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

Financial Crisis and Transformation of Korean Business Groups 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 th

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  • Title: Financial Crisis and Transformation of Korean Business Groups: The Rise and Fall of Chaebols
  • Author: Chang Sea-Jin Sea-Jin Chang
  • ISBN: 9780511510861
  • Page: 289
  • Format: ebook
  • 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 hThis 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, focused global players.

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