Japanese direct investment in the United States increased $100 billion during the late 1980s. By 1992, 400,000 Americans were employed in 2600 companies. This book, the first full-length study of Japan's U.S. business presence, describes the performance of Japanese companies and their approach to managing Americans. With a few exceptions, Japanese investment is unprofitable. Moreover, part of the blame for failure can be attributed to poor management. Sullivan reviews Japanese management practices and shows that, contrary to popular belief, they are rooted in the exercise of power rather...

Paradigms are shifting. The capitalist market model, or "extended order," whose globalization forces support the business methods of multinational corporations, is giving way to the "Global Village" model--one of justice, virtue, stability, and national sovereignty. Sullivan contends that by creating conditions for opposition, globalization may be dooming itself. Here he explains the shifting paradigm and considers its likely impact on corporate conduct.

Companies ignoring the growing chorus of discontent with globalization do so at their peril. But those who adapt to new realities will...