Thirst for funds drives change in South Korea

Article Abstract:

While in South Korea, explicitly owned assets can be owned by outside investors, the country is still unable to attract more investment and risk-taking partly because of the autocratic government and a political culture in which economic reforms appear more like personal revenge against the chaebol owners. But necessity may prevail where the government has failed because shareholder activism and not-so-easy credit may require that a new generation of professionals run South Korean companies rather than the family-owners of the chaebols.

Strategy & planning, Corporations

---

Chung Ju Yung: The Last Confucian Autocrat

Article Abstract:

Chung Ju Yung, founder of Hyundai Business Group, died in March. An entreprenuer, Chung was born into poverty in what is now North Korea. He set up a construction company in 1947 for work with the U.S. military during the Korean War. After the war, he began rebuilding Korea's infrastructure. By 1982, he had created a conglomerate, a chaebol. Though chaebols are now derided, they were also the means by which South Korea rose from the ashes.

Obituary, Officials and employees, Column, Chung Ju Yung, Hyundai Business Group

---

Orderly succession expected at Tsai Group: billionaire's division of Lin-Yuan companies may prevent family feud

Article Abstract:

Taiwan-based Lin-Yuan Group may likely have a smooth transfer of power after owner Wan-Lin Tsai successfully divided the oversight of his firms plainly among family members. The company stands as the top firm among Taiwan conglomerates at roughly $30 bil. Lin-Yuan Group controls Cathay Life Insurance Co and Cathay Construction Co. Smooth transfers of power are uncommon in Taiwan.

Management Functions, Taiwan, Analysis, Succession planning (Business), Lin-Yuan Group

Similar abstracts:

• Abstracts: How Chinese buyers rate foreign suppliers. Sales and promotion practices of consumer goods companies in an advanced developing country
• Abstracts: Antihistamines & decongestants. Savoury snacks & crisps - market overview
• Abstracts: Thriving capital markets are central to China's growth. Threat of recession looms over second-half outlook. Can China tame the tax collectors?
• Abstracts: Cough/throat remedies & combination products. Cough and cold remedies. Child-specific cough, cold & allergy remedies
• Abstracts: The impact of the quality of a marketing decision support system: an experimental study. Introduction to the special issue on competition and marketing

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.