TAKEOVER DEFENCES BY AUSTRALIAN COMPANIES

This paper examines the takeover defences used by Australian companies during contested takeover bids for the period 1970 to 1979 inclusive.     

Effects of diversification of career orientations on management systems in Japan

Until a few years ago, when compared to employees in countries of the Western World, Japanese employees entering an organization tended to have similar values and to stay in that organization rather than switching from one organization to another. That fact, however, has been changing. This article discusses the effects of this diversification of career orientations in young Japanese people. The main focus is on the effects of diversification on employment choice, the individual's decision-making as to which kind of employer to work for, and on the differing perceptions of management systems. © 1993 by John Wiley & Sons, Inc.     

Beyond Fordism? strategic choice and labour relations in Ford UK

New industrial competition has led major automobile manufacturers to re-analyse their approaches to business strategy and industrial relations. This article examines attempts at Ford Motor Co. to adopt its traditional approach to work organisation to its changing business environment.     

Leveraged Acquisitions and the Market for Corporate Control

What is the function of the market for corporate control? Mike Wright and two colleagues outline the advantages of an active market in corporate control and review the consequences of leveraged buyouts.