The Role of Zaibatsu Holding Companies

这项研究的目的是明确财阀控股公司、三井国美、三菱Goshi、住友Goshi等公司的作用。据说这些控股公司对其子公司拥有超强的权力。这种权力是建立在他们持有大量股份的基础上的，以至于一些商业史学家对他们控制子公司的管理制度进行了深入的研究。在我看来，这些控股公司的角色不仅是控制他们的子公司，而且还管理自己的投资或资金。控股公司的经理们开始对自己内部资本市场的资金管理感兴趣。作为研究结果，我写了几篇关于这个内部资本市场的文章。

The purpose of this study is to make clear the role of zaibatsu holding companies, Mitsui-Gomei, Mitubishi-Goshi, Sumitomo-Goshi etc. It is said that these holding companies had super power on their subsidiary companies. This power was based on their huge share holdings, so that some business historians have made intensive studies on their management system controlling their subsidiaries.In my point of view, the role of these holding companies is not only to control their subsidiaries but also to manage their own investment or money. Holding company's managers became interested in money management in their own internal-capital markets. I wrote several articles on this internal-capital-market as research results.