In characterising the Japanese way of business, Professor Okumura
has made one of the most significant contributions to the study of
economics. Following his study of the conversion of prewar zaibatsu
to postwar groups of enterprises, he worked on the roll of
comprehensive trading companies in these groups, the main banking
system and the permanent employment system. However, he is very
critical of this way of business, whereas those influenced by him
are enthusiastic in its appreciation. This is the first English
translation of his work.
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