An Empirical Examination of Inter-firm Capital Relationships in Mazda’s Yokokai using the IDE Spatial Model

Authors
Makoto Sakamoto, Satoshi Ikeda, Takao Ito, Rajiv Mehta, Seigo Matsuno, Shinya Tagawa, Victor D. Berdonosov
Corresponding Author
Makoto Sakamoto
Available Online 15 September 2014.
DOI
https://doi.org/10.2991/jrnal.2014.1.2.11
Keywords
influence, degree, efficiency, the IDE spatial model, Keiretsu
Abstract
Just as workflow and transactional linkages, inter-firm capital relationships are similarly known to have an impact on corporate performance. Because of the superior performance of Japanese networks known as Keiretsu, many companies have begun to recognize the importance of capital linkages whereas other companies have placed emphasis on improving coordination of managerial resources. In this paper, we review the literature on network organizations with a lens focused on examining the capital relationships in Yokokai, the Mazda’s Keiretsu. Employing regression analysis, three significant indices, influence, degree, and efficiency, were selected from nine indices, including others that include dyadic redundancy, dyadic constraint, effective size, constraint, hierarchy, and density. We propose a new approach, called IDE spatial model, to calculate the strength of the inter-firm’s relationships. In order to ascertain the rational inter-firm relationships, network indices and corporate performance are analyzed. Therefore, this research suggests a new perspective to examine the rational inter-firm relationship that can be used in any network organization.

Copyright
© 2013, the Authors. Published by ALife Robotics Corp. Ltd.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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