2014 Fiscal Year Final Research Report
Understanding Japanese Corporate Governance: From the Perspective of Confucian Ethics
| Project/Area Number |
24653080
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| Research Category |
Grant-in-Aid for Challenging Exploratory Research
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| Allocation Type | Multi-year Fund |
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| Research Field |
Business administration
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| Research Institution | Hitotsubashi University |
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Principal Investigator |
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| Project Period (FY) |
2012-04-01 – 2015-03-31
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| Keywords | 良心による企業統治 / 儒教倫理 / 渋沢栄一 / 道徳経済合一説 |
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| Outline of Final Research Achievements |
The purposes of this study were (a) to show the effectiveness of Confucian ideas in understanding Japanese "self-discipline oriented" corporate governance (CG), and (b) to pioneer the new field of Confucian management philosophy based on Japanese practices.
In order to achieve these purposes, firstly, the hidden but potent mechanism of Japanese CG was elucidated using the key concept of “conscience-based CG” whose framework was based on Confucian ethics. Secondly, one of the philosophical foundations of Japanese CG was investigated by way of clarifying the significance of “the doctrine of inseparability of morality and economy” which Eiichi Shibusawa, a great Confucian businessman in Modern Japan, had advocated. It was found that Shibusawa’s doctrine, the essence of which is “public interest first, private profit second”, affords an important philosophical foundation on which to further develop the concept of “conscience-based CG.”
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| Free Research Field |
経営学、経営哲学
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