Reforming Korea's Industrial Conglomerates

Reforming Korea's Industrial Conglomerates

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An examination of the reasons for the failure of chaebol in South Korea: Moral hazard? Bad internal management? The author compares answers to these questions with policy changes introduced in Korea in response to the economic crisis, and makes recommendations for fixing structural problems.Furthermore, during 2000 reports circulated that the FSC had pressured other Hyundai affiliates not to resist HECCa#39;s plans for a ... both the Hyundai and Kia brand names were selling reasonably well in spite of continuing quality and image problems. ... In particular, Hyundaia#39;s Santa Fe sport utility vehicle and its relatively low-priced Sonata luxury sedan were both ... One consequence of Hyundai Motor Companya#39;s improved fortunes in 2001 was a significant rise in its common stockanbsp;...

Title:Reforming Korea's Industrial Conglomerates
Author: Edward Montgomery Graham
Publisher:Peterson Institute - 2003-01

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