Top team characteristics and  the business strategies of japanese firms

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Corporate Governance

ISSN: 1472-0701

Online from: 2001

Subject Area: Business Ethics and Law

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Document Information:
Title:	Top team characteristics and the business strategies of japanese firms
Author(s):	Roblyn Simeon, (Roblyn Simeon is Associate Professor at the College of Business, Department of International Business, San Francisco State University, San Francisco, California, USA.)
Citation:	Roblyn Simeon, (2001) "Top team characteristics and the business strategies of japanese firms", Corporate Governance, Vol. 1 Iss: 2, pp.4 - 12
Keywords:	Business strategy, Corporate governance, Japan, Teams, Top management
Article type:	Research paper
DOI:	10.1108/14720700110394344 (Permanent URL)
Publisher:	MCB UP Ltd
Abstract:	This study is an extension of research which links top management team characteristics and the use of a variety of business strategies. Agency theory and information processing theory provided the framework used to investigate the complex business strategies of 219 Japanese firms in four sectors. Statistical results support our view that top team characteristics reflect important aspects of the corporate governance strategies needed to manage business strategies such as specialization, diversification and internationalization. Although there are substantial institutional differences in the business environments, it appears that there is increasing convergence in the Japanese and American approaches to corporate governance.