Stock Market Capitalism: Welfare Capitalism

By R. Dore. 2000

611 citations recorded by the source corpus.

Subfields: Finance, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/179bcbeffc3a79006f3717636274c35f64be04f1

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Citations in the corpus

Continuity and Change in Corporate Governance: Comparing Germany and Japan (2005, neutral): “…has a small but growing literature tried directly to compare the similarities and differences between “deviant” models such as Germany and Japan (Dore, 1996, 2000; Streeck and Yamamura, 2001; Yamamura and Streeck, 2003) or differentiate among East Asian, Latin and other European models…”
The translation of corporate governance changes across national cultures: the case of Germany (2005, background): “Germany belongs to this world of what Dore (2000) calls " Welfare Capitalism " , where executives are mainly influenced not by stock prices and shareholders but by the voice of other stakeholders (Noteboom, 1999) who are highly-committed to the firm and are prepared to contribute formally to its…”
The thick description and comparison of societal systems of capitalism (2005, background): “Another pair of labels making the same distinction is Stock Market Capitalism and Welfare Capitalism (Dore, 2000).”
Stakeholder Rights and Corporate Governance: A Cross-National Study of Hostile Takeovers (2004, background): “To discipline managers, corporations place greater emphasis upon internal mechanisms such as boards of directors that exhibit broad stakeholder representation, including labor, creditors, and regulatory agencies (Charkham, 1994; Prowse, 1995; Lazonick and O'Sullivan, 1996; Dore, 2000).”
Capitalist diversity and diversity within capitalism (2009, background): “The 1990s and early 2000s saw a proliferation of literature aimed at explaining the coexistence and persistence of alternative manifestations of capitalism (cf. Dore, 2000; Hall & Soskice, 2001; Lincoln & Kalleberg, 1990; Whitley, 1999).”
The Importance of Employment Protection for Skill Development in Coordinated Market Economies (2007, background): “Its focus is on corporate governance and associated relationships between the firm and other bodies and clusters of interests (Appelbaum et al., 2000; Dore, 2000; Hall and Soskice, 2001; Whitley, 1999).”
Family Control and Ownership Monitoring in Family-Controlled Firms in Japan (2010, background): “The relationship between a firm and its main bank plays a central role in Japanese corporate governance (Dore, 2000).”
Do Shareholders or Stakeholders Appropriate the Rents from Corporate Diversification? The Influence of Ownership Structure (2010, background): “Unlike lifetime employment, which is institutionally legitimized in Japan, high managerial compensation runs counter to Japanese norms of egalitarianism (Dore, 2000).”
Measuring Organizational Performance: Towards Methodological Best Practice (2009, background): “The “Anglo-American” model of the United States and the United Kingdom gives primacy to the interests of shareholders (Dore, 2000).”
The Capitalization of Almost Everything (2007, background): “…economic life broadly defined, which is seen to have agency at a range of scales, from generating instability within the economic system as a whole (Dore, 2000), through the pressure exerted on corporations in capital markets (Froud et al, 2006; Pike, 2006; Sinclair, 2005), to the equity effects…”
Money flows like mercury: the geography of global finance (2005, background): “…systems that either do not have these institutions (such as funded pensions) or have developed models of corporate governance that tend to distribute income and revenue for consumption and investment through the claims of stakeholders (as in Germany and Japan; see Dore (2000) and Roe (1994)).”
Institutional Analysis and the Paradox of Corporate Social Responsibility (2006, background): “Japan, for example, has long been known for the fact that its corporations typically hire employees for life and, if economic circumstances dictate, will shed labor by reassigning employees to jobs in other closely held firms (Dore, 2000).”
Creating ‘value’ beyond the point of production: branding, financialization and market capitalization (2010, background): “Processes of financialization unfold as corporate strategies are shaped and assessed in relation to their anticipated effectiveness in defending or raising stock prices (see Dore, 2000; Ezzamel et al., 2009).”