WHY DO CORPORATE GROUPS EXIST?

Akira Mitsumasu

Chapter 4 in Control and Coordination of Subsidiaries in Japanese Corporate Groups, 2015, pp 31-44 from World Scientific Publishing Co. Pte. Ltd.

Abstract: In trying to understand the phenomena of Japanese companies' increasing use of subsidiaries, and the economic rationale for doing so, this chapter looks at several theories such as the transaction cost theory, the property rights approach, the resource-based view, and the contingency theory-based view, as well as empirical research on Japanese corporate groups.

Keywords: Parent and Subsidiary; Business Group; Control and Coordination; Transaction; Typology of Subsidiary; Japanese Corporate Groups; Roadmap to Successful Subsidiary; Japanese Corporate System (search for similar items in EconPapers)
Date: 2015
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