Abstract
Large, diversified business groups from Asian countries have attracted the interest of researchers and practitioners for many years. Until the 1990s, they were mostly regarded as one of the key factors for the longterm economic success of the East Asian region (Tselichtchev, 1999). Following Japan’s economic stagnation throughout the past decade and the serious trouble that most East Asian countries experienced during and after the 1997 financial crisis, however, the Asian business groups have been assessed with more critical eyes recently. They are now often seen as an obstacle to the structural reform of the economic system of Asian countries (Jwa and Lee, 2000).
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© 2007 Martin Hemmert
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Hemmert, M. (2007). The Competitive Potential of Asian Business Groups: A Comparative Analysis of Kigyo Shudan and Chaebol. In: Yau, O.H.M., Chow, R.P.M. (eds) Harmony versus Conflict in Asian Business. Palgrave Macmillan Asian Business Series Centre for the Study of Emerging Markets Series. Palgrave Macmillan, London. https://doi.org/10.1057/9780230590441_11
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DOI: https://doi.org/10.1057/9780230590441_11
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