. In particular, the Japanese collectivist culture, keiretsu system, and corporate governance structure have all …

-pattern” model, and explaining the singular business conglomerates system, Keiretsu, and the global commercialization companies, Sogo …

Our study investigates the effect of Japanese keiretsu group membership on firm risk and return. Like prior studies …, our results show that keiretsu membership has a negative effect on firm profitability. In contrast to prior studies …, however, we find that most of our risk measures are positively associated with keiretsu membership; this indicates that …

talk currently of breakdown in keiretsu networks. This paper examines some recent developments in Japanese parts supply … keiretsu. We argue that keiretsu relationships are drifting from “hybrid†or “network†(i.e., keiretsu) governance modes … purchase - supply relationships can be traced to changes in the nature of parts transactions and keiretsu governance structures …

, substituting for it the use of very large horizontal and vertical cooperatives, known as keiretsu. These keiretsu were thought to … Ramseyer's book (2006) sets out a detailed case against all of these claims. While the argument about the role of the keiretsu …

parts exports from Japan than it is for the other major auto producing countries. Japanese auto parts suppliers, unlike … parts exports from Japan. …