This book analyses business groups such as the Japanese keiretsu or Korean chaebol, their role in different business systems and their impact on business performance, management, and the wider society. It provides valuable historical detail, raises questions for conventional theories of the firm, offers insights into the resilient international competitiveness of Japanese companies and into the varying institutional characteristics of different business systems and cultures.
List of Contributors List of Figures List of Tables Introduction,Masahiro Shimotani and Takao Shiba 1. The History and Structure of Business Groups in Japan,Masahiro Shimotani Part I: The Corporate Complex 2. Diversification Process and the Ownership Structure of Samsung Chaebol,Chul-Kyu Kang 3. From Zaibatsu to Corporate Complexes,Kunio Suzuki 4. Structure and Strategy of Belgian Business Groups (1920-1990),Ginette Kurgan-Van Hentenryk Part II: The Corporate Group 5. Growth via Politics: Business Groups Italian-Style,Franco Amatori 6. Business Groups in the German Electrical Industry,Wilfried Feldenkirchen 7. A Path to the Corporate Group in Japan: Mitsubishi Heavy Industries and its Group Formation,Takao Shiba Part III: Assembler-Supplier Relations 8. 'Japanese-Style' Supplier Relationships in the American Auto Industry, 1895-1920,Susan Helper and David Hochfelder 9. The Subcontracting System and Business Groups: The Case of the Japanese Automotive Industry,Hirofumi Ueda Part IV: Japanese Business Groups 10. The Organizational Logic of Business Groups: Evidence from the Zaibatsu,Michael L. Gerlach 11. Learning to Work Together: Adaptation and the Japanese Firm,W. Mark Fruin Afterword,Masahiro Shimotani and Takao Shiba Index