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Book cover: Developments in Corporate Governance and Responsibility

Developments in Corporate Governance and Responsibility

ISSN: 2043-0523
Series editor(s): David Crowther

Subject Area: Business Ethics and Law

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Chapter 6 Strategic Alliances in the Japanese Car Industry

Document Information:
Title:Chapter 6 Strategic Alliances in the Japanese Car Industry
Author(s):Nabyla Daidj
Volume:2 Editor(s): Güler Aras, David Crowther ISBN: 978-0-85724-877-0 eISBN: 978-0-85724-878-7
Citation:Nabyla Daidj (2011), Chapter 6 Strategic Alliances in the Japanese Car Industry, in Güler Aras, David Crowther (ed.) Governance in the Business Environment (Developments in Corporate Governance and Responsibility, Volume 2), Emerald Group Publishing Limited, pp.95-124
DOI:10.1108/S2043-0523(2011)0000002009 (Permanent URL)
Publisher:Emerald Group Publishing Limited
Article type:Chapter Item

In Japan a network system called keiretsu exists (Abegglen & Stalk, 1985; Gerlach, 1992; Sheard, 1994). Keiretsu may involve formal and informal relationships with suppliers that have developed over the years or other interfirm links (for example, among manufacturers and supporting financial institutions). In the late 1990s, the Japanese economic system has undergone some changes such as the dissolution of cross-shareholdings and the decline of the main bank system (relationship-based financing) leading to changes in the corporate ownership and the governance system of Japanese companies.

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