Asian conglomerates do better than those in the West: study

[SINGAPORE] Conglomerates in Asia are more successful than most of their Western counterparts, defying conventional wisdom that such entities are anachronistic in the current business landscape and are ripe for break-up.

A new study by American global management consulting firm Bain & Company, titled Who Says Dinosaurs Can't Dance: Why conglomerates thrive in South-east Asia, has found that these Asian giants are:

For the study, Bain & Company examined 49 large, publicly-listed conglomerates in Indonesia, Malaysia, the Philippines, Singapore and Vietnam over the last 10 years.