Additionally, the lack of managerial labour market in Japan is also the other
differences among governance system. Japanese human resource management is
characterised by ranking hierarchy. Their promotion will be considered from the
satisfactory criteria, which will be monitored by their supervisor. Japanese workers
expect to stay in the company until their retirement. Commitment in Japanese
corporate system can be seen as a very important term because it fit with their
corporate system in the term of Keiratsu.