Risk Management Strategies of Japanese Companies in China: Political Crisis and Multinational Firms

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Kristin Vekasi

Risk Management Strategies of Japanese Companies in China

Political Crisis and Multinational Firms

Kristin Vekasi

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English

Routledge
30 June 2021

International relations; Political economy; Multinationals

Series: Politics in Asia

In the context of political tensions and rising economic interdependence between Japan and China, this book 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.

By: Kristin Vekasi
Imprint: Routledge
Country of Publication: United Kingdom
Dimensions: Height: 234mm, Width: 156mm,
Weight: 285g
ISBN: 9781032092034
ISBN 10: 1032092033
Series: Politics in Asia
Pages: 196
Publication Date: 30 June 2021
Audience: College/higher education , Primary
Format: Paperback
Publisher's Status: Active

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

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.