University of Pittsburgh
Shashi: the Journal of Japanese Business and Company HistoryNot a member yet
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The Wealth of Zaibatsu Owner Families: The Impact of Zaibatsu Busting in Occupied Japan
Contrary to widely accepted views, the former zaibatsu owner families, despite the drastic reduction in their enormous wealth, emerged from the U.S. Occupation with relatively sizable assets. The Holding Company Liquidation Commission, the Japanese agency that at the direction of Occupation Headquarters (GHQ) seized stocks that the zaibatsu families had held either directly or through their holding companies, worked to protect the families, especially by convincing GHQ to switch compensation from nonnegotiable bonds to cash. Furthermore, in the sale of stocks, the policy of giving purchase priority to zaibatsu company employees appears to have made it possible in some cases for the families to buy back shares and regain control over their former enterprises after 1952. As it turned out, the confiscatory measure was not so much the appropriation of the families’ assets under the GHQ-mandated dissolution of the combines as it was the Japanese government’s own punitive capital levy
Timon Screech. The Shogun’s Silver Telescope: God, Art and Money in the English Quest for Japan. Oxford: Oxford University Press, 2020. 336 pp. ISBN 978-0198832034
Abstracts of the Shashi Group Sponsored AAS Panels from 2011 to 2016
The Japanese Company Histories Interest Group (Shashi Group) consecutively organized and sponsored workshop and panels at annual conferences of the Association of Asian Studies (AAS) from 2011 to 2016. One of the primary purposes of this journal was publishing papers presented at the panels. Unfortunately, a variety of circumstances prevented the publication of many of these papers. Therefore, we have compiled the abstracts of panels and papers and any relevant information about subsequent publication here for the record