of excess capacity in the industry, many electronics companies have been required for downsizing and exit since the 1990s. Exploiting corporate financial and segment datasets, it shows empirical evidence of misallocation of internal funds to “zombie” segments—intra-firm businesses suffering losses consecutively. The topics addressed in the book include the failure of Japanese corporate internal control systems, the lack of capital market pressure, employment protection, and misallocation of internal funds to businesses with few prospects. The last two decades indicate that the Japanese corporate governance systems have failed to resolve problems of excess capacity, as did US systems in the 1980s. Zombie lending is no more than one phase of the difficulty of downsizing and exit in response to excess capacity in the banking sector. Supported by both data analyses and rich anecdotal evidence, this book is highly recommended to readers who seek a convincing and comprehensive explanation of Japan's two lost decades from the points of view of difficulty in downsizing and exit. The authors’ analyses have implications not only for accelerating downsizing and exit in corporate Japan, but also for the world economy.

American Corporate Economy

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Publisher : Taylor & Francis
ISBN 13 : 9780415186094
Total Pages : 456 pages
Book Rating : 4.1/5 (86 download)

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Book Synopsis American Corporate Economy by : William Lazonick

Download or read book American Corporate Economy written by William Lazonick and published by Taylor & Francis. This book was released on 2002 with total page 456 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Investment Climate and the Firm

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Publisher : World Bank Publications
ISBN 13 :
Total Pages : 56 pages
Book Rating : 4./5 ( download)

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Book Synopsis The Investment Climate and the Firm by : Mary Hallward-Driemeier

Download or read book The Investment Climate and the Firm written by Mary Hallward-Driemeier and published by World Bank Publications. This book was released on 2003 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: The importance of a country's "investment climate" for economic growth has recently received much attention. Hallward-Driemeier, Wallsten, and Xu address the general lack of appropriate data for measuring the investment climate and its effects. The authors use a new survey of 1,500 Chinese enterprises in five cities to more precisely define and measure components of the investment climate, highlight the importance of firm-level data for rigorous analysis of the investment climate, and investigate empirically the effects of this comprehensive set of measures on firm performance in China. Overall, their firm-level analysis reveals that the main determinants of firm performance in China are international integration, entry and exit, labor market issues, technology use, and access to external finance. This paper--a product of Investment Climate, Development Research Group--is part of a larger effort in the group to understand the investment climate using firm-level datasets.

Microeconomics: Theory And Applications Part Ii

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Publisher : PHI Learning Pvt. Ltd.
ISBN 13 : 8120337158
Total Pages : 295 pages
Book Rating : 4.1/5 (23 download)

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Book Synopsis Microeconomics: Theory And Applications Part Ii by : S. P. S. Chauhan

Download or read book Microeconomics: Theory And Applications Part Ii written by S. P. S. Chauhan and published by PHI Learning Pvt. Ltd.. This book was released on 2009-12 with total page 295 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents a scientific and systematic development of the under-lying concepts of microeconomics with due emphasis on analytical and mathematical treatment, much needed for an application orientation of mind, to help students in understanding and tackling the real-world problems. The book is organized into nine chapters. The first chapter is devoted to price-output decisions of a monopoly. It provides a comprehensive account of these decisions under all their manifestations in a systematic manner with illustrative sketches and mathematical explanations. Chapters 2 to 4, devoted to imperfect markets, cover monopolistic competition, duopoly and oligopoly under different situations of product pricing and quantity determination. The analysis is systematic incorporating illustrative sketches and mathematical explanations. Chapter 4 presents the sales maximization models of Baumol. Chapter 5 is devoted to factor pricing and Chapter 6 to capital and investment decisions. The former focuses on pricing of variable and fixed factors of production while the latter on intertemporal analysis and choice under uncertainty. Chapters 7 to 9, devoted to general equilibrium and market failure, analyse topics on general equilibrium and Pareto efficiency, markets with asymmetric information and externalities and public goods. This title includes: over 145 neatly drawn figures to clarify the concepts; chapter-end summaries as 'key terms and concepts' to facilitate quick revision; over 410 chapter-end short and long answer questions of numerical and analytical nature with hints, and answers as appropriate to probe the student's assimilation of the material covered; and, numerous illustrative examples throughout the text to illustrate the application of concepts.

MICROECONOMICS: AN ADVANCED TREATISE

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Publisher : PHI Learning Pvt. Ltd.
ISBN 13 : 812035222X
Total Pages : 968 pages
Book Rating : 4.1/5 (23 download)

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Book Synopsis MICROECONOMICS: AN ADVANCED TREATISE by : CHAUHAN, S. P. S.

Download or read book MICROECONOMICS: AN ADVANCED TREATISE written by CHAUHAN, S. P. S. and published by PHI Learning Pvt. Ltd.. This book was released on 2016-06-08 with total page 968 pages. Available in PDF, EPUB and Kindle. Book excerpt: Enriching contents of the book in the Second Edition, the author proffers a thoroughly revised and updated text with main focus on Game Theory, Linear Programming and Output–Input Analysis. Besides he gives due weightage to the topics on International Trade, Decision Theory, Pricing Policies in Practice and Basics of Econometrics for Estimation of Economic Functions—by introducing them as independent chapters in the present edition. The concepts have been introduced keeping decision-makers in mind, who may be associated with the corporate world or pursuing management courses offered by various institutes in India and abroad. The mathematical treatment of the topics, which is one of the distinguishing features of the book, is facilitated in a student-friendly approach. Primarily intended for the undergraduate and postgraduate students of commerce, economics and management, the book is a comprehensive text in accordance with the syllabi of B.Com, B.Sc (Economic Hons.), M.Com, M.A. (Economics) and Master of Business Economics (MBE) courses. Besides academic pursuits, the book will also be useful for the aspirants of competitive examinations such as Indian Administrative Services (IAS), Provincial Civil Services (PCS), and Indian Economic Services (IES).

Contemporary Strategy Analysis Text Only

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Publisher : John Wiley & Sons
ISBN 13 : 1119120837
Total Pages : 480 pages
Book Rating : 4.1/5 (191 download)

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Book Synopsis Contemporary Strategy Analysis Text Only by : Robert M. Grant

Download or read book Contemporary Strategy Analysis Text Only written by Robert M. Grant and published by John Wiley & Sons. This book was released on 2016-01-05 with total page 480 pages. Available in PDF, EPUB and Kindle. Book excerpt: Robert M. Grant combines a highly accessible writing style with a concentration on the fundamentals of value creation and an emphasis on practicality in this leading strategy text. In this new edition several topics have increased emphasis including: platform-based competition and 'ecosystems' of related industries; the role of strategy making processes/practices; mergers, acquisitions and alliances; and additional emphasis on strategy implementation.

Contemporary Strategy Analysis

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Publisher : John Wiley & Sons
ISBN 13 : 1119120845
Total Pages : 776 pages
Book Rating : 4.1/5 (191 download)

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Book Synopsis Contemporary Strategy Analysis by : Robert M. Grant

Download or read book Contemporary Strategy Analysis written by Robert M. Grant and published by John Wiley & Sons. This book was released on 2016-01-05 with total page 776 pages. Available in PDF, EPUB and Kindle. Book excerpt: A strategy text on value creation with case studies The ninth edition of Contemporary Strategy Analysis: Text and Cases focuses on the fundamentals of value creation with an emphasis on practicality. Topics in this edition include: platform-based competition and ecosystems of related industries; the role of strategy making processes; mergers, acquisitions and alliances; and strategy implementation. Within the twenty case studies, students will find leading companies that are familiar to them. This strategy analysis text is suitable for MBA and advanced undergraduate students.

Strategic Thinking

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Publisher : Routledge
ISBN 13 : 1136663320
Total Pages : 340 pages
Book Rating : 4.1/5 (366 download)

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Book Synopsis Strategic Thinking by : Irene M. Duhaime

Download or read book Strategic Thinking written by Irene M. Duhaime and published by Routledge. This book was released on 2012-03-22 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt: There are many strategy books available in the marketplace for today’s student or business professional; most of them view strategy from the 10,000 foot level, while Strategic Thinking looks at this important business topic through a different lens. Written from the perspective of a manager, this book builds on theories of managerial and organizational cognition that have had a powerful influence on many business fields over the last two decades. As other books on business policy and strategy cover a broad range of topics, models, frameworks, and theories, the unique feature of this book is that it covers all this, but also focuses on how managers of business firms understand their business environments, assess and marshal their firms’ resources, and strive for advantage in the competitive marketplace. It examines the economic, structural, and managerial explanations for firm performance. Offering professors and business people who are intrigued by the ideas introduced in Peter Senge’s books ways to apply those ideas and principles in the classroom and in the companies in which they work, the book puts managers front and center.

Declining Demand, Divestiture, and Corporate Strategy

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Publisher : Beard Books
ISBN 13 : 1587981963
Total Pages : 446 pages
Book Rating : 4.5/5 (879 download)

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Book Synopsis Declining Demand, Divestiture, and Corporate Strategy by : Kathryn Rudie Harrigan

Download or read book Declining Demand, Divestiture, and Corporate Strategy written by Kathryn Rudie Harrigan and published by Beard Books. This book was released on 2003 with total page 446 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a reprint of a previously published book. It's original title was Strategies for Decliing Businesses.

Strategic Management

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Publisher : Kogan Page Publishers
ISBN 13 : 9780749439385
Total Pages : 296 pages
Book Rating : 4.4/5 (393 download)

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Book Synopsis Strategic Management by : Philip Sadler

Download or read book Strategic Management written by Philip Sadler and published by Kogan Page Publishers. This book was released on 2003 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: A study of the fundamental concepts, frameworks and ideas of strategic management. This second edition of Strategic Management MBA Masterclass has been updated and expanded to cover areas such as mergers and acquisitions, corporate parenting, defining business purpose and contrasting schools of thought.

Maturity and Stagnation in American Capitalism

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Publisher : NYU Press
ISBN 13 : 0853453187
Total Pages : 275 pages
Book Rating : 4.8/5 (534 download)

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Book Synopsis Maturity and Stagnation in American Capitalism by : Josef Steindl

Download or read book Maturity and Stagnation in American Capitalism written by Josef Steindl and published by NYU Press. This book was released on 1976 with total page 275 pages. Available in PDF, EPUB and Kindle. Book excerpt: Details a pattern of development and investment in the American economy that produces diminished growth and increased stagnation.

Corporate Governance and Corporate Finance

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Publisher : Routledge
ISBN 13 : 1134136056
Total Pages : 780 pages
Book Rating : 4.1/5 (341 download)

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Book Synopsis Corporate Governance and Corporate Finance by : Ruud A.I. van Frederikslust

Download or read book Corporate Governance and Corporate Finance written by Ruud A.I. van Frederikslust and published by Routledge. This book was released on 2007-12-18 with total page 780 pages. Available in PDF, EPUB and Kindle. Book excerpt: Pt. 1. Alternative perspectives on corporate governance systems -- pt. 2. Equity ownership structure and control -- pt. 3. Corporate governance, underperformance and management turnover -- pt. 4. Directors' remuneration -- pt. 5. Governance, performance and financial strategy -- pt. 6. On takeover as disciplinary mechanism.

Foundations of Strategy

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Publisher : John Wiley & Sons
ISBN 13 : 1118914708
Total Pages : 404 pages
Book Rating : 4.1/5 (189 download)

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Book Synopsis Foundations of Strategy by : Robert M. Grant

Download or read book Foundations of Strategy written by Robert M. Grant and published by John Wiley & Sons. This book was released on 2015-03-30 with total page 404 pages. Available in PDF, EPUB and Kindle. Book excerpt: Foundations of Strategy, second edition is a concise text aimed at both undergraduate and Masters students. Written in an accessible style with the needs of these students in mind, the latest edition has a clear, comprehensive approach, underlined by sound theoretical depth. The content has been fully revised and updated to reflect recent developments in the business environment and strategy research. Features of the text include: 10 chapters covering all the topics in a typical one-semester course. Concise and integrated treatment of strategy implementation focusing on strategy in practice. Integration of the not-for-profit sector. Opening and closing chapter case studies covering a range of real-world, global examples. Featured Example and Case Insight boxes throughout chapters to give an additional dimension to the subject matter. An extensive range of learning and teaching materials accompany this text including instructor manual, case teaching notes, test bank and PowerPoint slides, for instructors. Resources for students include self-test quizzes and glossary flashcards to check understanding.

Liberalizing Europe’s Skies – A Failure? An Analysis of Airline Entry and Exit in the Post-liberalized German Airline Market, 1993-2006

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Publisher : Anchor Academic Publishing (aap_verlag)
ISBN 13 : 3954892693
Total Pages : 128 pages
Book Rating : 4.9/5 (548 download)

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Book Synopsis Liberalizing Europe’s Skies – A Failure? An Analysis of Airline Entry and Exit in the Post-liberalized German Airline Market, 1993-2006 by : Nicole Petrick-Felber

Download or read book Liberalizing Europe’s Skies – A Failure? An Analysis of Airline Entry and Exit in the Post-liberalized German Airline Market, 1993-2006 written by Nicole Petrick-Felber and published by Anchor Academic Publishing (aap_verlag). This book was released on 2014-09 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: The study examines actual entry and exit dynamics in the German airline market in light of the European liberalization process. For this purpose, flight schedules data was used to derive entry and exit statistics for a set of chosen inner-German routes over a period of thirteen years. Data was analysed in cross-sectional and longitudinal manner while identifying different entry waves and examining incumbent behaviour with respect to entry deterrence strategies. Furthermore, the market’s concentration and structure was tracked to allow a conclusion with respect to the market’s contestability after liberalization. The results suggest the existence of remaining structural barriers to entry and depict a rather unsatisfactory overall state of the post liberalized market.

Energy Economics

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Publisher : Springer
ISBN 13 : 3662530228
Total Pages : 324 pages
Book Rating : 4.6/5 (625 download)

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Book Synopsis Energy Economics by : Peter Zweifel

Download or read book Energy Economics written by Peter Zweifel and published by Springer. This book was released on 2017-03-27 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides an introduction to energy economics. It shows how to apply general economic theory as well as empirical and advanced econometric methods to explain the drivers of energy markets and their development. Readers learn about the specific properties of energy markets as well as the physical, technological, environmental, and geopolitical particularities of energy sources and products. The book covers all types of energy markets, ranging from liquid fuels, gaseous fuels, and solid fuels to electricity. It also addresses emission allowances, energy efficiency, and nuclear risks. The authors discuss the engineering properties of energy technologies including renewables, the economics of natural resources and environmental protection, market liberalization, and energy trade as well as the experience of the German energy transformation. This book will serve students as a textbook and practitioners as a reference for their understanding of energy markets and their development.

OECD Business and Finance Outlook 2017

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Publisher : OECD Publishing
ISBN 13 : 9264274898
Total Pages : 172 pages
Book Rating : 4.2/5 (642 download)

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Book Synopsis OECD Business and Finance Outlook 2017 by : OECD

Download or read book OECD Business and Finance Outlook 2017 written by OECD and published by OECD Publishing. This book was released on 2017-05-30 with total page 172 pages. Available in PDF, EPUB and Kindle. Book excerpt: The OECD Business and Finance Outlook is an annual publication that presents unique data and analysis that looks at what might affect and change, both favourably and unfavourably, tomorrow’s world of business, finance and investment.