Long‐term Horizon and Financial Management: Japan's Competitive Advantage Over the United States

Howard F. Turetsky (School of Business, Virginia Commonwealth University, USA)
Thomas R. Tudor (School of Business, Virginia Commonwealth University, USA)

Management Research News

ISSN: 0140-9174

Publication date: 1 July 1996

Abstract

The time dimension of a country is a key determinant of the time horizon prevalent in the business sector. The long‐term horizons of Japan compared with the short‐term horizons of the United States are integral parts of their distinct business ideologies. There is a direct impact on their respective financial practices. A comparative analysis of the financial management ideologies, practices and techniques, within the framework of time horizon, offers an explanation of Japan's inordinate economic success in the global market.

Citation

Turetsky, H.F. and Tudor, T.R. (1996), "Long‐term Horizon and Financial Management: Japan's Competitive Advantage Over the United States", Management Research News, Vol. 19 No. 7, pp. 8-22. https://doi.org/10.1108/eb028480

Download as .RIS

Publisher

:

MCB UP Ltd

Copyright © 1996, MCB UP Limited

To read the full version of this content please select one of the options below

You may be able to access this content by logging in via Shibboleth, Open Athens or with your Emerald account.
To rent this content from Deepdyve, please click the button.
If you think you should have access to this content, click the button to contact our support team.