Attitudes and Practices of Japanese Companies with Respect to International Commercial Arbitration: Testing Perceptions with Empirical Evidence
Article from: TDM 5 (2011), in Resolving International Business Disputes by ADR in Asia
Summary
Whilst popular opinion and empirical research suggest that arbitration is now the preferred method for corporations involved in cross-border transactions to resolve their commercial disputes, it has been suggested that Japanese companies have not fully embraced international commercial arbitration. Commentators have pointed out that little international arbitration is taking place in Japan and that, evidenced by relatively low caseloads at the Japan Commercial Arbitration Association ("JCAA"), Japanese companies do not fully understand or are not comfortable with using arbitration to ...