.... This article addresses these issues by investigating the role of Internal Labour Markets (ILMs, hereafter) in allowing widespread organizations, business groups (BGs), to accommodate positive shocks likely to entail labour adjustments in their units. While hiring costs and asymmetric information affect...

...) in developing countries using the example of the Dangote Business Group in Nigeria, the largest conglomerate on the Nigeria Stock Exchange (NSE). Our findings suggest that Nigeria is characterised by a financialisation process, where speculative activities expand in banking and capital markets...

.../funder_policies/chorus/standard_publication_model ) Abstract We study the inner workings of internal capital markets during the 2008–09 recession using a unique dataset of loans between business group firms in an emerging market. Intragroup loans increase quickly during the recession. Firms that are more central...

... ( https://dbpia.nl.go.kr/journals/pages/open_access/funder_policies/chorus/standard_publication_model ) Abstract On analysing a sample of Information and Communication Technology (ICT) firms, we ask whether domestic business groups that are engaged in international cooperation for innovation are likely...

... institutional investors have significant ties to domestic business groups. For instance, by trading on private information, pension fund managers effectively increase the agency costs for other minority shareholders. In the sample, group-affiliated stocks display lower trading volumes and a smaller share...

... emphasised the central role of diversified, family-owned business groups in the industrialisation of East Asia. Business groups also predominate in Latin America though they tend to be risk-averse portfolio groups. Third, while East Asian countries limited entry by multinational corporations, they dominate...

..., business group, caste and family ties remain prevalent and shape a strongly embedded ‘inner circle’. In particular, the growing density of the network seems to be accounted for, to a large extent, by the driving role of family-led business groups and of independent big linkers. corporate interlocks India...

.... Published by Oxford University Press on behalf of the Cambridge Political Economy Society. All rights reserved. 2012 Abstract Large, highly diversified business groups are a prominent feature of the industrial landscape of most emerging economies. Their competitiveness has been the topic of much debate...

... these subsidiaries perform relative to other firms. Abstract An important aspect of China's economic reforms has been an ambitious policy to develop 100 or so large, internationally competitive business groups. Very little is known about these national champion groups or the benefits to subsidiary firms...

...Chilean business groups tend to be structured as a collection of listed and non-listed companies presenting highly concentrated ownership and hanging under a listed holding company. These characteristic pyramidal structures are used to obtain funding from minority shareholders without losing...

... in the wider senses. This observation is related to the much more common claim that the economics of organization does not make adequate use of history. By contrast, the literature on business groups around the world is thick with both institutional and historical detail. This article discusses the economics...

... neglected in the present literature, as an additional approach for addressing change and continuity in the top leadership of family business groups. Finally, the concluding section of this article explores the issues that require further research attention and the methods that need to be pursued. family...

... company law business groups imperialism shareholders’ associations corporate policy As discussed at the end of Chapter 1 , the Government of India did not agree in 1936 to the demand for the abolition of managing agencies. However, various restrictions were imposed by the Indian Companies (Amendment...

...The report of the Commission on the Dalmia Jain Group caused uproar when it was discussed in the Lok Sabha in 1963. Although Ramkrishna Dalmia claimed that the practices followed by his group were no different to those employed by other big business groups, D.R. Gadgil felt that they extended...

... and indirect state subsidies have contributed to the dominant position of large enterprises and business groups in the Israeli political economy. While neoliberal policies have served the interests of private capital and business groups, they were actively driven by state agencies seeking to regain autonomy...

... frontier land reclamation uneven and combined development family business groups finance August 8, 2010. I had returned to a government office in Cairo for the second part of an interview. The Egyptian government official who was meeting me was in the middle of negotiations...

.... Analysis then turns to the politics of location, maintaining that the traditional image of downtown business groups dominating local politics while neighbourhoods are politically feeble is outdated and misleading. The revival of citizen participation programs in urban politics is addressed. It is shown...

...Business groups are large, consisting of diversified firms that are persistently bound. Seen as isolated phenomena in very distinct institutional environments, their dominance is often inexplicable. This article suggests stepping away from the cross-section and studying the longitudinal bottom-up...

... nationalization concentration of economic power industrial growth rate of monopoly Foreign Exchange Regulation Act FERA 1973 industrialization strategy import substitution oligopoly private corporate sector entrepreneurship foreign monopolies corporate sector directorships business groups Companies...

...While business groups are a dominant and critical business organization in contemporary emerging economies and have lately attracted much attention in academic circles and business presses, interestingly their counterparts in developed economies have not been systematically examined. This chapter...