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Whither the Keiretsu, Japan's Business Networks? How Were They Structured? What Did They Do? Why Are They Gone?

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  • Lincoln, James R.
  • Shimotani, Masahiro

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  • Lincoln, James R. & Shimotani, Masahiro, 2009. "Whither the Keiretsu, Japan's Business Networks? How Were They Structured? What Did They Do? Why Are They Gone?," Institute for Research on Labor and Employment, Working Paper Series qt00m7d34g, Institute of Industrial Relations, UC Berkeley.
    • Handle: RePEc:cdl:indrel:qt00m7d34g
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    1. Berglof, Erik & Perotti, Enrico, 1994. "The governance structure of the Japanese financial keiretsu," Journal of Financial Economics, Elsevier, vol. 36(2), pages 259-284, October.
    2. Tarun Khanna & Jan W. Rivkin, 2001. "Estimating the performance effects of business groups in emerging markets," Strategic Management Journal, Wiley Blackwell, vol. 22(1), pages 45-74, January.
    3. Miwa, Yoshiro & Ramseyer, J. Mark, 2006. "The Fable of the Keiretsu," University of Chicago Press Economics Books, University of Chicago Press, number 9780226532707, September.
    4. Marianne Bertrand & Paras Mehta & Sendhil Mullainathan, 2002. "Ferreting out Tunneling: An Application to Indian Business Groups," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 117(1), pages 121-148.
    5. Kaplan, Steven N. & Minton, Bernadette A., 1994. "Appointments of outsiders to Japanese boards: Determinants and implications for managers," Journal of Financial Economics, Elsevier, vol. 36(2), pages 225-258, October.
    6. Gao,Bai, 2001. "Japan's Economic Dilemma," Cambridge Books, Cambridge University Press, number 9780521790253.
    7. Miyajima Hideaki, 1994. "The Transformation of Zaibatsu to Postwar Corporate Groups--From Hierarchically Integrated Groups to Horizontally Integrated Groups," Journal of the Japanese and International Economies, Elsevier, vol. 8(3), pages 293-328, September.
    8. Jeffrey H. Dyer, 1996. "Does Governance Matter? Keiretsu Alliances and Asset Specificity as Sources of Japanese Competitive Advantage," Organization Science, INFORMS, vol. 7(6), pages 649-666, December.
    9. Branstetter, Lee, 2000. "Vertical Keiretsu and Knowledge Spillovers in Japanese Manufacturing: An Empirical Assessment," Journal of the Japanese and International Economies, Elsevier, vol. 14(2), pages 73-104, June.
    10. Weinstein, David E & Yafeh, Yishay, 1995. "Japan's Corporate Groups: Collusion or Competitive? An Empirical Investigation of Keiretsu Behavior," Journal of Industrial Economics, Wiley Blackwell, vol. 43(4), pages 359-376, December.
    11. Asanuma, Banri, 1989. "Manufacturer-supplier relationships in Japan and the concept of relation-specific skill," Journal of the Japanese and International Economies, Elsevier, vol. 3(1), pages 1-30, March.
    12. Lincoln, James R. & Guillot, Didier, 2003. "Dyad and Network: Models of Manufacturer-Supplier Collaboration in the Japanese TV Manufacturing Industry," Institute for Research on Labor and Employment, Working Paper Series qt7c4118wf, Institute of Industrial Relations, UC Berkeley.
    13. Kiyohiko Ito, 1995. "Japanese spinoffs: Unexplored survival strategies," Strategic Management Journal, Wiley Blackwell, vol. 16(6), pages 431-446.
    14. Asanuma, Banri & Kikutani, Tatsuya, 1992. "Risk absorption in Japanese subcontracting: A microeconometric study of the automobile industry," Journal of the Japanese and International Economies, Elsevier, vol. 6(1), pages 1-29, March.
    15. Goto, Akira, 1982. "Business groups in a market economy," European Economic Review, Elsevier, vol. 19(1), pages 53-70.
    16. Christina L. Ahmadjian & James R. Lincoln, 2001. "Keiretsu, Governance, and Learning: Case Studies in Change from the Japanese Automotive Industry," Organization Science, INFORMS, vol. 12(6), pages 683-701, December.
    17. Sheard, Paul, 1989. "The main bank system and corporate monitoring and control in Japan," Journal of Economic Behavior & Organization, Elsevier, vol. 11(3), pages 399-422, May.
    18. Gao,Bai, 2001. "Japan's Economic Dilemma," Cambridge Books, Cambridge University Press, number 9780521793735.
    19. Randall Morck & Masao Nakamura, 1999. "Banks and Corporate Control in Japan," Journal of Finance, American Finance Association, vol. 54(1), pages 319-339, February.
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    Cited by:

    1. Jean-Pascal Bassino & Pablo Jensen & Matteo Morini, 2017. "Network analysis of Japanese global business using quasi-exhaustive micro-data for Japanese overseas subsidiaries," Papers 1707.05699, arXiv.org.
    2. Hsin-Yi Yu & Brian G. M. Main, 2012. "Political Intervention, Corporate Governance and Firm Performance: An Empirical Investigation in Japan and Taiwan," Accounting and Finance Research, Sciedu Press, vol. 1(1), pages 134-134, May.
    3. Choi, Jongmoo Jay & Hiraki, Takato & Landi, James A., 2014. "The value of multinationality and business group for Japanese firms," Journal of Corporate Finance, Elsevier, vol. 29(C), pages 88-110.
    4. Marie-Ann Betschinger, 2015. "Do banks matter for the risk of a firm's investment portfolio? Evidence from foreign direct investment programs," Strategic Management Journal, Wiley Blackwell, vol. 36(8), pages 1264-1276, August.
    5. Randall Morck & Masao Nakamura, 2018. "Japan's Ultimately Unaccursed Natural Resources-financed Industrialization," NBER Chapters, in: Corporate Governance (NBER-TCER-CEPR Conference), National Bureau of Economic Research, Inc.
    6. Storz, Cornelia & Riboldazzi, Federico & John, Moritz, 2015. "Mobility and innovation: A cross-country comparison in the video games industry," Research Policy, Elsevier, vol. 44(1), pages 121-137.
    7. Peter J. Buckley & Adam R. Cross & Sierk A. Horn, 2012. "Japanese foreign direct investment in India: An institutional theory approach," Business History, Taylor & Francis Journals, vol. 54(5), pages 657-688, November.
    8. Hatani, Faith & McGaughey, Sara L., 2013. "Network cohesion in global expansion: An evolutionary view," Journal of World Business, Elsevier, vol. 48(4), pages 455-465.

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