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date: 07 July 2022

Abstract and Keywords

Business groups have incurred both frustrating confusion as well as heated discussion regarding their organizational nature and economic contributions. In addition to the conceptual discrepancies regarding business groups that different academic disciplines target and examine, even the definition of business groups that is customarily employed varies across nations and regions. The overall negative undertone that is attached to business groups, however, need not hinder the systematic examination of this business organization. Nor do the variations in national conventions as well as in academic disciplinary orientations regarding the definition of business groups mean that business groups cannot be examined coherently in different nations across time periods. Rather, these suggest a need to classify the primary “business group” forms and to clarify the critical issues pertaining to that organization model before research advances any further. This task is what this article aims to accomplish.

Keywords: business groups, business organization, national conventions, disciplinary orientations, organization model

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