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U.S. experts urge Japan to embrace transition to postindustrial economy
Japan has witnessed an increasing number of corporate mergers and acquisitions in recent years, including some high-profile hostile takeover bids. But will they lead to the emergence of an active market for corporate control similar to those in the United States and Europe?
Professors from U.S. business schools who took part in the July 14 Keizai Koho Center symposium said M&A activities in Japan will certainly increase to a far greater extent than in the past -- though probably not to the same degree as in the U.S. -- given the change in business environment here since the 1990s.