Strategy, Structure and Corporate Governance: Expressing inter-firm networks and group-affiliated companies

Summary

Since the beginning of the 2000s, important changes in external environments have affected the corporate governance practices of firms all around the world. The corporate governance structure in each country develops in response to country-specific factors and conditions. Firms are currently engaged in a variety of dynamic business relationships such as business networks, strategic alliances, and conglomerates especially in high technology sectors. Strategy, Structure and Corporate Governance by Nabyla Daidj, proposes to analyze the main trends and drivers of change in corporate governance of several kinds of organizations: - Large conglomerates. The development of large and complex conglomerate organizations have played an important role in the economy in Japan but also in other countries such as Korea with chaebols, which can be defined as closely intertwined industrial groupings. - Inter-firms networks (districts, clusters etc.); and, - 'Recent' forms of inter-firms networks (business ecosystems). The author examines several case studies and shows how shifts in markets and global competition are reconfiguring transactions within these organizations and are impacting corporate governance systems.

Table of Contents

General introduction

1. Corporate governance in the Japanese keiretsu system: a dynamic process

2. The Korean system: overview and evolution of closely intertwined industrial groupings (chaebols)

3. Conglomerates in the US: return of the giants?

4. The French landscape: the evolution of large diversified groups’ strategy and governance

5. Business Groups in emerging economies

6. Grupos in Mexico: organizational structure and corporate governance

7. Clusters and evolution of corporate governance

8. Trends and patterns in corporate governance of "new" inter-firms networks: the case of business ecosystem

9. Evolution of corporate governance of large media conglomerates: Comcast, NewsCorp, Time Warner, Viacom, Vivendi, Walt Disney

10. Amazon, Apple and Google: Towards the development of very large diversified groups or conglomerates?

Author(s) Bio

Nabyla Daidj is Associate Professor of Strategic Management at the Télécom Ecole de Management in France. She received her doctorate in Economics from the Pantheon-Sorbonne University in Paris in 1994, with a thesis on strategic alliances in high-tech industries.