Risk Management Strategies of Japanese Companies in China: Political Crisis and Multinational Firms, 1st Edition (Hardback) book cover

Risk Management Strategies of Japanese Companies in China

Political Crisis and Multinational Firms, 1st Edition

By Kristin Vekasi


224 pages | 23 B/W Illus.

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Hardback: 9780367205577
pub: 2019-07-08
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In the context of political tensions and rising economic interdependence between Japan and China, this books studies how Japanese multinational companies try to minimize damages and manage their own fear and uncertainty to sustain their business interests.

Using a qualitative approach, including over 150 interviews with Japanese and Chinese business and industry leaders, combined with statistical analysis of unique firm-level data, this book brings a ‘firm-level view’ to this crucial case of political conflict amid economic interdependence. It argues that there is wide variation in the degree of material damages Japanese multinationals sustain in the aftermath of political disputes, and how threatening they perceive the risks of political conflict to be. This book then goes on to evaluate the different responses to risk, from promoting Japan's culture through privately funded tactics and building common cause with the government, to diversifying a portion of assets abroad and even leaving China entirely.

Presenting a new angle on economic globalization in the Asia Pacific region, Risk Management Strategies of Japanese Companies in China will be useful to students and scholars of Asian politics, business and economics as well as international political economy.

Table of Contents

1. Introduction

2.Cold Politics, Hot Economics

3. Multinational Firms and Political Crisis

4. Exit: Managing Crisis by Finding the Door

5. Voice: Diplomacy from the Private Sector

6. Loyalty without Solidarity

7. Conclusion

About the Author

Kristin Vekasi is an Assistant Professor in the Department of Political Science and School of Policy and International Affairs at the University of Maine, USA. She holds a PhD in political science from the University of Wisconsin, Madison.

About the Series

Politics in Asia

Politics in Asia
Politics in Asia has long been established as a source of distinctive and authoritative studies on the political life of Asia. The series covers a broad range of countries and aspects of politics, and includes volumes from some of the leading scholars working in the field.

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Subject Categories

BISAC Subject Codes/Headings:
POLITICAL SCIENCE / International Relations / General
SOCIAL SCIENCE / Ethnic Studies / Asian American Studies