@article{oai:nichibun.repo.nii.ac.jp:00000295, author = {GAENS, Bart}, journal = {Nichibunken Japan review : bulletin of the International Research Center for Japanese Studies}, month = {Jan}, note = {The purpose of this article is to review organizational characteristics of Japanese berchant houses during the Tokugawa period(1600-1868), based on an examination of Izumiya-Sumitomo as a family, enterorise, and corporation. In particular I discuss the ideal of ubduvuded inheritance and single succession, the co-existence of managerial delegation and owner-control, and the cluster of autnomous and semi-independent branches tied to the main house by a moral code of allegiance. I further asses these features through an account of the Sumitomo house feudm which occurres in the second half of the eighteenth century. The findings suggest that joit management centering the pursuit of self-interest. The feud fuyther shed new light on the role of ownership, i.e., the function of the household head as nominal ower of the estate. Finally, the conflict can be considered a benchmark in the evolution toward a managerial enterprise with the household head as symbok of authority.}, pages = {205--230}, title = {Family, Enterprise, and Corporation : The Organization of Izumiya-Sumitomo in the Tokugawa Period}, volume = {12}, year = {2000} }