0a. For "Managers" and "Workers," see Main Functions within a Firm, and Managerial Resources for Business Management; Stock and Flow.

0b. For "Business Partners," see Member firms of Six Horizontal Keiretsu and Vertical Keiretsu.

0c. For "Banks," see "Intra-group Financing" in Finance and Accounting/Auditing .

0d. For "Shareholders," see "Cross-shareholding" in Finance and Accounting/Auditing .

0e. For "Consumers" in Marketing/Distribution, see Marketing/Distribution.

1. For whom do the firms exist? [Asked the managers: Jpn:68, U.S.:82, U.K.: 78, Germany:110, France: 50] [1992]

NationFor all the interested parties (%)For the shareholders (%)
Japan:97.12.9
Germany:82.717.3
France:7822
U.S.24.475.6
U.K.29.570.5
2. Who are the shareholders? [%; 1990]
NationIndividuals/ConsumersPension FundsFinancial InstitutionsCorporationsForeignersOthers
Japan:23 412547
Germany:17 2242145
France:34 2321202
U.S.54276-76
U.K.2031303124


3. How many directors on the board? [(): Number of directors from outside the firm; 1994]
JapanU.S.A.U.K.
Toyota60 (1)Ford15 (10)Glaxo16 (7)
Hitachi36 (3)IBM14 (11)Hanson19 (8)
Hitachi36 (3)IBM14 (11)Hanson19 (8)
Sony41 (6)Texaco13 (11)Britishi Airways10 (6)
4. For "Auditors/Auditing," see Mgmt Style by Function: Finance and Accounting/Auditing.