2016 Fiscal Year Final Research Report
the evolution of corporate govermnannce and manufacturing in VW group
| Project/Area Number |
25380540
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| Research Category |
Grant-in-Aid for Scientific Research (C)
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| Allocation Type | Multi-year Fund |
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| Section | 一般 |
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| Research Field |
Management
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| Research Institution | Meiji University |
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Principal Investigator |
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| Project Period (FY) |
2013-04-01 – 2017-03-31
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| Keywords | 多元的企業統治モデル / インサイダー型企業統治 / 会社の利益 / ディーゼル排ガス不正 / 労使共同決定 / ファミリー支配 / 資本市場の圧力の遮断 / 新VW法 |
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| Outline of Final Research Achievements |
The VW Group is a leading company in Germany, it stands as well representative for the German company model. With respect to corporate governance at VW, three are three peculiar characteristics: co-determination system, family control, insider-type governance structure. This specific corporate governance structure aims at aligning and balancing the interests of all stakeholders while pursuing “company prosperity” as the highest priority. However, the negative aspect of this corporate governance system is the tendency to create closed, inward-oriented decision making structures and mechanisms. On the one hand, therefore, this corporate governance system provides tremendous potential for economic growth to all company actors that are striving for realizing common company goals, while on the other, it bears considerable risks of creating a kind of locked-in company centrism. This provides the soil for both, the tremendous company development over the years as well as the diesel scandal.
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| Free Research Field |
経営学
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