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Financial Crisis and Transformation of Korean Business Groups

by Sea-Jin Chang
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Current price ₹10,209.00
Original price ₹10,400.00
Original price ₹10,400.00
Original price ₹10,400.00
(-2%)
₹10,209.00
Current price ₹10,209.00

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Book cover type: Hardcover
  • ISBN13: 9780521814355
  • Binding: Hardcover
  • Subject: N/A
  • Publisher: Cambridge University Press
  • Publisher Imprint: Cambridge University Press
  • Publication Date:
  • Pages: 378
  • Original Price: GBP 80.0
  • Language: English
  • Edition: N/A
  • Item Weight: 726 grams
  • BISAC Subject(s): Corporate Finance / General

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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