Bloomberg Businessweek

The Curse Of Zombie Inc.

• Companies that refuse to die are cropping up beyond Japan, where they’re still a problem

• “Politically it’s impossible to take away support from the little guys”

Not one of the almost 4,000 publicly traded companies in Japan filed for bankruptcy protection in the fiscal year that ended in March. Shinzo Abe has touted the decline in business failures as proof the country’s economy is reviving. But where the prime minister sees signs of life, dubious critics see zombies—that is, failing companies that keep staggering along

You're reading a preview, sign up to read more.

More from Bloomberg Businessweek

Bloomberg Businessweek2 min read
Slack Is Gossipy Email With Push Notifications
Like the open-plan office, Slack has become a controversial fixture of white-collar work. The company behind this workplace instant messaging software, Slack Technologies Inc., is preparing to make its stock available for the first time on exchanges
Bloomberg Businessweek6 min read
India Is Running Out of Time
The world’s largest democracy faces huge pressures from its expectant but underserved youth
Bloomberg Businessweek3 min read
Electric Cars Are Quiet. Too Quiet
By their nature, electric vehicles are quiet—and that’s a problem. If pedestrians, especially the visually impaired, can’t hear a car approaching, they don’t know to step out of its way. New federal safety regulations requiring all 2020 EV and hybrid