TY - JOUR AB - Economic downturn in Japan has brought about an urgent need for Japanese companies torestructure. Throughout thepostwar period of economic growth corporate Japan has been dominated by organizational structures based on relational ties, which have protected implicit contracts with employees and acted as a barrier to takeovers. The current disintegration oftraditional business networks has brought about restructuring through merger activity, often with foreign firms, resulting in more market‐oriented corporate control structures. The success ofthese mergers will depend on incorporating marketconsiderations, while retaining the advantages of alliance structures. VL - 38 IS - 4 SN - 0025-1747 DO - 10.1108/00251740010326324 UR - https://doi.org/10.1108/00251740010326324 AU - Morrison Janet AU - Floyd David PY - 2000 Y1 - 2000/01/01 TI - Merger activity: solutions to Japan’s economic downturn? T2 - Management Decision PB - MCB UP Ltd SP - 263 EP - 272 Y2 - 2024/03/28 ER -