Sentences with phrase «keiretsu conglomerates»

The keiretsu conglomerates» practice of cross-holding each other's shares played a significant role in boosting stock prices and caused Japanese corporate wealth to balloon along with stock prices.
Other examples of keiretsu conglomerates are Sumitomo, Mitsui, Fuyo, Dai - Ichi Kangyo and Sanwa (Wikipedia, n.d.).
Typical keiretsu conglomerates were arranged in the form of a series of interlocking industrial corporations organized around a Japanese bank, which provided banking and financial services to the industrial corporations.

Not exact matches

The keiretsu system they have where there's a sort of conglomerate of industrial and financial... Most of the financing of industry was done by borrowed money rather than by equity through Japan's revival from the end of the Second World War so they had an average debt level of about 1.5 times GDP until about 1980.
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