Kristin Vekasi, "Risk Management Strategies of Japanese Companies in China: Political Crisis and Multinational Firms "
English | ISBN: 0367205572 | 2019 | 182 pages | EPUB | 2 MB
In the context of political tensions and rising economic interdependence between Japan and China, this book studies how Japanese multinational companies try to minimize damages and manage their own fear and uncertainty to sustain their business interests.
Using a qualitative approach, including over 150 interviews with Japanese and Chinese business and industry leaders, combined with statistical analysis of unique firm-level data, this book brings a ‘firm-level view’ to this crucial case of political conflict amid economic interdependence. It argues that there is wide variation in the degree of material damages Japanese multinationals sustain in the aftermath of political disputes, and how threatening they perceive the risks of political conflict to be. This book then goes on to evaluate the different responses to risk, from promoting Japan’s culture through privately funded tactics and building common cause with the government, to diversifying a portion of assets abroad and even leaving China entirely.
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