@keikreutler

New Club Case Studies on keiretsus Earlier this year, I read Alliance Capitalism by Michael Gerlach to learn about keiretsus in post-war Japan. They're clusters of independently managed firms defined by shared governance mechanisms, partial cross-shareholding, and interlocking directorates. They aren't models to emulate, but some of their disadvantages could be mitigated by transparent, voluntary cross-shareholding mechanisms today. They could also be a way for infrastructure projects, which require research with different financial risk models, to bootstrap overall funding. Read it here: https://syndicate.io/blog/research-piece-keiretsus

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