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The Chaebol
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Download or read book The Chaebol written by Richard M. Steers and published by . This book was released on 1989 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Economic Crisis and Corporate Restructuring in Korea by : Stephan Haggard
Download or read book Economic Crisis and Corporate Restructuring in Korea written by Stephan Haggard and published by Cambridge University Press. This book was released on 2003-02-26 with total page 374 pages. Available in PDF, EPUB and Kindle. Book excerpt: Asian business conglomerates have clearly been successful agents of growth, mobilizing capital, borrowing technology from abroad and spearheading Asia's exports. However, these firms have long had a number of organisational and financial weaknesses, including heavy reliance on debt, that make them vulnerable to shocks. Nowhere was this more true than in Korea, where the large corporate groups known as chaebol have dominated the economic landscape. This collection of essays by leading political scientists and economists provides a comprehensive look at the chaebol problem in the wake of the Asian financial crisis. The authors consider the historical evolution of the chaebol and their contribution to the onset of economic turmoil in 1997. The book analyses the government's short-run response to corporate and financial distress, and outlines an agenda for longer-term reform of the financial system, corporate governance and the politics of business-government relations.
Book Synopsis The Chaebol and Labour in Korea by : Sŭng-ho Kwŏn
Download or read book The Chaebol and Labour in Korea written by Sŭng-ho Kwŏn and published by Psychology Press. This book was released on 2001 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt: Focusing on the labour management strategies of the Hyundai Business Group, this important new study argues that historical analysis is essential for a complete understanding of the dynamics of South Korean industrial relations.
Download or read book Samsung Rising written by Geoffrey Cain and published by Currency. This book was released on 2020-03-17 with total page 418 pages. Available in PDF, EPUB and Kindle. Book excerpt: An explosive exposé of Samsung that “reads like a dynastic thriller, rolling through three generations of family intrigue, embezzlement, bribery, corruption, prostitution, and other bad behavior” (The Wall Street Journal). LONGLISTED FOR THE FINANCIAL TIMES AND MCKINSEY BUSINESS BOOK OF THE YEAR AWARD Based on years of reporting on Samsung for The Economist, The Wall Street Journal, and Time, from his base in South Korea, and his countless sources inside and outside the company, Geoffrey Cain offers a penetrating look behind the curtains of the biggest company nobody in America knows. Seen for decades in tech circles as a fast follower rather than an innovation leader, Samsung today has grown to become a market leader in the United States and around the globe. They have captured one quarter of the smartphone market and have been pushing the envelope on every front. Forty years ago, Samsung was a rickety Korean agricultural conglomerate that produced sugar, paper, and fertilizer, located in a backward country with a third-world economy. With the rise of the PC revolution, though, Chairman Lee Byung-chul began a bold experiment: to make Samsung a major supplier of computer chips. The multimillion- dollar plan was incredibly risky. But Lee, wowed by a young Steve Jobs, who sat down with the chairman to offer his advice, became obsessed with creating a tech empire. And in Samsung Rising, we follow Samsung behind the scenes as the company fights its way to the top of tech. It is one of Apple’s chief suppliers of technology critical to the iPhone, and its own Galaxy phone outsells the iPhone. Today, Samsung employs over 300,000 people (compared to Apple’s 80,000 and Google’s 48,000). The company’s revenues have grown more than forty times from that of 1987 and make up more than 20 percent of South Korea’s exports. Yet their disastrous recall of the Galaxy Note 7, with numerous reports of phones spontaneously bursting into flames, reveals the dangers of the company’s headlong attempt to overtake Apple at any cost. A sweeping insider account, Samsung Rising shows how a determined and fearless Asian competitor has become a force to be reckoned with.
Download or read book The Chaebol written by Richard M. Steers and published by . This book was released on 1989 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Financial Crisis and Transformation of Korean Business Groups by : Sea-Jin Chang
Download or read book Financial Crisis and Transformation of Korean Business Groups written by Sea-Jin Chang and published by Cambridge University Press. This book was released on 2003-04-28 with total page 380 pages. Available in PDF, EPUB and Kindle. Book excerpt: Sea-Jin Chang argues that the Korean financial crisis of 1997 was due to the inertia of both the business groups known as chaebols and the Korean government which prevented adaptation to changing external environments. Once the Korean government stopped central economic planning and pursued economic liberalization in the 1980s, the transition created a void under which neither the government nor markets could monitor chaebols' investment activities. The intricate web of cross-shareholding, debt guarantees, and vertical integration resulted in extensive cross-subsidization and kept chaebols from shedding unprofitable businesses. The government's continued interventions in banks' lending practices created 'moral hazards' for both chaebols and banks. This treatment demonstrates how the structure of chaebols later inhibited other adaptations and for all practical purposes became nearly dysfunctional. The book argues that restructuring of chaebols should focus on improving corporate governance systems. After such restructuring, the author predicts, chaebols will re-emerge as stronger, more focused global players.
Book Synopsis Competition and Corporate Governance in Korea by : Sung-Hee Jwa
Download or read book Competition and Corporate Governance in Korea written by Sung-Hee Jwa and published by Edward Elgar Publishing. This book was released on 2004-01-01 with total page 310 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This informative book will appeal to academics and researchers of industrial organization, economics and corporate reform as well as those involved in Asian studies."--BOOK JACKET.
Download or read book Korean Dynasty written by Donald Kirk and published by Routledge. This book was released on 2016-09-16 with total page 418 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study focuses on a single Korean "chaebol", the business conglomerate which dominates the Korean economy. Hyundai, the largest chaebol, is examined in the context of Korean history, ancient and modern, and the Confucian value system that permeates all Korean life.
Book Synopsis Mafioso, Big Business and the Financial Crisis by : Ingyu Oh
Download or read book Mafioso, Big Business and the Financial Crisis written by Ingyu Oh and published by Routledge. This book was released on 2018-12-21 with total page 211 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1999, this book explores the question of is the business organisation a result of efficiency or is it a result of a state-business organisation a result of a state-business interaction? This question being in the context of the Korean chaebol system and the Japanese Keiretsu system; this book explores the political and economic growth and then the following down fall of these systems occurred without rupturing either country’s state policy regarding the chaebol or the keiretsu.
Book Synopsis The Korean Economic System by : Jae-Seung Shim
Download or read book The Korean Economic System written by Jae-Seung Shim and published by Routledge. This book was released on 2016-03-03 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt: Focusing on the formation of the Korean economic system, this book presents a fascinating and comprehensive analysis of economic development outside of the traditional neo-classical, developmental-state and dependency perspectives. It examines in detail the evolution of institutions that contributed to economic growth and the formation and the workings of the economic system. With an emphasis on the interaction between government, private institutions (Chaebol and financial institutions) and the influence of Japan, it offers one of the most stimulating and distinctive views of Korean economic development to date. It will be of key interest to scholars and researchers of financial growth and development, Asian finance, and regional and heterodox economics.
Book Synopsis Big Business, Strong State by : Eun Mee Kim
Download or read book Big Business, Strong State written by Eun Mee Kim and published by SUNY Press. This book was released on 1997 with total page 302 pages. Available in PDF, EPUB and Kindle. Book excerpt: Debunks the rosy success story about South Korean economic development by analyzing how the state and businesses formed an alliance, while excluding labor, in order to attain economic development, and how these three entities were transformed in the process. Examines development in the country between 1960 and 1990, looking at the interaction between social, economic, and political changes, and describes collaboration and conflict between the state and business. Annotation copyrighted by Book News, Inc., Portland, OR
Book Synopsis Double Paradox by : Andrew H. Wedeman
Download or read book Double Paradox written by Andrew H. Wedeman and published by Cornell University Press. This book was released on 2012-03-15 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: According to conventional wisdom, rising corruption reduces economic growth. And yet, between 1978 and 2010, even as officials were looting state coffers, extorting bribes, raking in kickbacks, and scraping off rents at unprecedented rates, the Chinese economy grew at an average annual rate of 9 percent. In Double Paradox, Andrew Wedeman seeks to explain why the Chinese economy performed so well despite widespread corruption at almost kleptocratic levels. Wedeman finds that the Chinese economy was able to survive predatory corruption because corruption did not explode until after economic reforms had unleashed dynamic growth. To a considerable extent corruption was also a by-product of the transfer of undervalued assets from the state to the emerging private and corporate sectors and a scramble to capture the windfall profits created by their transfer. Perhaps most critically, an anti-corruption campaign, however flawed, has proved sufficient to prevent corruption from spiraling out of control. Drawing on more than three decades of data from China—as well as examples of the interplay between corruption and growth in South Korea, Taiwan, Equatorial Guinea, and other nations in Africa and the Caribbean—Wedeman cautions that rapid growth requires not only ongoing and improved anticorruption efforts but also consolidated and strengthened property rights.
Book Synopsis Managing Development by : Junji Nakagawa
Download or read book Managing Development written by Junji Nakagawa and published by Routledge. This book was released on 2006-04-18 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: Globalization in the 1990s provided both opportunities and challenges for developing and transition economies. Though for some, it offered the chance to achieve economic growth through active involvement in the integrated and liberalized world economy, it also increased their vulnerability to external shocks and volatility. As a consequence, stakeholders at every level of the development and transition process – international organizations, national governments and the private sector – had to review their strategies in order to adjust to the new world economic environment. As the Mexican peso crisis of 1994-1995 and the Asian financial crisis of 1997-1998 showed dramatically, the cost of maladjustment was not only very high but it also affected many more stakeholders than before, due to the contagious effects of crises. This revealing book analyzes the different methods employed to manage globalization and development. Bringing together an international team of contributors, including Barbara Stallings, Alicia Giron and J. C. Ferraz, it will prove to be a valuable resource for those involved in the fields of development economics and political economy.
Book Synopsis An Agenda for Economic Reform in Korea by : Kenneth Judd
Download or read book An Agenda for Economic Reform in Korea written by Kenneth Judd and published by Hoover Institution Press. This book was released on 2013-11-01 with total page 548 pages. Available in PDF, EPUB and Kindle. Book excerpt: An Agenda for Economic Reform in Korea looks at Korea's economic problems from the perspective of the American experience with economic reforms and sheds new light on the problems of economic reform facing nations all over the world. The authors examine such issues as corporate governance, social welfare, labor relations, and other pressing challenges—and suggest a new vision for the Korean economy.
Book Synopsis Korean Political and Economic Development by : Jongryn Mo
Download or read book Korean Political and Economic Development written by Jongryn Mo and published by BRILL. This book was released on 2020-10-26 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt: "How do poor nations become rich, industrialized, and democratic? And what role does democracy play in this transition? To address these questions, Jongryn Mo and Barry R. Weingast study South Korea’s remarkable transformation since 1960. The authors concentrate on three critical turning points: Park Chung Hee’s creation of the development state beginning in the early 1960s, democratization in 1987, and the genesis of and reaction to the 1997 economic crisis. At each turning point, Korea took a significant step toward creating an open access social order.The dynamics of this transition hinge on the inclusion of a wide array of citizens, rather than just a narrow elite, in economic and political activities and organizations. The political economy systems that followed each of the first two turning points lacked balance in the degree of political and economic openness and did not last. The Korean experience, therefore, suggests that a society lacking balance cannot sustain development. Korean Political and Economic Development offers a new view of how Korea was able to maintain a pro-development state with sustained growth by resolving repeated crises in favor of rebalancing and greater political and economic openness."
Book Synopsis Technology, Organization, and Competitiveness by : Giovanni Dosi
Download or read book Technology, Organization, and Competitiveness written by Giovanni Dosi and published by OUP Oxford. This book was released on 1998-03-12 with total page 357 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book brings together the work of leading international thinkers working in the overlapping areas of economics, organization studies, business history, corporate strategy, and innovation. There is a growing awareness that the perspectives of a single discipline are unable to capture and explain the complexities and dynamics of firm behaviour, organizational structure, and corporate strategy. All the chapters in this book are drawn from the pioneering journal Industrial and Corporate Change opening up the inter-disciplinary coverage of the journal to a wider readership. Here readers will find extensive and original contributions from economists Oliver Williamson, Richard Nelson, and Martin Fransman; sociology and organization theorists Mark Granovetter and Gary Hamilton; business historians William Lazonick and Jonathan West; innovation scholars Parimal Patel, Keith Pavitt, and Giovanni Dosi; and business strategists David Teece and Gary Pisano. This book will be vital reading for all those who want to get to grips with the best of current international thinking on the dynamic interplay of technology, organization, and competition.
Book Synopsis Encyclopedia of Business Ethics and Society by : Robert W. Kolb
Download or read book Encyclopedia of Business Ethics and Society written by Robert W. Kolb and published by SAGE. This book was released on 2008 with total page 2593 pages. Available in PDF, EPUB and Kindle. Book excerpt: This encyclopedia spans the relationships among business, ethics and society, with an emphasis on business ethics and the role of business in society.