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

• 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
• Institution: Singapore Management University

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...