The Duality of Money and People

DOI

Bibliographic Information

Other Title
  • カネの結合体とヒトの結合体の二面性

Abstract

<p>The real reason behind the recent emphasis on human capital discussions in Japan seems to be the society’s concern about a strong orientation for stockholders’ interests among large Japanese companies.<br>These large Japanese firms have been increasing dividend payments to stockholders on a considerable scale and have relatively neglected wage payments to employees. Furthermore, the firms have been suppressing capital investment for a long time. This could lead to no meaningful growth perspective for Japanese firms.<br>We have to pay serious attention to the duality of money and people as the essential elements of the composition of the firm as an economic organization.</p>

Journal

  • Organizational Science

    Organizational Science 57 (1), 4-17, 2023-09-20

    The Academic Association for Organizational Science

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