Keiretsu centrality — profits and profit stability: A power dependence perspective
Journal of Business Research, pp. 2603-2610, 2014.
Prior studies compare keiretsu member firm and independent firm performance. Here, we use historical and power dependence perspectives to theorize that the Japanese keiretsu system primarily benefits the most central firms. We test this by examining the performance of two types of keiretsu firms (central firms and other member firms) with...More
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