Family-friendly Policy and Corporate Performance : A Case from the Japanese Pharmaceutical Industry

Takeuchi, Mamiko; Shin, Hye-jeong; Matsushige, Hisakazu

大阪大学経済学, 2008, 58(3), 62-73

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Identifier to cite or link to this item: https://doi.org/10.18910/23348

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Title
Family-friendly Policy and Corporate Performance : A Case from the Japanese Pharmaceutical Industry
Creator
NRID
1000080737742 1000080737742
CreatorName
Takeuchi, Mamiko
CreatorName
Shin, Hye-jeong
NRID
1000050219424 1000050219424
researchmap permalink
read0076588 read0076588
Scopus Author ID
56455644800 56455644800
CreatorName
Matsushige, Hisakazu
Subject
Family−friendly policy
corporate performance
female employee
Abstract
As their social responsibility, companies are required to create more effective family−friendly working conditions amidst trends such as declining birthrate and rapid increase in aging. However, companies usually manage their operations on the basis of the principle of optimization to maximize profits. Therefore, they are less willing to launch family−friendly initiatives unless such initiatives yiel d profits, even if they are effective in supporting a harmonious balance between employee job performance and domestic life. In response to this situation, recent studies have been approaching family−friendly measures as part of profitable strategies for human resource management, not as part of a corporate welfare program for facilitating employee amenities. This study examined the effect of utilization measures for female employees and family−friendly policies on corporate performance by matching corporate data in the Japanese pharmaceutical industry surveyed in 1995 and data specified in the 1996, 1998 and 2001 editions of the “Corporate Quarterly Report.” As a result of the examination, we discovered that particular job training programs for female employees as part of active utilization measures for female employees led to a positive effect on boosting corporate performance. This suggests that the aggressive utilization of competent female employees is important to companies. In addition, it is conceivable that special commuting systems, such as the flextime system and the staggered working hours system, could potentially reduce corporate productivity. However, it was shown that this negative impact can be smaller when compared with the positive impact of utilization measures for female employees on corporate performance.
Publisher
大阪大学経済学会
The Economic Society of Osaka University
オオサカ　ダイガク　ケイザイ　ガッカイ
Source Title
大阪大学経済学
Osaka Economic Papers
Volume (Issue)
58(3)
Page
62-73
Date of Issued
2008-12
Language
English
Handle URL
https://hdl.handle.net/11094/23348
DOI
https://doi.org/10.18910/23348
PISSN
04734548
NCID
AN00030111
Access Rights
open access
oaire:version
Version of Record
Category
本学関連学会 Related Societies
Osaka Economic Papers / Vol.58 No.3 (2008-12)