Add to ORKGWe propose an model of vertically and horizontally-integrated business groups that allows the number and size of each group to be determined endogenously. We find that more than one configuration of groups can arise in equilibrium: several different types of business groups can occur, each of which are consistent with profit-maximization and are stable. We suggest that the strongly-integrated groups arising in the model characterize the chaebol found in South Korea, whereas the less-integrated groups describe those found in Taiwan. (C) 2002 Elsevier Science B.V. All rights reserved
We examine the formation of groups in a simple oligopoly with a linear demand function. Firms simult...
This chapter explores how business groups can be viewed as networks; whether and how some groups are...
This paper concerns the structure of Korean business groups. We investigate the factors that affect ...
We propose an economic model of business groups that allows for the cooperative behavior of groups o...
Abstract. This paper proposes an evolutionary model of business groups in emerging economies by trac...
We explore the nature of Business Groups, that is network-like forms of hierarchical organization be...
September 13, 2005This paper concerns the structure of Korean business groups. We investigate the fa...
Business groups in emerging markets perform better than unaffiliated firms. One explanation is that ...
Business groups in emerging markets perform better than unaffiliated firms. One explanation is that ...
In this paper we study the determinants of business groups’ ownership structure using a unique datas...
This Draft: August 19, 2005Diversified business (or corporate) groups, consisting of legally indepen...
Abstract What does the future hold for Asian business groups? This paper discusses three rival hypot...
We study the evolution of Korean chaebols (business groups) using ownership data. Chaebols grow vert...
We investigate the valuation effects of diversification activities by Korean business groups known a...
This handbook brings together an array of state-of-the-art research on the distinctive form of econo...
We examine the formation of groups in a simple oligopoly with a linear demand function. Firms simult...
This chapter explores how business groups can be viewed as networks; whether and how some groups are...
This paper concerns the structure of Korean business groups. We investigate the factors that affect ...
We propose an economic model of business groups that allows for the cooperative behavior of groups o...
Abstract. This paper proposes an evolutionary model of business groups in emerging economies by trac...
We explore the nature of Business Groups, that is network-like forms of hierarchical organization be...
September 13, 2005This paper concerns the structure of Korean business groups. We investigate the fa...
Business groups in emerging markets perform better than unaffiliated firms. One explanation is that ...
Business groups in emerging markets perform better than unaffiliated firms. One explanation is that ...
In this paper we study the determinants of business groups’ ownership structure using a unique datas...
This Draft: August 19, 2005Diversified business (or corporate) groups, consisting of legally indepen...
Abstract What does the future hold for Asian business groups? This paper discusses three rival hypot...
We study the evolution of Korean chaebols (business groups) using ownership data. Chaebols grow vert...
We investigate the valuation effects of diversification activities by Korean business groups known a...
This handbook brings together an array of state-of-the-art research on the distinctive form of econo...
We examine the formation of groups in a simple oligopoly with a linear demand function. Firms simult...
This chapter explores how business groups can be viewed as networks; whether and how some groups are...
This paper concerns the structure of Korean business groups. We investigate the factors that affect ...