Corporate Governance and Restructuring in Korea: Before and After the Crisis

Keun Lee ()

Chapter 13 in Asian Post-crisis Management, 2002, pp 252-280 from Palgrave Macmillan

Abstract: Abstract While the Korean economy had boasted a strong recovery with almost 10 per cent real growth in 1999, the situation in 2000 and now does not seem that bright. Now, the perception increasingly is that post-crisis restructuring, once regarded as successful, is not really satisfactory — only half the required job has been done. This chapter will look at the post-crisis changes in corporate governance and business structure in Korean firms. To evaluate post-crisis corporate restructuring in Korea, the chapter starts with examining the root of the corporate system in Korea.

Keywords: Corporate Governance; Capital Structure; Business Group; Minority Shareholder; Profit Rate (search for similar items in EconPapers)
Date: 2002
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DOI: 10.1057/9780230595835_13

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