This volume grew out of a study group on corporate governance at the Research
Institute of Economy, Trade and Industry (RIETI) in 2002. The project was
motivated by a concern to take stock of the changes underway in corporate
governance in Japan. Our feeling was that the conventional understanding about
the Japanese Wrm was increasingly becoming outdated.
Some time ago, my friends, Messrs. Houghton, Mifflin & Co., requested me to write a small book on Civil
Government in the United States, which might be useful as a text-book, and at the same time serviceable and
suggestive to the general reader interested in American history. In preparing the book certain points have been
kept especially in view, and deserve some mention here.
Natural productions are generally formed by degrees. Vegetables are raised from a tender shoot, and animals
from an infant state. The latter, being active, extend together their operations and their powers, and have a
progress in what they perform, as well as in the faculties they acquire. This progress in the case of man is
continued to a greater extent than in that of any other animal. Not only the individual advances from infancy
to manhood, but the species itself from rudeness to civilization....