1. Japanese Zaibatsu and Korean Chaebol
... the zaibatsu family hardly participates in management of the zaibatsu business. The zaibatsu families in Mitsui, Mitsubishi, and Sumitomo, which have a long business history, have not participated in management (Lie, 1986). In the case of Mitsui, its family members are prohibited from participating in the management of those companies whose stocks they own, from being a guarantor to other people ... related product diversification. As Mitsui and Sumitomo grew into zaibatsu, the owner families were no longer involved in direct management, and professional managers were given the total res...
- Word Count: 3843
- Approx Pages: 15
- Has Bibliography
- Grade Level: Undergraduate