Demise Nobuyuki
   Department   Undergraduate School  , School of Commerce
   Position   Professor
Language English
Publication Date 2005/06
Type Academic Journal
Title Business Ethics and Corporate Governance in Japan
Contribution Type Sole-authored
Journal Business and Society
Volume, Issue, Page 44(2),pp.211-217
Details This paper was written on the basis of my presentation at the Third ISBEE World Congress in 2004, in Melbourne. The summary of this paper is as follows. In Japan, although many people are interested in corporate governance and business ethics, there is little consensus on what good corporate governance entails. The Japanese Commercial Code (revised in 2003) enables Japanese companies to introduce a board committee system and abolish the company auditor system. After the recent exposure of various corporate malpractices, many Japanese companies have started institutionalizing business ethics in their organizations. Nevertheless, ethical issues such as death from overwork (‘karoshi’), harassment at work, illegal collusion (‘dango’) and defrauding consumers and governments still remain prominent. In this paper, I investigate how Japanese companies are addressing these corporate issues.