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Vol. 15, No. 1
Last Updated: 01/07/1991

Japan's corporate groups

Hesna Genay

This study compares Japanese keiretsu and independent firms in terms of their ownership structure, assets, earnings per share, stock returns, dividend payments, and equity-related bond issues. The results point to significant differences between these types of firms. In addition, the study explores the implications of these differences for the U.S.