Disaggregating the Group Effect: Vertical and Horizontal Keiretsu in Changing Economic Periods

Disaggregating the Group Effect: Vertical and Horizontal Keiretsu in Changing Economic Periods

This paper examines the evolution of keiretsu group affiliation among members of horizontal and verticalkeiretsu in Japan over two time periods: 1992–1997, and 1997–2002. We found that ties were more stable in the later time period and therefore restricted our empirical analysis to the 1992–1997 per...

Full description

Saved in:
Bibliographic Details
Main Authors: Dow, Sandra, McGuire, Jean, YOSHIKAWA, Toru
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2011
Subjects:
Horizontal keiretsu
Vertical keiretsu
Economic change
Regulatory change
Asian Studies
Strategic Management Policy
Online Access:https://ink.library.smu.edu.sg/lkcsb_research/3131
https://doi.org/10.1007/s10490-009-9160-5
Tags: Add Tag
No Tags, Be the first to tag this record!
Institution: Singapore Management University
Language: English
Description
Summary:This paper examines the evolution of keiretsu group affiliation among members of horizontal and verticalkeiretsu in Japan over two time periods: 1992–1997, and 1997–2002. We found that ties were more stable in the later time period and therefore restricted our empirical analysis to the 1992–1997 period. We also found differences in the response of vertically and horizontally linked groups to economic downturn and capital market change—vertically linked groups weakened their ties while horizontally linked groups showed more stability.

Similar Items