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The Role Of Corporate Governance In South Korean Economic Reform

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  • Kenneth Scott

Abstract

In South Korea, as in some other troubled Asian economies, banks and large public corporations have been run more in the interest of the government and the controlling share-holder group than to maximize efficiency and overall shareholder wealth. Any serious attempt to reform the South Korean economy must thus include significant changes in its system of corporate governance. 1998 Morgan Stanley.

Suggested Citation

  • Kenneth Scott, 1998. "The Role Of Corporate Governance In South Korean Economic Reform," Journal of Applied Corporate Finance, Morgan Stanley, vol. 10(4), pages 8-15.
  • Handle: RePEc:bla:jacrfn:v:10:y:1998:i:4:p:8-15
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    File URL: http://www.blackwell-synergy.com/doi/abs/10.1111/j.1745-6622.1998.tb00306.x
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    Cited by:

    1. Franklin Allen & Elena Carletti & Robert Marquez, 2015. "Stakeholder Governance, Competition, and Firm Value," Review of Finance, European Finance Association, vol. 19(3), pages 1315-1346.
    2. Anne O. Krueger & Jungho Yoo, 2002. "Chaebol Capitalism and the Currency-Financial Crisis in Korea," NBER Chapters,in: Preventing Currency Crises in Emerging Markets, pages 601-662 National Bureau of Economic Research, Inc.
    3. Allen, Franklin & Carletti, Elena & Marquez, Robert, 2007. "Stakeholder capitalism, corporate governance and firm value," CFS Working Paper Series 2007/26, Center for Financial Studies (CFS).

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