Publications - MPIfG

Pressures and Responses. In: Wolfgang Streeck, Kozo
Yamamura (eds.), The End of Diversity? Prospects for German
and Japanese Capitalism. Ithaca/NY: Cornell University Press,
2003
Gregory Jackson
Organizing the Firm: Corporate Governance in Germany and
Japan, 1870–2000. Ph.D. Dissertation. New York: Columbia
University, Department of Sociology, 2001
Gregory Jackson
The Origins of Nonliberal Corporate Governance in Germany
and Japan. In: Wolfgang Streeck, Kozo Yamamura
(eds.), The Origins of Nonliberal Capitalism: Germany and
Japan in Comparison. Ithaca, NY: Cornell University Press,
2001, 121–170
The Impact of Internationalization on the
Distribution of Net Value Added of Companies
Anke Hassel and Jürgen Beyer
Recent literature points to the existence of a variety of institutionally
embedded types of capitalism. The non-liberal
German type of capitalism tends to place less emphasis on
shareholder interests. While Anglo-American management is
forced by the market for corporate control to maximize the
returns on capital, German firms have a wider range of
options and typically distribute a higher share of the net surplus
to other stakeholders. Capitalist diversity is expected to
come under pressure due to the internationalization of companies
as competition intensifies and shareholders’ expectations
about the return on their investments converge. The aim
of this project is to determine whether the distribution of net
value added in large German firms has changed in recent
years in favor of shareholders or other stakeholder groups,
and whether these changes can be related to internationalization.
Several measures of internationalization are used, focusing
on the development of the 100 largest German companies
between 1986 and 1996. The project is funded by the
Deutsche Forschungsgemeinschaft. Project duration: January
2000 to June 2001.
Jürgen Beyer (ed.)
Vom Zukunfts- zum Auslaufmodell? Die deutsche Wirtschaftsordnung
im Wandel. Wiesbaden: Westdeutscher Verlag (forthcoming
2003)
Jürgen Beyer, Anke Hassel
Die Folgen von Konvergenz: Der Einfluss der Internationalisierung
auf die Verteilung der Wertschöpfung. In: Jürgen
Beyer (ed.), Vom Zukunfts- zum Auslaufmodell? Die deutsche
Wirtschaftsordnung im Wandel. Wiesbaden: Westdeutscher
Verlag (forthcoming 2003)
Jürgen Beyer, Anke Hassel
The Effects of Convergence: Internationalisation and the
Changing Distribution of Net Value Added in Large German
Firms. In: Economy and Society, Vol. 31, No. 3, 309–332 (2002)
Jürgen Beyer
“One best way” oder Varietät? Strategien und Organisationsstrukturen
von Großunternehmen im Prozess der Internationalisierung.
In: Soziale Welt, Vol. 52, No. 1, 7–28 (2001)
Jürgen Beyer
“One best way” oder Varietät? Strategischer und organisatorischer
Wandel von Großunternehmen im Prozess der Internationalisierung.
MPIfG Discussion Paper 01/2. Cologne: Max
Planck Institute for the Study of Societies, 2001, 33 pp.
Jürgen Beyer, Anke Hassel
The Effects of Convergence: Internationalisation and the
Changing Distribution of Net Value Added in Large German
Firms. MPIfG Discussion Paper 01/7. Cologne: Max Planck
Institute for the Study of Societies, 2001, 29 pp.
Varieties of Welfare Capitalism in Europe,
North America, and Japan
Bernhard Ebbinghaus and Philip Manow
Project Areas and Research Projects
Philip Manow Bernhard Ebbinghaus
This conference project brought together an international
interdisciplinary group of researchers to discuss the interrelations
between the welfare state and its political economy. Extending
the “varieties of capitalism” perspective by taking into
account variations in welfare state structures and their impact
on the different forms of contemporary capitalism, the project
focused on co-variations between different welfare state
regimes and particular aspects of the national political economy,
especially in the area of labor relations, production and
employment regimes, and financial systems. The conference
held at the MPIfG in Cologne in June 1998 compared European
welfare capitalisms and contrasted them with Anglo-
American “uncoordinated” and Japanese “coordinated” capitalism.
The results, published in the edited volume “Comparing
Welfare Capitalism,” bridge these often unrelated research
areas and concerns in an interdisciplinary perspective.
Project duration: June 1998 to May 2000.
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