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portada Financial Crisis and Transformation of Korean Business Groups Hardback: The Rise and Fall of Chaebols
Type
Physical Book
Author
Year
2003
Language
English
Pages
364
Format
Hardcover
Weight
1.65
ISBN
9780521814355
ISBN13
9780521814355

Financial Crisis and Transformation of Korean Business Groups Hardback: The Rise and Fall of Chaebols

Chang (Author) · Cambridge University Press · Hardcover

Financial Crisis and Transformation of Korean Business Groups Hardback: The Rise and Fall of Chaebols - Chang

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Synopsis "Financial Crisis and Transformation of Korean Business Groups Hardback: The Rise and Fall of Chaebols"

This book explores the strategies that chaebols--Korean business groups--have pursued by examining their structures and assessing their performance. It highlights the strengths of chaebols that enable their fast growth, as well as the weaknesses that waylaid them when the 1999 Asian crisis occurred. Sea-Jin Chang asserts that the Korean government's restructuring efforts have not been successful and demonstrates why measures that overhaul chaebols' financial structures and strengthen their systems are necessary. He predicts that they will emerge again as stronger, more focused global players.

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