By Makiko Yamada (auth.)
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Extra info for Japan’s Top Management from the Inside
In an interview in the San Francisco Examiner, Crystal said that A Japanese top executive makes approximately 20-25 times the pay of an average worker of that company. , 24 October 1994. © 1994, St Louis Post-Dispatch, Inc. times. In England, it is 40 times or so. But in the US, it's 160 times. 2. While the wages of Japanese and some European workers appear to be high, this often reflects a higher cost of living. For example, if the index of living costs in Tokyo in 1995 was 100, in New York it was 66, London 79 and Singapore 80.
The second most popular was economics, which was taken by 27, including 12 at the University of Tokyo. Seventeen of those who graduated from the University of Tokyo had studied engineering, and in total 23 of the interviewees were engineering graduates. Slightly more graduated in commerce than in agricultural science. That some chose to study agriculture is probably explained by the importance of agricultural science just after the Second World War, when food production was vital to the survival of the Japanese people and agricultural products such as silk still played an important role in the Japanese economy.
This enabled the project manager and his subordinates at corporate headquarters to concoct fictitious transactions or higher purchase prices in order to accumulate money. This money could then be used for business entertainment or gifts that could not be claimed as expenses from the corporate accounting office. Yoshino took this authority away from project managers, but then he and his subordinates began to play the same game but on a bigger scale, channelling money from bogus transactions into dubious 'donations'.
Japan’s Top Management from the Inside by Makiko Yamada (auth.)