IDEAS home Printed from https://ideas.repec.org/a/pal/jintbs/v34y2003i4p374-388.html
   My bibliography  Save this article

The persistence and implications of Japanese keiretsu organization

Author

Listed:
  • J McGuire

    (John Molson School of Business, Concordia University, Montreal, Canada)

  • S Dow

    (Université du Québec à Montréal, École des sciences de la gestion, Montréal, Canada)

Abstract

This paper examines two important research questions: (1) To what extent have recent economic and regulatory changes influenced the Japanese inter-corporate network? (2) Have the patterns of firm performance fostered by the Japanese inter-corporate system remained stable, or has there been an evolution to more ‘North American’ performance profiles? Using hierarchical regressions to compare patterns of networking and firm performance with data from the periods 1987 to 1991 and 1992 to 1997, we find little evidence to support the existence of significant changes in the patterns and implications of Japanese industrial organization. We conclude that the keiretsu system remained strongly in place throughout the first half of the 1990s. Nevertheless, we suggest that the continued move toward globalization of capital markets in Japan and ongoing regulatory change may potentially impact networking and performance implications in the 21st century. Journal of International Business Studies (2003) 34, 374–388. doi:10.1057/palgrave.jibs.8400038

Suggested Citation

  • J McGuire & S Dow, 2003. "The persistence and implications of Japanese keiretsu organization," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 34(4), pages 374-388, July.
  • Handle: RePEc:pal:jintbs:v:34:y:2003:i:4:p:374-388
    as

    Download full text from publisher

    File URL: http://www.palgrave-journals.com/jibs/journal/v34/n4/pdf/8400038a.pdf
    File Function: Link to full text PDF
    Download Restriction: Access to full text is restricted to subscribers.

    File URL: http://www.palgrave-journals.com/jibs/journal/v34/n4/full/8400038a.html
    File Function: Link to full text HTML
    Download Restriction: Access to full text is restricted to subscribers.

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Brouthers, Lance Eliot & Gao, Yan & Napshin, Stuart, 2014. "Keiretsu centrality — profits and profit stability: A power dependence perspective," Journal of Business Research, Elsevier, vol. 67(12), pages 2603-2610.
    2. Jean McGuire & Sandra Dow, 2009. "Japanese keiretsu: Past, present, future," Asia Pacific Journal of Management, Springer, vol. 26(2), pages 333-351, June.
    3. Rivera-Santos, Miguel & Rufín, Carlos, 2010. "Global village vs. small town: Understanding networks at the Base of the Pyramid," International Business Review, Elsevier, vol. 19(2), pages 126-139, April.
    4. Garry D. Bruton & Chung-Ming Lau, 2008. "Asian Management Research: Status Today and Future Outlook," Journal of Management Studies, Wiley Blackwell, vol. 45(3), pages 636-659, May.
    5. Richard A. Johnson & Karen Schnatterly & Scott G. Johnson & Shih-Chi Chiu, 2010. "Institutional Investors and Institutional Environment: A Comparative Analysis and Review," Journal of Management Studies, Wiley Blackwell, vol. 47(s2), pages 1590-1613, December.
    6. repec:spr:manint:v:46:y:2006:i:5:d:10.1007_s11575-006-0114-6 is not listed on IDEAS
    7. repec:eee:worbus:v:53:y:2018:i:2:p:134-150 is not listed on IDEAS
    8. Sandra Dow & Jean McGuire & Toru Yoshikawa, 2011. "Disaggregating the group effect: Vertical and horizontal keiretsu in changing economic times," Asia Pacific Journal of Management, Springer, vol. 28(2), pages 299-323, June.
    9. Wang, Yue & Tanaka, Akira, 2011. "From hierarchy to hybrid: The evolving nature of inter-firm governance in China's automobile groups," Journal of Business Research, Elsevier, vol. 64(1), pages 74-80, January.
    10. repec:spr:manint:v:46:y:2006:i:1:d:10.1007_s11575-007-0047-8 is not listed on IDEAS

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:jintbs:v:34:y:2003:i:4:p:374-388. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Sonal Shukla) or (Rebekah McClure). General contact details of provider: http://www.palgrave-journals.com/ .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.