At the early stages of development, a close government-business partnership (here a QIO) and internal markets within a business group can often be advantageous. But as economies mature and are exposed to more complex and uncontrollable factors, including globalization, governments and businesses...

Why do the founding families of many East Asian companies hold on today-to-daymanagement Is there more going on than meets the eye? This paper uncovers the disturbing patterns of unfair internal transactions among subsidiaries to maximize the wealth of controlling families at the expense of...

Why do the founding families of many East Asian companies hold on today-to-daymanagement Is there more going on than meets the eye?This paper uncovers the disturbing patterns of unfair internal transactions among subsidiaries to maximize the wealth of controlling families at the expense of...