Business Groups in the West: Origins, Evolution, and Resilience

Author:   Asli M. Colpan (Associate Professor, Associate Professor, Graduate School of Management and Graduate School of Economics, Kyoto University) ,  Takashi Hikino (Mizuho Securities Endowment Professor, Mizuho Securities Endowment Professor, Graduate School of Management, Kyoto University)
Publisher:   Oxford University Press
ISBN:  

9780198717973


Pages:   586
Publication Date:   22 February 2018
Format:   Hardback
Availability:   To order   Availability explained
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Business Groups in the West: Origins, Evolution, and Resilience


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Author:   Asli M. Colpan (Associate Professor, Associate Professor, Graduate School of Management and Graduate School of Economics, Kyoto University) ,  Takashi Hikino (Mizuho Securities Endowment Professor, Mizuho Securities Endowment Professor, Graduate School of Management, Kyoto University)
Publisher:   Oxford University Press
Imprint:   Oxford University Press
Dimensions:   Width: 17.80cm , Height: 3.80cm , Length: 25.20cm
Weight:   1.186kg
ISBN:  

9780198717973


ISBN 10:   0198717970
Pages:   586
Publication Date:   22 February 2018
Audience:   Professional and scholarly ,  Professional & Vocational
Format:   Hardback
Publisher's Status:   Active
Availability:   To order   Availability explained
Stock availability from the supplier is unknown. We will order it for you and ship this item to you once it is received by us.

Table of Contents

Part I. Concepts and Arguments 1: Asli M. Colpan and Takashi Hikino: Introduction: Business Groups Re-examined 2: Asli M. Colpan And Takashi Hikino: The Evolutionary Dynamics of Diversified Business Groups in the West: History and Theory 3: Ben Ross Schneider, Asli M. Colpan and Weihuang Wong: Politics, Institutions, and Diversified Business Groups: Comparisons Across Developed Countries 4: James R. Lincoln and Matthew Sargent: Business Groups as Networks Part II: National Experiences of Business Groups Group 1. Historical Frontrunners in Europe 5: Geoffrey Jones: Britain: Global Legacy and Domestic Persistence 6: Marco Becht: Belgium: The Disappearance of Large Diversified Business Groups 7: Abe De Jong and Ferry De Goey: The Netherlands: The Overlooked Variety of Big Business 8: Harm Schröter: Germany: An Engine of Modern Economic Growth 9: Youssef Cassis: France: A Complement to Multidivisional Enterprises Group 2. Catch-up Nations in Europe 11: Mats Larsson and Tom Petersson: Sweden: Tradition And Renewal 12: Andrea Colli and Michelangelo Vasta: Italy: Enduring Logic and Pervasive Diffusion 12: Alvaro Cuervo-Cazurra: Spain: Regulation and Ideology as Drivers for Transformation 13: Alvaro Ferreira Da Silva and Pedro Neves: Portugal: Changing Environment and Flexible Adaptation Group 3. Western Offshoots 14: Takashi Hikino and Marcelo Bucheli: The United States in Historical Perspectives: The Strange Career of Business Groups in Industrial Development 15: David Collis, Bharat Anand and J. Yo-Jud Cheng.: The United States in Contemporary Perspectives: Evolving Forms, Strategy and Performance 16: Simon Ville: Australia: From Family Networks to Boom and Bust Groups 17: Randall Morck and Gloria Tian: Canada: The Rise and Fall and Rise and Fall Again

Reviews

Colpan and Hikino have given us a remarkable survey of an essential element in modern capitalism. They provide breadth and depth to the comparative study of the flexible business groups which played and continue to play a central role in our industrial economies. * Louis Galambos, Research Professor and Co-Director, The Institute for Applied Economics, Global Health, and the Study of Business Enterprise, Johns Hopkins University * Contrary to the conventional wisdom, diversified business groups have continued to evolve and grow in many developed economies, from Continental Europe and Britain to Canada, the United States and Australia. This book provides the best analysis of the reasons why corporate diversification is so resilient even in the face of global competition and deregulation. * Mauro F. Guillen, Director of the Lauder Institute and Dr. Felix Zandman Professor of International Management, The Wharton School * This is an innovative and important book with a solid message. It demonstrates that business groups can live and prosper even in the fiercely competitive environment of advanced economies. It is reassuring to observe that business groups in advanced economies still act as value adding entities thanks to their longer-term horizons in decision making processes. I believe that this book has critical implications for the business executives of large enterprises in emerging markets. * Rahmi M. Koc, Honorary Chairman, Koc Holding A.,S. * This is exciting original research from 12 modern Western nations, documenting the co-evolution of business groups with their ambient institutional contexts. The work makes clear that we should not think of business groups as anachronisms of the process of economic development, rather they both react to and shape the surrounding context, and therefore are likely very persistent organizational forms. This volume is of great value to scholars and policymakers alike. * Tarun Khanna, Jorge Paulo Lemann Professor, Harvard Business School and Director, Lakshmi Mittal South Asia Institute, Harvard University *


This is exciting original research from 12 modern Western nations, documenting the co-evolution of business groups with their ambient institutional contexts. The work makes clear that we should not think of business groups as anachronisms of the process of economic development, rather they both react to and shape the surrounding context, and therefore are likely very persistent organizational forms. This volume is of great value to scholars and policymakers alike. * Tarun Khanna, Jorge Paulo Lemann Professor, Harvard Business School and Director, Lakshmi Mittal South Asia Institute, Harvard University * This is an innovative and important book with a solid message. It demonstrates that business groups can live and prosper even in the fiercely competitive environment of advanced economies. It is reassuring to observe that business groups in advanced economies still act as value adding entities thanks to their longer-term horizons in decision making processes. I believe that this book has critical implications for the business executives of large enterprises in emerging markets. * Rahmi M. Koc, Honorary Chairman, Koc Holding A.,S. * Contrary to the conventional wisdom, diversified business groups have continued to evolve and grow in many developed economies, from Continental Europe and Britain to Canada, the United States and Australia. This book provides the best analysis of the reasons why corporate diversification is so resilient even in the face of global competition and deregulation. * Mauro F. Guillen, Director of the Lauder Institute and Dr. Felix Zandman Professor of International Management, The Wharton School * Colpan and Hikino have given us a remarkable survey of an essential element in modern capitalism. They provide breadth and depth to the comparative study of the flexible business groups which played and continue to play a central role in our industrial economies. * Louis Galambos, Research Professor and Co-Director, The Institute for Applied Economics, Global Health, and the Study of Business Enterprise, Johns Hopkins University *


Author Information

Asli M. Colpan is Associate Professor of Corporate Strategy at the Graduate School of Management and Graduate School of Economics, Kyoto University, Japan; and Visiting Associate Professor at Koç University, Turkey. Previously she was the Alfred Chandler visiting scholar at Harvard Business School and visiting scholar at the Department of Political Science at MIT. Her research interests include corporate strategy, corporate governance, and especially the evolution of large enterprises in developed and emerging economies. Her work has been published in such journals as Industrial and Corporate Change, Journal of Management Studies, Strategic Management Journal, Asia Pacific Journal of Management, Business History and Corporate Governance: An International Review. She co-edited (with Takashi Hikino and James Lincoln) The Oxford Handbook of Business Groups (Oxford University Press, 2010). Takashi Hikino is Mizuho Securities Endowed Chair Professor at the Graduate School of Management at Kyoto University, Japan; and Visiting Professor at Koç University, Turkey. His major publications include Big Business and Wealth of Nations (co-edited with Alfred D. Chandler and Franco Amatori, Cambridge University Press, 1997), Competing Policies for Competitiveness: Microeconomic Policies During the Golden Age of Capitalism (co-edited with Hideaki Miyajima and Takeo Kikkawa, Oxford University Press, 1998), The Global Chemical Industry in the Age of the Petrochemical Revolution (co-edited with Louis Galambos and Vera Zamagni, Cambridge University Press, 2006), and The Oxford Handbook of Business Groups (co-edited with Asli Colpan and James Lincoln, Oxford University Press, 2010).

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