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Books > Business & Economics > Business & management > Management & management techniques > Organizational theory & behaviour
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The Great East Japan Earthquake and Its Impact on German Firms - An Empirical Study (Paperback, 2014 ed.)
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The Great East Japan Earthquake and Its Impact on German Firms - An Empirical Study (Paperback, 2014 ed.)
Series: SpringerBriefs in Business
Expected to ship within 10 - 15 working days
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This publication sheds light on how Japan-based German firms dealt
with the impact of the Great East Japan Earthquake that occurred in
March 2011. To gather data, a questionnaire was developed and sent
out in April 2012 to 244 German subsidiaries based in the Kanto
area, mainly in Tokyo, with replies received from the top managers
of 84 firms. In addition, the author conducted follow-up interviews
with top managers of 14 of those firms in Tokyo to illuminate
interesting aspects of the responses given in the questionnaires.
It is shown that the overall impact on the performance of German
firms was comparatively low. Those firms have now returned to
normal operation and face relatively few disaster-related problems.
However, firms with higher autonomy more frequently moved their
offices either to the Kansai area, including Osaka, Kobe and Kyoto,
or at least temporarily closed down. In retrospect, the interviews
made clear that relocating or suspending operations was a costly
mistake. In contrast to transaction cost theory, which states that
subsidiaries should be given high autonomy in such cases of
emergency, it would have been better for the headquarters offices
to have communicated more intensively with the management of their
subsidiaries. "
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