On the other hand, under the administration of former prime minister, Mahathir Mohammad, the developmental state model supports the domestic industries and the development of large conglomerates based on South Korean chaebols and Japanese zaibatsu
Among their topics are the historical and financial characteristics of the South Korean zaibatsu
, profit allocation rules to motivate inter-firm network partners to reduce overall costs, measuring performance of an inter-firm network in reducing total lead time for investment recovery, the organizational capacity of master data management for inter-firm integration, and coordinating supply chains by controlling the capacity usage rate in the Japanese car industry.
Associated with these kinds of trends in development, we find the rise in Asia of family based or kinbased or kin-modeled business corporations that achieve international standing (for instance, South Korean Chaebols, historical progression of Japanese Zaibatsu
, Keiretzu, and Sogo shosha, Chinese Big Business Families, Hongs and Kong Si's.
were dissolved after World War II (WWII), they reemerged as keiretsu during the 1950s and 1960s (Berglof and Perotti, 1994).
Most of them are the businessmen who run the giant corporations that used to be called zaibatsu
(the pre-World War II industrial conglomerates) and the top layer of senior civil servants -- all of whom have been in bed with the LDP all of their working lives.
eran grandes corporaciones monopolicas que controlaban la distribucion de sus productos y mantenian fuertes lazos con los bancos.
We omit from this article several important related issues: zaibatsu
dissolution, deconcentration, the purges, the reparation plans, and land reform.
By contrast, during the same period, Japan's economy was largely dominated by four distinct zaibatsu
, which are corporate entities "controlled by a single family" that managed a "combination of manufacturing, trading, and banking functions" (p.
The government's export drive also favored large firms, giving birth to a unique business organization in Korea called the chaebol (similar to the zaibatsu
in Japan before World War II).
Mining was the cash cow first for the Sumitomo family and then for the zaibatsu
bearing the same name.
Historically, Asano Cement was the starting point for Taiheiyo, as well as being the highly profitable cornerstone of the Asano Zaibatsu
, once Japan's fifth most powerful Zaibatsu
, before its disbandment by the allied occupation authorities in 1947.
All of those historic balls and photos were collected by Mitsuhiko Fujita, a grandson of Denzaburo Fujita, the founder of the Fujita zaibatsu
, between 1928 and 1954, with many of them autographed.