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KDI연구

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법경제

Working Paper

Ownership-Management Relations in Business : With Special Reference to Business Groups in Korea

페이스북
커버이미지
  • 저자 이규억(李奎億)
  • 발행일 1990/10/01
  • 시리즈 번호 9016
원문보기
요약 For our purpose here, we are not concerned with which
methodological approach is more appropriate for analyzing the
internal structure of a firm. Nor are we bold enough to attempt
to generalize from an outsider`s viewpoint how
ownership-management relations have evolved historically in the
capitalistic system. Instead, we are more interested in reviewing
the institutional and economic environment that has shaped
corporate growth in Korea, and thereby obtaining some insights
for future policy direction concerning the deconcentration of
corporate ownership. In so doing, we will attempt to draw upon
the Japanese experience as well.

One of the reasons we take such a stance in our
investigation is that corporate ownership is still very much
concentrated and ownership-management relations have not yet
undergone significant change in Korea. It may be more worth
while for us, then, to focus our attention on analyzing the
specific peculiarities of the current state of corporate structure in
Korea. Therefore, we will frame our analysis in the context of
"business groups" and discuss their economic power in Korea,
since they are, and will, remain a predominant characteristic of
Korean capitalism, in both its successes and failures.
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