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Christina L. Ahmadjian
Hitotsubashi University
SociologyBusinessEconomicsCorporate governanceEconomic system
13Publications
5H-index
353Citations
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Publications 13
Newest
#1Jesper Edman (Hitotsubashi University)H-Index: 4
#2Christina L. Ahmadjian (Hitotsubashi University)H-Index: 5
Abstract We examine the construction of “empty categories” – that is, categories created prior to the existence of producers and consumers – and their implications for industry emergence. Drawing on the case of the ji-biru category among Japanese microbreweries, we exemplify how external actors – including governments, the media, consultants, and other entities – frequently create empty categories that are “legitimate yet not legitimated” (Vergne & Wry, 2014). We show how such empty categories g...
3 CitationsSource
For multinational corporations (MNEs), the ability to navigate institutional complexity is a key to success or failure. MNEs face a complex landscape of national institutional differences in the countries in which they do business, and decisions on how to respond to these differences are very much strategic ones, reflecting agency and management skill. To understand how institutional complexity affects MNE behaviour, it is necessary to examine how institutions vary on a national or societal leve...
30 CitationsSource
#1Christina L. Ahmadjian (Hitotsubashi University)H-Index: 5
2 CitationsSource
#1Christina L. Ahmadjian (Hitotsubashi University)H-Index: 5
#2Joanne E. Oxley (U of T: University of Toronto)H-Index: 17
Drawing on the hostage model of Williamson (1983. "Credible Commitments: Using Hostages to Support Exchange." The American Economic Review 73: 519--540) and recent studies identifying equity affiliation as a robust hostage in the Japanese automotive industry, we examine the relationship between automobile assemblers and their suppliers under different demand conditions. Specifically, we explore the extent to which assemblers buffer their equity-affiliated suppliers from demand fluctuations to a ...
13 CitationsSource
#1Christina L. Ahmadjian (Hitotsubashi University)H-Index: 5
#2Toru Yoshikawa (Singapore Management University)H-Index: 23
This paper combines insights from A Behavioral Theory of the Firm and Neo-Institutional Theory to provide a more comprehensive understanding of how new practices are adopted and transformed. The setting is the spread of the Executive Officer System (EOS) in the Japanese electronics industry. While this system, based on the Anglo-American system of governance, was designed to separate executive and monitoring, in reality, firms that reduced the size of the board only, leaving membership heavily w...
2 CitationsSource
#1Christina L. Ahmadjian (Hitotsubashi University)H-Index: 5
#2Jesper Edman (Hitotsubashi University)H-Index: 4
Source
#1Jesper Edman (Hitotsubashi University)H-Index: 4
#2Christina L. Ahmadjian (Hitotsubashi University)H-Index: 5
This paper explores how “framing from afar,” in other words, the construction of categories by external agents—policy makers, regulators, local governments, consulting firms and other actors—influences the establishment and subsequent evolution of a new industry. We use the case of the Japanese microbrewery industry to demonstrate how initial external category-setters shape the evolution of the industry by influencing the type of producers that enter and what they produce. We show that external ...
Source
#1Christina L. Ahmadjian (Hitotsubashi University)H-Index: 5
#2Jesper Edman (Hitotsubashi University)H-Index: 4
Source
#1Christina L. Ahmadjian (Hitotsubashi University)H-Index: 5
#2Joanne E. Oxley (U of T: University of Toronto)H-Index: 17
We examine the use of partial equity stakes and volume-based dependence balancing in Japanese automotive supply relationships. Building on Williamson's (1983) hostage model, we argue that the robustness of different types of hostage arrangement depends on the value, durability, and observability of the underlying hostages involved. In Japan, strong norms of obligation associated with equity affiliation, along with significant obstacles to equity divestment, make a partial equity stake a robust h...
45 CitationsSource
#1Christina L. Ahmadjian (Hitotsubashi University)H-Index: 5
#2Gregory E. Robbins (Emory University)H-Index: 2
This article examines the clash between stakeholder- and shareholder-based business systems resulting from an increase in foreign portfolio investment in the Japanese economy during the 1990s. An analysis of 1,108 firms between 1991 and 2000 shows that as foreign institutional investors, who were more interested in investment returns than in long-term relationships, replaced domestic shareholders, one fundamental pillar of Japan's stakeholder capitalism began to crack. Japanese firms began to ad...
221 CitationsSource
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