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> Tokyo Disneyland and the DisneySea Park: Corporate Governance and Differences in Capital Budgeting Concepts and Methods Between American and Japanese Companies

商品編號: HKU568
出版日期: 2006/03/23
作者姓名:
Misawa, Mitsuru
商品類別: Finance
商品規格: 26p

再版日期:
地域: United States;Japan
產業: Amusement & theme parks
個案年度: -  

 


商品敘述:

In 1997, building on its earlier success with Tokyo Disneyland, Oriental Land Corp. Japan and the Walt Disney Co. discussed the possibility of a new joint project known as the Tokyo DisneySea Park. Different approaches toward capital budgeting and distinct corporate governance regimes led the two firms to evaluate the project in different ways. Although globalization of the Japanese economy has advanced with astounding speed, management philosophy and capital budgeting techniques still differ significantly among Japanese and American firms. In a joint venture, such differences have a momentous impact on decision-making processes. Illustrates key divergent practices between Japanese and American firms in the realm of corporate governance and finance.


涵蓋領域:

Finance;Capital budgeting;Management philosophy;Cross cultural relations;Foreign investment;International business;Corporate governance;Joint ventures


相關資料:

Case Teaching Note, (HKU569), 12p, by Mitsuru Misawa