S. Jeong
Crisis and Restructuring in East Asia
The Case of the Korean Chaebol and the Automotive Industry
Paperback Engels 2004 9781349519170
Verwachte levertijd ongeveer 9 werkdagen
Samenvatting
This book criticizes the widespread view that the 1997 Asian crisis was due to 'crony capitalism' and puts the blame instead on misguided liberalization. It analyzes the case of Korea's business conglomerates, the chaebol, with particular attention to the car industry, to show how liberalization contributed to the crisis even at the level of the firm. It shows how those firms that had developed innovative capabilities survived the crisis much better than those that had merely expanded into markets opened up by liberalization.
Specificaties
ISBN13:9781349519170
Taal:Engels
Bindwijze:paperback
Uitgever:Palgrave Macmillan UK
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Inhoudsopgave
Introduction The Asian Crisis of 1997 and Its Causes Korea's Economic Institutions and the Crisis The Chaebol's Corporate Governance and the Crisis Korea's Automotive Industry: 1960-90s Hyundai Motor Company Daewoo's Global Management Comparison of Hyundai and Daewoo in R&D The Chaebol's Diversification: Ssangyong and Samsung Conclusion: Crisis, Restructuring, and the Future of Korea
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