Competitiveness Issues: The Business Environment in the United States, Japan, and Germany : Report to Congressional RequestersThe Office, 1993 - 136 pages |
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Common terms and phrases
activities American analysts believe antitrust law Antitrust Regulation bank holding companies bank-industry Business Environment Capital Choices capital markets cartels changes Competitiveness Policy Council cooperative corporate governance Corporate Structures cost of capital cross-shareholding differences Economic Environment in Germany Environment in Japan equity experts Fair Trade Commission Federal foreign funds German banks German companies German corporate German firms German law Government-Industry Relationships growth Harvard Business School industry analysts institutional investors International Japan and Germany Japanese and German Japanese business Japanese companies Japanese firms Japanese government joint ventures keiretsu labor long-term relationships major manufacturing market share merger Michael E Monopolies Commission OECD Operating Business Practices percent productivity role semiconductor shareholders stock market stockholders Structures and Governance supervisory board suppliers takeovers three countries trade associations U.S. banks U.S. companies U.S. corporations U.S. firms U.S. government United voting Washington West Germany zaibatsu
Popular passages
Page 28 - EC are Belgium, Denmark, France, Germany, Greece, Ireland, Italy, Luxembourg, the Netherlands, Portugal, Spain, and the United Kingdom.
Page 79 - Initiative to identify and solve structural problems in both countries that stand as impediments to trade and balance of payments adjustment with the goal of contributing to the reduction of payments imbalances.
Page 100 - The pretrial devices that can be used by one party to obtain facts and information about the case from the other party in order to assist the party's preparation for trial.
Page 100 - I6A class action provides a means by which, in a large group of persons interested in a matter, one or more may sue or be sued as representatives of the class without needing to have every member of the class join in the lawsuit.
Page 26 - Michael E. Porter, Capital Choices: Changing the Way America Invests in Industry, Council on Competitiveness and Harvard Business School (Washington, DC: 1992).
Page 133 - Competing Economies: America, Europe, and the Pacific Rim, Office of Technology Assessment, Congress of the United States.
Page 95 - The system involves two primary parties — the Ministry of Finance and the Bank of Japan, Japan's central bank.
Page 126 - Giersch et al., The Fading Miracle: Four Decades of Market Economy in Germany (Cambridge, England: Cambridge University Press, 1992).
Page 95 - ... follows. When a shock hits a group-affiliated firm, it is unlikely to go bankrupt or become a target of takeover because of its implicit financial contracts with its main bank and other stable corporate shareholders. Rather the main bank of the firm will provide financial assistance to the firm such as emergency finance or interest payment deferrals and exemptions. The main bank provides this assistance in the context of close monitoring of and to various degrees direct intervention in the management...
Page 57 - ... project — largely defensive reasons. Companies rarely contribute their best scientists and engineers to cooperative projects and usually spend much more on their own private research in the same field. Typically, the government makes only a modest financial contribution to the project. The real value of Japanese cooperative research is to signal the importance of emerging technical areas and to stimulate proprietary company research. Cooperative projects prompt companies to explore new fields...