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This article explores a complex aspect of Japanese industrial organizationthe Japanese Corporate Grouping JCG commonly known as keiretsu or kigyo shudan. They are a blend of politicalfinancial, strategicallycoordinated, bankrelated, industriallylinked, intermarket relationships which provide member companies with the support to vigorously pursue international market opportunities. The article draws on these relational dimensions to develop a framework for exploring the critical implications of the JCG for organization theory and international business strategy. To remain competitive, international managers must meet many strategic challenges posed by GroupForm organizations.
The International Journal of Organizational Analysis – Emerald Publishing
Published: Mar 1, 1993
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