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We show that industrial ownership structures, such as keiretsu groupings in Japan, may significantly impact firms …
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This Article describes the Canadian Keiretsu, in which a main Chartered Bank dominates an interlocking group of clients, investment dealers, trust companies, and professional advisors. The keiretsu facilitates information-sharing and monitoring strategies amongst group members, and also reduces...
Persistent link: https://www.econbiz.de/10014224570
This paper examines the effect of Japanese corporate groupings, keiretsu, on the informativeness of earnings. Keiretsu firms maintain close financial and personal ties through cross-shareholding, credit holding, interlocking corporate directorates, and various business transactions. We propose...
Persistent link: https://www.econbiz.de/10014253958
This paper investigates the effect of horizontal corporate group (keiretsu) affiliation on effective tax rates in Japan …
Persistent link: https://www.econbiz.de/10014075258
Central to so many accounts of post-war Japan, the keiretsu corporate groups have never had economic substance … scholars searching for evidence of culture-specific group behavior in Japan. By the 1990s, they had moved into mainstream …
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We show that industrial ownership structures, such as keiretsu groupings in Japan, may significantly impact firms …
Persistent link: https://www.econbiz.de/10013310127