A critique of the article "An Analysis of Japanese Corporate Structure 1915-1937" by Jennifer Frankl.
Written in 2006; 1,800 words; 1 sources; MLA; $ 57.95
Paper Summary:
This paper reviews and critically evaluates the article "An Analysis of Japanese Corporate Structure 1915-1937", written by Japanese researcher Jennifer Frankl. The author of this paper explains that Jennifer Frankl attempted a cross cultural study of the performance of Japanese Corporations during a period when Japan was far more insulated from evaluation by non-Japanese. While the author finds validity in some of Frankl's conclusions, he believes that, overall, Frankl's article is lacking. He concludes that Frankl would need access to more detailed and accurate data if she is to make a definitive statement about the differences between the different types of Japanese conglomerates during this hazy historical period.
Old versus New Zaibatzu (Conglomerates)
Literature Review
Critical Evaluation: A Balanced Appraisal of Strengths and Weaknesses of the Author's Argument
Is Problem Worthwhile?
Is Methodology Appropriate?
Is Empirical Work Valid?
Are Theoretical Models Valid?
Results - Are Conclusions Valid?
From the Paper:
"Frankl notes that there has been some excellent research done on each old conglomerate and on some of the new conglomerates. This research has described their ownership structure, management structure and their sources of finance. The existing literature on the zaibatzu focuses on their monopoly of power in the political events of the prewar years. Researchers such as Shigeaki Yasuoka and Hidemasu Morikawa have suggested these corporations used their resources including capital and enterpreneurial talent more efficiently than did independent firms. Yasuoka believes that membership in a conglomerate may have lowered risk but does not suggest a mechanism by which this occurred. Authors Haley and Nakagawa both emphasize government favoritism as a key to their growth. W. Mark Fruin suggests that economies of scale and scope drove the growth of the zaibatzu. Frankl is dubious about this contention since his study derives from a limited number of case studies. "
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