Abstract
In December 1990, Matsushita Electric Industrial Company, Ltd. (MEI), the largest consumer electronics manufacturer in the world, offered $6 billion for the purchase of MCA Corporation, one of the US’s leading producers of entertainment. Not only was it the largest acquisition ever proposed by MEI (and the largest purchase of a US company by a Japanese company to date), but it was also a bold manoeuvre for a company that had almost become synonymous with predictability and conservatism. MEI’s reputation belied its impressive performance: Fortune magazine ranked MEI the 12th largest company in the world by sales in 1989.
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© 1999 Palgrave Macmillan, a division of Macmillan Publishers Limited
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Turpin, D., Shen, X. (1999). From Internal Management Excellence to International Business Competencies. In: Turpin, D., Shen, X. (eds) Casebook on General Management in Asia Pacific. Palgrave, London. https://doi.org/10.1007/978-1-349-27474-1_10
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DOI: https://doi.org/10.1007/978-1-349-27474-1_10
Publisher Name: Palgrave, London
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