Tata group early 1990's as a confederation of loosely connected firms. This case is the rise of a new CEO Tata Group, Ratan Tata, and his attempts to strengthen the relationship between group companies at a time when critics argue that it should be completely dismantling the alliance. Provides the opportunity to address the benefits and costs of conglomerates in emerging markets. In particular, it shows how a well-run conglomerates can mitigate the costs that are poorly functioning institutions impose through their impact on market efficiency. "Hide
by Tarun Khanna, Krishna G. Palepu, Danielle Melito Wu Source: Harvard Business School 18 pages. Publication Date: February 16, 1998. Prod. #: 798037-PDF-ENG
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