Douthett, Edward B.; Jung, Kooyul - 2023
This paper examines the effect of Japanese corporate groupings, keiretsu, on the informativeness of earnings. Keiretsu … directorates, and various business transactions. We propose that the strong interrelations of the keiretsu ownership structure … keiretsu firms have higher earnings response coefficients than those of non-keiretsu firms, the earnings response coefficient …