164 pages | 31 B/W Illus.
As the world's third-ranking economic power, Japan's style of management, such as the lifetime employment system, the seniority system, and an enterprise union, has been well studied. However, little else is known about the Japanese management control systems (MCSs) and management accounting systems, which are significantly different from other economic powers.
This book sheds light on Japanese MCSs and the differences with those of the United States, illustrated with examples from Mitsubishi Electric, Kao, and more. This book aids not only researchers in management accounting, but also provides more useful insight for international investors and management accountants that can prove useful in business management.
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1 Introduction: what are management control systems in Japanese companies?
2 Management control systems: definitions and development
3 Cost allocation systems: ABC versus Japanese cost accounting innovation
4 A challenge to better budgeting in Japanese companies
5 Management in decentralized Japanese companies
6 Balanced Scorecard versus the Japanese system
7 Performance measures: ROI, ROS, ROE, and EVA®
8 Management of advertising expenses in KAO
9 Transfer pricing in Mitsubishi Electric
10 Beyond budgeting or new budgeting? The case of Disco
11 Microprofit centers: amoeba system in Kyocera
12 The story of a comeback from bankruptcy: Japan Airlines
Routledge Frontiers of Business Management is a research series focusing on entrepreneurial, innovative and managerial aspects of business. It aims to provide advanced, cutting-edge work to enrich existing discussion. The book series therefore, will be of interest to those who want to learn more about emerging business trends, key challenges in business management and dynamic models of these key areas.
For more information about this series, please contact Commissioning Editor, Lam Yongling at Lam.YongLing@tandf.com.sg