Chapter

Corporate Sector Reform: Governance

Yung Chul Park

in Economic Liberalization and Integration in East Asia

Published in print December 2005 | ISBN: 9780199276776
Published online February 2006 | e-ISBN: 9780191603051 | DOI: http://dx.doi.org/10.1093/0199276773.003.0013
 Corporate Sector Reform: Governance

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Corporate sector reform in crisis-countries focused on rescuing ailing and bankrupt firms, strengthening the legal system for bankruptcies, restructuring large family-owned corporations, and improving overall corporate governance. These reforms have received mixed reviews, and there is a risk that the reform process will lose steam.

Keywords: corporate governance; industrial groups; regulatory system; collusion; Chaebol; transparency

Chapter.  2613 words. 

Subjects: Business and Management

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