메뉴 건너뛰기




Volumn 26, Issue 2, 2009, Pages 333-351

Japanese keiretsu: Past, present, future

Author keywords

Business groups; Corporate governance; Japan; Keiretsu

Indexed keywords


EID: 62149114129     PISSN: 02174561     EISSN: 15729958     Source Type: Journal    
DOI: 10.1007/s10490-008-9104-5     Document Type: Article
Times cited : (77)

References (95)
  • 3
    • 0035624475 scopus 로고    scopus 로고
    • Keiretsu, governance, and learning: Case studies in change from the Japanese automobile industry
    • 6
    • C. Ahmadjian J. Lincoln 2001 Keiretsu, governance, and learning: case studies in change from the Japanese automobile industry Organization Science 12 6 683 701
    • (2001) Organization Science , vol.12 , pp. 683-701
    • Ahmadjian, C.1    Lincoln, J.2
  • 4
    • 23944482741 scopus 로고    scopus 로고
    • A clash of capitalisms: Foreign shareholders and corporate restructuring in 1990s Japan
    • 3
    • C. Ahmadjian G. Robbins 2005 A clash of capitalisms: Foreign shareholders and corporate restructuring in 1990s Japan American Sociological Review 70 3 451 471
    • (2005) American Sociological Review , vol.70 , pp. 451-471
    • Ahmadjian, C.1    Robbins, G.2
  • 5
    • 0003135050 scopus 로고
    • Toward an economic model of the Japanese firm
    • M. Aoki 1990 Toward an economic model of the Japanese firm Journal of Economic Literature 8 1 27
    • (1990) Journal of Economic Literature , vol.8 , pp. 1-27
    • Aoki, M.1
  • 6
    • 0003045894 scopus 로고
    • The Japanese firm as a system of attributes: A survey and research agenda
    • Oxford University Press Oxford
    • Aoki, M. 1994. The Japanese firm as a system of attributes: A survey and research agenda. In M. Aoki & M. Dore (Eds.). The Japanese firm: Sources of competitive strength: 11-40. Oxford: Oxford University Press.
    • (1994) The Japanese Firm: Sources of Competitive Strength , pp. 11-40
    • Aoki, M.1    Aoki, M.2    Dore, M.3
  • 8
    • 0030542558 scopus 로고    scopus 로고
    • Vertical keiretsu and international market entry: Tthe case of the Japanese automobile ancillary industry
    • 1
    • K. Banerji R. Sambharya 1996 Vertical keiretsu and international market entry: Tthe case of the Japanese automobile ancillary industry Journal of International Business Studies 27 1 89 113
    • (1996) Journal of International Business Studies , vol.27 , pp. 89-113
    • Banerji, K.1    Sambharya, R.2
  • 9
    • 0036091092 scopus 로고    scopus 로고
    • Industry growth and capital allocation: Does having a market- or bank-based system matter?
    • 2
    • T. Beck R. Levine 2002 Industry growth and capital allocation: Does having a market- or bank-based system matter? Journal of Financial Economics 64 2 147 180
    • (2002) Journal of Financial Economics , vol.64 , pp. 147-180
    • Beck, T.1    Levine, R.2
  • 10
    • 0000387367 scopus 로고
    • The governance structure of the Japanese financial keiretsu
    • 2
    • E. Berglof E. Perotti 1994 The governance structure of the Japanese financial keiretsu Journal of Financial Economics 36 2 259 285
    • (1994) Journal of Financial Economics , vol.36 , pp. 259-285
    • Berglof, E.1    Perotti, E.2
  • 11
    • 20944449805 scopus 로고    scopus 로고
    • Ownership structure and firm profitability in the Japanese keiretsu
    • 3
    • D. Bernotas 2005 Ownership structure and firm profitability in the Japanese keiretsu Journal of Asian Economics 16 3 533 554
    • (2005) Journal of Asian Economics , vol.16 , pp. 533-554
    • Bernotas, D.1
  • 12
    • 33846459378 scopus 로고    scopus 로고
    • Diversification and performance: Evidence from East Asian firms
    • 2
    • A. Chakrabarti K. Singh I. Mahmood 2007 Diversification and performance: Evidence from East Asian firms Strategic Management Journal 28 2 101 120
    • (2007) Strategic Management Journal , vol.28 , pp. 101-120
    • Chakrabarti, A.1    Singh, K.2    Mahmood, I.3
  • 13
    • 0034339524 scopus 로고    scopus 로고
    • Economic performance of group affiliated companies in Korea: Intra-group resource sharing and internal business transactions
    • 3
    • S. Chang J. Hong 2000 Economic performance of group affiliated companies in Korea: Intra-group resource sharing and internal business transactions Academy of Management Journal 43 3 429 448
    • (2000) Academy of Management Journal , vol.43 , pp. 429-448
    • Chang, S.1    Hong, J.2
  • 14
    • 0036501819 scopus 로고    scopus 로고
    • How much does the business group matter in Korea
    • 3
    • S. Chang J. Hong 2002 How much does the business group matter in Korea Strategic Management Journal 23 3 265 274
    • (2002) Strategic Management Journal , vol.23 , pp. 265-274
    • Chang, S.1    Hong, J.2
  • 15
    • 0035285413 scopus 로고    scopus 로고
    • Institutional ownership, strategic choices and corporate efficiency: Evidence from Japan
    • 2
    • S. Chowdhury J. M. Geringer 2001 Institutional ownership, strategic choices and corporate efficiency: Evidence from Japan Journal of Management Studies 38 2 271 291
    • (2001) Journal of Management Studies , vol.38 , pp. 271-291
    • Chowdhury, S.1    Geringer, J.M.2
  • 16
    • 0040488624 scopus 로고    scopus 로고
    • Visibility versus complexity in business groups: Evidence from Japanese keiretsu
    • 1
    • K. Dewenter W. Novaes R. Pettway 2001 Visibility versus complexity in business groups: Evidence from Japanese keiretsu Journal of Business 74 1 79 100
    • (2001) Journal of Business , vol.74 , pp. 79-100
    • Dewenter, K.1    Novaes, W.2    Pettway, R.3
  • 17
    • 0000953669 scopus 로고
    • The iron cage revisited: Institutional isophomorphism and collective rationality in organizational fields
    • P. DiMaggio W. Powell 1983 The iron cage revisited: Institutional isophomorphism and collective rationality in organizational fields American Sociological Review 48 147 160
    • (1983) American Sociological Review , vol.48 , pp. 147-160
    • Dimaggio, P.1    Powell, W.2
  • 18
    • 4444311784 scopus 로고    scopus 로고
    • Japanese corporate groupings (keiretsu) and the characteristics of analysts' forecasts
    • 2
    • E. Douthett K. Jung W. Kwak 2004 Japanese corporate groupings (keiretsu) and the characteristics of analysts' forecasts Review of Quantitative Finance and Accounting 23 2 79 98
    • (2004) Review of Quantitative Finance and Accounting , vol.23 , pp. 79-98
    • Douthett, E.1    Jung, K.2    Kwak, W.3
  • 19
    • 0030371175 scopus 로고    scopus 로고
    • Does governance matter? Keiretsu alliances and asset specificity as sources of Japanese competitive advantage
    • 6
    • J. Dyer 1996 Does governance matter? Keiretsu alliances and asset specificity as sources of Japanese competitive advantage Organization Science 7 6 649 666
    • (1996) Organization Science , vol.7 , pp. 649-666
    • Dyer, J.1
  • 20
    • 0032348699 scopus 로고    scopus 로고
    • The relational view: Cooperative strategy and sources of interorganizational competitive advantage
    • 4
    • J. Dyer A. Singh 1998 The relational view: Cooperative strategy and sources of interorganizational competitive advantage Academy of Management Review 23 4 660 679
    • (1998) Academy of Management Review , vol.23 , pp. 660-679
    • Dyer, J.1    Singh, A.2
  • 21
    • 0031498185 scopus 로고    scopus 로고
    • Japanese inter-firm networks: Exploring the seminal sources of their success
    • 4
    • C. T. Edwards R. Samimi 1997 Japanese inter-firm networks: Exploring the seminal sources of their success Journal of Management Studies 34 4 489 510
    • (1997) Journal of Management Studies , vol.34 , pp. 489-510
    • Edwards, C.T.1    Samimi, R.2
  • 22
    • 0007073815 scopus 로고
    • The cost of capital in Japan: An update
    • J. Frankel 1991 The cost of capital in Japan: an update Business Economics 26 25 31
    • (1991) Business Economics , vol.26 , pp. 25-31
    • Frankel, J.1
  • 24
  • 25
    • 15544380681 scopus 로고    scopus 로고
    • Ownership structure, investment behaviour and firm performance in Japanese manufacturing industries
    • 1
    • E. Gedajlovic T. Yoshikawa M. Hashimoto 2005 Ownership structure, investment behaviour and firm performance in Japanese manufacturing industries Organization Studies 26 1 7 35
    • (2005) Organization Studies , vol.26 , pp. 7-35
    • Gedajlovic, E.1    Yoshikawa, T.2    Hashimoto, M.3
  • 26
    • 84884103173 scopus 로고
    • The Japanese corporate network: A block model analysis
    • 1
    • M. Gerlach 1992 The Japanese corporate network: A block model analysis Administrative Science Quarterly 37 1 105 139
    • (1992) Administrative Science Quarterly , vol.37 , pp. 105-139
    • Gerlach, M.1
  • 28
    • 17744370855 scopus 로고    scopus 로고
    • The challenge of entrepreneurship in a developed economy: The problematic case of Japan
    • 3
    • M. Helms 2003 The challenge of entrepreneurship in a developed economy: The problematic case of Japan Journal of Developmental Entrepreneurship 8 3 247 264
    • (2003) Journal of Developmental Entrepreneurship , vol.8 , pp. 247-264
    • Helms, M.1
  • 29
    • 0000071595 scopus 로고
    • The economic role of corporate grouping and the main bank system
    • Oxford University Press Oxford
    • Hoshi, T. 1994. The economic role of corporate grouping and the main bank system. In M. Aoki & M. Dore (Eds.). The Japanese firm: Sources of competitive advantage: 285-309. Oxford: Oxford University Press.
    • (1994) The Japanese Firm: Sources of Competitive Advantage , pp. 285-309
    • Hoshi, T.1    Aoki, M.2    Dore, M.3
  • 30
    • 33644787007 scopus 로고    scopus 로고
    • Economics of the living dead
    • 1
    • T. Hoshi 2006 Economics of the living dead Japanese Economic Review 57 1 30 49
    • (2006) Japanese Economic Review , vol.57 , pp. 30-49
    • Hoshi, T.1
  • 32
    • 0002432433 scopus 로고
    • The role of banks in reducing the costs of financial distress in Japan
    • 1
    • T. Hoshi A. Kashyap D. Scharfstein 1990 The role of banks in reducing the costs of financial distress in Japan Journal of Financial Economics 27 1 67 88
    • (1990) Journal of Financial Economics , vol.27 , pp. 67-88
    • Hoshi, T.1    Kashyap, A.2    Scharfstein, D.3
  • 33
    • 0002308919 scopus 로고
    • Corporate structure, liquidity, and investment: Evidence from Japanese industrial groups
    • 1
    • T. Hoshi A. Kashyap D. Scharfstein 1991 Corporate structure, liquidity, and investment: Evidence from Japanese industrial groups The Quarterly Journal of Economics 106 1 33 60
    • (1991) The Quarterly Journal of Economics , vol.106 , pp. 33-60
    • Hoshi, T.1    Kashyap, A.2    Scharfstein, D.3
  • 34
    • 84998075584 scopus 로고    scopus 로고
    • Does the ownership structure of debt and equity affect the agency costs of debt? Japanese evidence
    • 1
    • L. Hwang Y. Kim 1998 Does the ownership structure of debt and equity affect the agency costs of debt? Japanese evidence Journal of Accounting, Auditing, and Finance 13 1 37 67
    • (1998) Journal of Accounting, Auditing, and Finance , vol.13 , pp. 37-67
    • Hwang, L.1    Kim, Y.2
  • 36
    • 33845989843 scopus 로고    scopus 로고
    • Japanese horizontal keiretsu and the performance implications of membership
    • 4
    • T. Isobe S. Makino A. Goerzen 2006 Japanese horizontal keiretsu and the performance implications of membership Asia Pacific Journal of Management 23 4 453 466
    • (2006) Asia Pacific Journal of Management , vol.23 , pp. 453-466
    • Isobe, T.1    Makino, S.2    Goerzen, A.3
  • 37
    • 0010908285 scopus 로고    scopus 로고
    • Stable shareholdings and Japan's bubble economy: An historical overview
    • 11
    • S. Johnston L. [tmp] McAlevey 1998 Stable shareholdings and Japan's bubble economy: An historical overview Strategic Management Journal 19 11 1101 1107
    • (1998) Strategic Management Journal , vol.19 , pp. 1101-1107
    • Johnston, S.1    McAlevey, L.2
  • 38
    • 58149363437 scopus 로고
    • Firm performance, corporate governance, and top executive turnover in Japan
    • J. Kang A. Shivdasani 1995 Firm performance, corporate governance, and top executive turnover in Japan Journal of Financial Economics 38 29 58
    • (1995) Journal of Financial Economics , vol.38 , pp. 29-58
    • Kang, J.1    Shivdasani, A.2
  • 39
    • 0031258980 scopus 로고    scopus 로고
    • Corporate restructuring during performance declines in Japan
    • 1
    • J. Kang A. Shivdasani 1997 Corporate restructuring during performance declines in Japan Journal of Financial Economics 46 1 29 65
    • (1997) Journal of Financial Economics , vol.46 , pp. 29-65
    • Kang, J.1    Shivdasani, A.2
  • 40
    • 43949159746 scopus 로고
    • Appointments of outsiders to Japanese boards: Determinants and implications for managers
    • 2
    • S. Kaplan B. Minton 1994 Appointments of outsiders to Japanese boards: Determinants and implications for managers Journal of Financial Economics 36 2 225 259
    • (1994) Journal of Financial Economics , vol.36 , pp. 225-259
    • Kaplan, S.1    Minton, B.2
  • 41
    • 0034339386 scopus 로고    scopus 로고
    • The future of business groupings in emerging markets: Long-run evidence from Chile
    • 3
    • T. Khanna K. Palepu 2000 The future of business groupings in emerging markets: Long-run evidence from Chile Academy of Management Journal 43 3 268 285
    • (2000) Academy of Management Journal , vol.43 , pp. 268-285
    • Khanna, T.1    Palepu, K.2
  • 42
    • 0000859784 scopus 로고    scopus 로고
    • Is group affiliation profitable in emerging markets? An analysis of diversified Indian business groups
    • 2
    • T. Khanna K. Palepu 2000 Is group affiliation profitable in emerging markets? An analysis of diversified Indian business groups Journal of Finance 55 2 867 891
    • (2000) Journal of Finance , vol.55 , pp. 867-891
    • Khanna, T.1    Palepu, K.2
  • 43
    • 0001937627 scopus 로고    scopus 로고
    • Estimating the performance effects of business groupings in emerging markets
    • 1
    • T. Khanna J. Rivkin 2001 Estimating the performance effects of business groupings in emerging markets Strategic Management Journal 22 1 45 74
    • (2001) Strategic Management Journal , vol.22 , pp. 45-74
    • Khanna, T.1    Rivkin, J.2
  • 44
    • 17644408457 scopus 로고    scopus 로고
    • Business groups and risk sharing around the world
    • 1
    • T. Khanna Y. Yafeh 2005 Business groups and risk sharing around the world The Journal of Business 78 1 301 340
    • (2005) The Journal of Business , vol.78 , pp. 301-340
    • Khanna, T.1    Yafeh, Y.2
  • 45
    • 3042548981 scopus 로고    scopus 로고
    • Power dependence, diversification strategy, and performance in keiretsu member firms
    • 7
    • H. Kim R. Hoskisson W. Wan 2004 Power dependence, diversification strategy, and performance in keiretsu member firms Strategic Management Journal 25 7 613 636
    • (2004) Strategic Management Journal , vol.25 , pp. 613-636
    • Kim, H.1    Hoskisson, R.2    Wan, W.3
  • 46
    • 0003092717 scopus 로고    scopus 로고
    • A test of the two-tier corporate governance structure: The case of Japanese keiretsu
    • 1
    • K. Kim P. Limpaphayom 1998 A test of the two-tier corporate governance structure: the case of Japanese keiretsu The Journal of Financial Research 21 1 37 51
    • (1998) The Journal of Financial Research , vol.21 , pp. 37-51
    • Kim, K.1    Limpaphayom, P.2
  • 48
    • 0000950694 scopus 로고
    • Efficient or exclusionist? the import behavior of Japanese corporate groups
    • Washington, DC
    • Lawrence, R. & Saxonhouse, G. 1991. Efficient or exclusionist? The import behavior of Japanese corporate groups. Brookings Papers on Economic Activity: 311-331. Washington, DC.
    • (1991) Brookings Papers on Economic Activity , pp. 311-331
    • Lawrence, R.1    Saxonhouse, G.2
  • 52
    • 0040426296 scopus 로고    scopus 로고
    • International evidence on the value of corporate diversification
    • 6
    • K. Lins H. Servaes 1999 International evidence on the value of corporate diversification The Journal of Finance 54 6 2215 2239
    • (1999) The Journal of Finance , vol.54 , pp. 2215-2239
    • Lins, K.1    Servaes, H.2
  • 54
    • 20444487324 scopus 로고    scopus 로고
    • Sources of funds and investment activities of venture capital funds: Evidence from Germany, Israel, Japan and the United Kingdom
    • 3
    • C. Mayer K. Schoors Y. Yafeh 2005 Sources of funds and investment activities of venture capital funds: Evidence from Germany, Israel, Japan and the United Kingdom Journal of Corporate Finance 11 3 586 608
    • (2005) Journal of Corporate Finance , vol.11 , pp. 586-608
    • Mayer, C.1    Schoors, K.2    Yafeh, Y.3
  • 55
    • 0038021875 scopus 로고    scopus 로고
    • The Japanese keiretsu system: An empirical analysis
    • 1
    • J. [tmp] McGuire S. Dow 2002 The Japanese keiretsu system: An empirical analysis Journal of Business Research 55 1 33 40
    • (2002) Journal of Business Research , vol.55 , pp. 33-40
    • McGuire, J.1    Dow, S.2
  • 56
    • 0043208937 scopus 로고    scopus 로고
    • The persistence and implications of Japanese keiretsu organization
    • J. [tmp] McGuire S. Dow 2003 The persistence and implications of Japanese keiretsu organization Journal of International Business Studies 34 374 388
    • (2003) Journal of International Business Studies , vol.34 , pp. 374-388
    • McGuire, J.1    Dow, S.2
  • 58
    • 62149133099 scopus 로고    scopus 로고
    • Japan's industrial groupings: Fair weather friends?
    • Philadelphia, PA
    • McGuire, J., & Dow, S. 2007. Japan's industrial groupings: Fair weather friends? Academy of Management Annual Meetings. Philadelphia, PA.
    • (2007) Academy of Management Annual Meetings
    • McGuire, J.1    Dow, S.2
  • 60
    • 18844421410 scopus 로고    scopus 로고
    • Who appoints them and what do they do? Evidence on outside directors from Japan
    • 2
    • Y. Miwa J. Ramseyer 2005 Who appoints them and what do they do? Evidence on outside directors from Japan Journal of Economics and Management Strategy 14 2 299 337
    • (2005) Journal of Economics and Management Strategy , vol.14 , pp. 299-337
    • Miwa, Y.1    Ramseyer, J.2
  • 63
    • 34547947993 scopus 로고    scopus 로고
    • Japan's banking crisis: An event-study perspective
    • 9
    • H. Miyajima Y. Yafeh 2007 Japan's banking crisis: An event-study perspective Journal of Banking & Finance 31 9 2866 2885
    • (2007) Journal of Banking & Finance , vol.31 , pp. 2866-2885
    • Miyajima, H.1    Yafeh, Y.2
  • 64
    • 0041020462 scopus 로고    scopus 로고
    • Banks and corporate control in Japan
    • 1
    • R. Morck M. Nakamura 1999 Banks and corporate control in Japan Journal of Finance 54 1 319 339
    • (1999) Journal of Finance , vol.54 , pp. 319-339
    • Morck, R.1    Nakamura, M.2
  • 65
    • 0011831464 scopus 로고    scopus 로고
    • Banks, ownership structure, and firm value in Japan
    • 4
    • R. Morck M. Nakamura A. Shivdasani 2000 Banks, ownership structure, and firm value in Japan Journal of Business 73 4 539 567
    • (2000) Journal of Business , vol.73 , pp. 539-567
    • Morck, R.1    Nakamura, M.2    Shivdasani, A.3
  • 66
    • 38349138414 scopus 로고    scopus 로고
    • Purifying Japan's banks: Issues and implications
    • 1
    • R. Morck B. Yeung 2006 Purifying Japan's banks: issues and implications Asian Economic Papers 5 1 1 32
    • (2006) Asian Economic Papers , vol.5 , pp. 1-32
    • Morck, R.1    Yeung, B.2
  • 67
    • 0002520230 scopus 로고
    • The economic role of financial corporate grouping
    • North Holland Amsterdam
    • Nakatani, O. 1984. The economic role of financial corporate grouping. In M. Aoki (ed.). The economic analysis of Japanese firms: 227-258. Amsterdam: North Holland.
    • (1984) The Economic Analysis of Japanese Firms , pp. 227-258
    • Nakatani, O.1    Aoki, M.2
  • 68
    • 0001279075 scopus 로고
    • Strategic responses to institutional processes
    • 1
    • C. Oliver 1991 Strategic responses to institutional processes Academy of Management Review 16 1 145 179
    • (1991) Academy of Management Review , vol.16 , pp. 145-179
    • Oliver, C.1
  • 69
    • 84970268741 scopus 로고
    • The antecedents of deinstitutionalization
    • 4
    • C. Oliver 1992 The antecedents of deinstitutionalization Organization Studies 13 4 563 588
    • (1992) Organization Studies , vol.13 , pp. 563-588
    • Oliver, C.1
  • 70
    • 0035641417 scopus 로고    scopus 로고
    • The keiretsu in Asia: Implications for multilevel theories of competitive advantage
    • M. Peng S.-H. Lee J. Tan 2001 The keiretsu in Asia: implications for multilevel theories of competitive advantage Journal of International Management 7 253 276
    • (2001) Journal of International Management , vol.7 , pp. 253-276
    • Peng, M.1    Lee, S.-H.2    Tan, J.3
  • 71
    • 84977724257 scopus 로고
    • The structure of corporate ownership in Japan
    • 3
    • S. Prowse 1992 The structure of corporate ownership in Japan Journal of Finance 47 3 1121 1140
    • (1992) Journal of Finance , vol.47 , pp. 1121-1140
    • Prowse, S.1
  • 72
    • 53349177200 scopus 로고
    • Some differences in corporate structure in Germany, Japan, and the United States
    • 8
    • M. Roe J. Ramseyer R. Romano 1993 Some differences in corporate structure in Germany, Japan, and the United States Yale Law Journal 102 8 1927 1950
    • (1993) Yale Law Journal , vol.102 , pp. 1927-1950
    • Roe, M.1    Ramseyer, J.2    Romano, R.3
  • 74
    • 19744374685 scopus 로고    scopus 로고
    • Legal reform and shareholder activism by institutional investors in Japan
    • 3
    • T. Seki 2005 Legal reform and shareholder activism by institutional investors in Japan Corporate Governance: An International Review 13 3 377 385
    • (2005) Corporate Governance: An International Review , vol.13 , pp. 377-385
    • Seki, T.1
  • 75
    • 13244289947 scopus 로고    scopus 로고
    • Vertical group formation: A social process perspective
    • 6/7
    • M. Shanley M. Peteraf 2004 Vertical group formation: A social process perspective Managerial & Decision Economics 25 6/7 473 488
    • (2004) Managerial & Decision Economics , vol.25 , pp. 473-488
    • Shanley, M.1    Peteraf, M.2
  • 76
    • 0002796718 scopus 로고
    • Interlocking shareholdings and corporate governance in Japan
    • Oxford University Press Oxford
    • Sheard, P. 1994a. Interlocking shareholdings and corporate governance in Japan. In M. Aoki & M. Dore (Eds.). The Japanese firm: The sources of competitive strength: 310-349. Oxford: Oxford University Press.
    • (1994) The Japanese Firm: The Sources of Competitive Strength , pp. 310-349
    • Sheard, P.1    Aoki, M.2    Dore, M.3
  • 77
    • 0013425591 scopus 로고
    • Bank executives on Japanese corporate boards
    • P. Sheard 1994 Bank executives on Japanese corporate boards Monetary and Economic Studies 12 85 121
    • (1994) Monetary and Economic Studies , vol.12 , pp. 85-121
    • Sheard, P.1
  • 78
  • 79
    • 22144454669 scopus 로고    scopus 로고
    • Behavioural biases of Japanese institutional investors: Fund management and corporate governance
    • 4
    • M. Suto M. Toshino 2005 Behavioural biases of Japanese institutional investors: fund management and corporate governance Corporate Governance: An International Review 13 4 466 477
    • (2005) Corporate Governance: An International Review , vol.13 , pp. 466-477
    • Suto, M.1    Toshino, M.2
  • 80
    • 38249004762 scopus 로고
    • R&D spillovers and technology transfer among and within vertical keiretsu groups-evidence from the Japanese electrical machinery industry
    • 4
    • K. Suzuki 1993 R&D spillovers and technology transfer among and within vertical keiretsu groups-evidence from the Japanese electrical machinery industry International Journal of Industrial Organization 11 4 573 592
    • (1993) International Journal of Industrial Organization , vol.11 , pp. 573-592
    • Suzuki, K.1
  • 81
    • 54649083498 scopus 로고    scopus 로고
    • The Kigyo keiretsu organization and opportunism in the Japanese automobile manufacturing industry
    • 1
    • N. Tabeta 1998 The Kigyo keiretsu organization and opportunism in the Japanese automobile manufacturing industry Asia Pacific Journal of Management 15 1 1 18
    • (1998) Asia Pacific Journal of Management , vol.15 , pp. 1-18
    • Tabeta, N.1
  • 82
    • 0007061368 scopus 로고    scopus 로고
    • Risk sharing mechanism in Japan's auto industry: The keiretsu versus independent parts suppliers
    • 3
    • N. Tabeta S. Rahman 1999 Risk sharing mechanism in Japan's auto industry: The keiretsu versus independent parts suppliers Asia Pacific Journal of Management 16 3 311 330
    • (1999) Asia Pacific Journal of Management , vol.16 , pp. 311-330
    • Tabeta, N.1    Rahman, S.2
  • 84
    • 0001104190 scopus 로고    scopus 로고
    • On the costs of a bank-centered financial system: Evidence from the changing main bank relations in Japan
    • D. Weinstein V. Yafeh 1998 On the costs of a bank-centered financial system: Evidence from the changing main bank relations in Japan The Journal of Finance 53 635 672
    • (1998) The Journal of Finance , vol.53 , pp. 635-672
    • Weinstein, D.1    Yafeh, V.2
  • 85
    • 0000763749 scopus 로고
    • Credible commitments: Using hostages to support exchange
    • O. Williamson 1983 Credible commitments: Using hostages to support exchange American Economic Review 73 519 537
    • (1983) American Economic Review , vol.73 , pp. 519-537
    • Williamson, O.1
  • 86
    • 0346961369 scopus 로고    scopus 로고
    • In search of "capital crunch": Supply factors behind the credit slowdown in Japan
    • 6
    • D. Woo 2003 In search of "capital crunch": Supply factors behind the credit slowdown in Japan Journal of Money, Credit, and Banking 35 6 1019 1038
    • (2003) Journal of Money, Credit, and Banking , vol.35 , pp. 1019-1038
    • Woo, D.1
  • 87
    • 17644366866 scopus 로고    scopus 로고
    • The value information of financing decisions and corporate governance during and after the Japanese deregulation
    • 1
    • X. Wu L. Xu 2005 The value information of financing decisions and corporate governance during and after the Japanese deregulation Journal of Business 78 1 243 281
    • (2005) Journal of Business , vol.78 , pp. 243-281
    • Wu, X.1    Xu, L.2
  • 88
    • 0033848412 scopus 로고    scopus 로고
    • Corporate governance in Japan: Past performance and future prospects
    • 2
    • Y. Yafeh 2000 Corporate governance in Japan: Past performance and future prospects Oxford Review of Economic Policy 16 2 74 84
    • (2000) Oxford Review of Economic Policy , vol.16 , pp. 74-84
    • Yafeh, Y.1
  • 89
    • 0037252669 scopus 로고    scopus 로고
    • Large shareholders and banks: Who monitors and how
    • 484
    • Y. Yafeh O. Yosha 2003 Large shareholders and banks: Who monitors and how The Economic Journal 113 484 128 146
    • (2003) The Economic Journal , vol.113 , pp. 128-146
    • Yafeh, Y.1    Yosha, O.2
  • 90
    • 0041809681 scopus 로고    scopus 로고
    • Alternative corporate governance systems in Japanese firms: Implications for a shift to stockholder-centered corporate governance
    • T. Yoshikawa P. Phan 2001 Alternative corporate governance systems in Japanese firms: Implications for a shift to stockholder-centered corporate governance Asia Pacific Journal of Management 18 183 205
    • (2001) Asia Pacific Journal of Management , vol.18 , pp. 183-205
    • Yoshikawa, T.1    Phan, P.2
  • 91
    • 0344513265 scopus 로고    scopus 로고
    • The performance implications of ownership-driven governance reform
    • 6
    • T. Yoshikawa P. Phan 2003 The performance implications of ownership-driven governance reform European Management Journal 21 6 698 706
    • (2003) European Management Journal , vol.21 , pp. 698-706
    • Yoshikawa, T.1    Phan, P.2
  • 92
    • 15544382523 scopus 로고    scopus 로고
    • The effects of ownership and capital structure on board composition and strategic diversification in Japanese corporations
    • 2
    • T. Yoshikawa P. Phan 2005 The effects of ownership and capital structure on board composition and strategic diversification in Japanese corporations Corporate Governance: An International Review 13 2 303 312
    • (2005) Corporate Governance: An International Review , vol.13 , pp. 303-312
    • Yoshikawa, T.1    Phan, P.2
  • 93
    • 23244458313 scopus 로고    scopus 로고
    • The impact of ownership structure on wage intensity in Japanese corporations
    • 2
    • T. Yoshikawa P. Phan P. David 2005 The impact of ownership structure on wage intensity in Japanese corporations Journal of Management 31 2 278 300
    • (2005) Journal of Management , vol.31 , pp. 278-300
    • Yoshikawa, T.1    Phan, P.2    David, P.3
  • 95
    • 61349167861 scopus 로고    scopus 로고
    • Corporate governance reform as institutional innovation: The case of Japan
    • 6
    • T. Yoshikawa L. Tsui-Auch J. [tmp] McGuire 2007 Corporate governance reform as institutional innovation: The case of Japan Organization Science 18 6 973 988
    • (2007) Organization Science , vol.18 , pp. 973-988
    • Yoshikawa, T.1    Tsui-Auch, L.2    McGuire, J.3


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.