콘텐츠 바로가기
로그인
컨텐츠

Category Open

Resources

tutorial

Collection of research papers and materials on development issues

home

Resources
Industry and Technology Entrepreneurship

Print

Corporate governance change and management performance : An exploratory study of a Korean company - Mando corporation

Related Document
Frame of Image
  • Corporate governance change and management performance
  • Min, Bryan; Kim, Dong-Jae
  • Journal of International Business and Economy


link
Title Corporate governance change and management performance
Similar Titles
Sub Title

An exploratory study of a Korean company - Mando corporation

Material Type Articles
Author(English)

Min, Bryan; Kim, Dong-Jae

Publisher

[Seoul]:Journal of International Business and Economy

Date 2007
Journal Title; Vol./Issue Journal of International Business and Economy:vol. 8(no. 2)
Pages 24
Subject Country South Korea(Asia and Pacific)
Language English
File Type Link
Subject Industry and Technology < Entrepreneurship
Holding JIBE

Abstract

Triggered by the Asian financial crisis in 1997, corporate governance has become an important topic for many Korean companies. Particularly, Korea‟s large family-owned conglomerates, chaebols, went through significant changes in terms of corporate governance. There has been a widely held belief that the lack of proper corporate governance in Korean companies, notably chaebols, forces them to suffer from low performance. Changes in corporate governance, therefore, is expected to enhance company performance. This paper is an exploratory study to address this issue. Specifically, it has an indepth look at the case of Mando Corporation to show how corporate governance improved management performance in terms of increasing shareholder value. The roles of the board of directors, large shareholders, and professional managers are explained and contrasted in the context of rapidly evolving dynamics of changes in the corporate governance of the company.