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Research Projects

Research is generally initiated and carried out by core faculty, typically on an individual basis but at times also with colleagues. CJEB may provide financial and administrative support as needed.

However, CJEB has also funded research by Shinichi Kato and Andrew Shin, CBS '12 and former Japan Business Association members, who examined the response of Lawson, the convenience store chain, to the 3/11 triple disaster. Shinichi and Andy have just completed the initial report toward the development of a case study on the topic, which focuses on crisis management and response: "'Happiness and Harmony in Our Community': Lawson's Response to the Tohoku Earthquake."

CJEB is also actively supporting a number of major research projects by David Weinstein, Carl S. Shoup Professor of the Japanese Economy and Associate Director for Research of CJEB (see tab above), and other affiliates of the Center and Columbia Business School. CJEB places high priority on promoting research related to Japanese economy and business. Typically, faculty members associated with the Center obtain funding from a range of grants that each raises individually, and CJEB contributes additional support, both financial and administrative.

Gerald L. Curtis regularly publishes columns in both Japanese and English newspapers, is a frequent guest commentator on Sunday morning news programs on Japanese television, and is widely quoted by international media outlets on issues relating to Japanese politics and United States foreign policy. Professor Curtis is currently pursuing two major research and writing projects. One is a comprehensive overview of Japan's political system. The other involves the response of the U.S.-Japan alliance to China's emergence as a great power and to the dramatic changes taking place in the international order in East Asia.

Merit E. Janow's research on financial regulatory reform as well as international trade and investment has continued to be in high demand. In 2011-2012 she has spoken to corporate, academic, and policy audiences in the United States, Japan, Europe, and the People's Republic of China on topics including financial regulatory reform in the United States, developments in international trade and investment, comparing Chinese and Japanese industrial policies, and corporate governance issues. She is continuing a research project on China that focuses on sources of tension and opportunity in China's external economic relations.

Alicia Ogawa performs private consulting work on Japan's politics and economy and teaches at Columbia University's School of International and Public Affairs. In 2012 she also ran a project for the Maureen and Mike Mansfield Foundation in which she served as the senior advisor to a group of 10 young Japan specialists from different fields tasked with compiling "A Vision for the Future of U.S.-Japan Relations" and identifying the actions necessary to enact this vision. Professor Ogawa's public speaking has continued to be in high demand. In 2011-2012, she gave presentations at the U.S.-Japan Business Council meeting in New York City, the Daiwa Securities' Investors Conference, the Mitsubishi UFJ General Managers' meeting, and a seminar for Itochu USA employees. Her research on Japan's mortgage market (a topic she covered for the May 21, 2012, CJEB conference in Tokyo) will be submitted at upcoming conferences. Professor Ogawa also continues to work closely with CJEB Visiting Fellows by assisting them with their research and seminar presentations, including a recent project involving the money laundering prevention policy in Japan and the United States.

Curtis J. Milhaupt's article "We are the National Champions: Understanding the Mechanisms of State Capitalism in China" (forthcoming in the Stanford Law Review) was profiled in The Wall Street Journal and cited in two issues of The Economist. He testified before the Congressional U.S.-China Economic and Security Review Commission on the basis of the research for the article. Professor Milhaupt also wrote a working paper entitled "Executive Compensation's Parallel Universe: Evidence from Japan." He presented the paper at Harvard University's Reischauer Institute of Japanese Studies. Over the past years, Professor Milhaupt has lectured on corporate governance and topics related to the financial crisis in Sao Paulo, Amsterdam, Seoul, and Beijing.

CJEB is committed to supporting the Japan-related research for faculty across the Business School and the University. In 2011-2012, CJEB supported the research of Kay Shimizu, assistant professor of political science at Columbia University, who has been conducting studies on Japan's regional finance and centrallocal fiscal relations. Her current book manuscript, titled "Private Money as Public Funds," addresses Japan's political struggles to adjust to a postindustrial economy.

In 2009-2010, CJEB also provided research funding for three Business School professors: Michael Morris, Chavkin-Chang Professor of Leadership; Tim Baldenius, Roy Bernard Kester and T. W. Byrnes Professor of Accounting and Auditing and Chair of Accounting Division; and Wouter Dessein, Eli Ginzberg Professor of Finance and Economics.