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South Korean corporate culture and its lessons for building corporate culture in China

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  • South Korean corporate culture and its lessons for building corporate culture in China
  • Lee, Choong Y.; Lee, Jennifer Y.
  • Journal of International Management Studies


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Title South Korean corporate culture and its lessons for building corporate culture in China
Similar Titles
Material Type Articles
Author(English)

Lee, Choong Y.; Lee, Jennifer Y.

Publisher

Journal of International Management Studies

Date 2014-08
Journal Title; Vol./Issue The Journal of International Management Studies:vol. 9(no. 2)
Pages 10
Subject Country China(Asia and Pacific)
South Korea(Asia and Pacific)
Language English
File Type Link
Subject Industry and Technology < Entrepreneurship
Holding JIMS

Abstract

Corporate culture, as a management theory and method, emerged as an important component of organizational success in the late twentieth century. Korea’s unique style of corporate culture is a critical element to its economic success. Both China and Korea still have a strong influence of Confucianism on everyday life; Confucianism is the most dominating component in both countries’ cultures. The Western style of management philosophy, with its associated corporate culture, is generally regarded as the most efficient and effective philosophy. However, the successful experience of Korean business based on its own corporate culture has also gained attention and praise from all over the world. Many experts and businesspersons in China are looking at the Korean style of management and its unique corporate culture with serious interest, and are considering it as the most suitable style of management for China to have continued success in its economy. (The rest omitted)