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The decade long period of slow growth in Japan has raised provocative questions relating to theory development in …, adjustments in inter-organizational relations, and the experience in foreign MNCs in Japan and Japanese MNCs abroad. …
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horizontal, vertical, or conglomerate. Three novel features of CBAs are highlighted. First, horizontal and vertical CBAs are … relatively stable over time. Second, substantial parts of CBAs involve conglomerate acquisitions. Third, the wave-like growth of … CBAs arises primarily from changes in conglomerate activity, which responds to international valuation differences between …
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