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Firm behavior and group affiliation: The strategic role of corporate grouping for Korean firms

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  • Choi, Jeong-Pyo
  • Cowing, Thomas G.

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  • Choi, Jeong-Pyo & Cowing, Thomas G., 1999. "Firm behavior and group affiliation: The strategic role of corporate grouping for Korean firms," Journal of Asian Economics, Elsevier, vol. 10(2), pages 195-209.
  • Handle: RePEc:eee:asieco:v:10:y:1999:i:2:p:195-209
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    References listed on IDEAS

    as
    1. Chang, Sea Jin & Choi, Unghwan, 1988. "Strategy, Structure and Performance of Korean Business Groups: A Transactions Cost Approach," Journal of Industrial Economics, Wiley Blackwell, vol. 37(2), pages 141-158, December.
    2. Cable, John & Yasuki, Hirohiko, 1985. "Internal organisation, business groups and corporate performance : An empirical test of the multidivisional hypothesis in Japan," International Journal of Industrial Organization, Elsevier, vol. 3(4), pages 401-420, December.
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    Cited by:

    1. Ducret, Romain & Isakov, Dušan, 2023. "Business group heterogeneity and firm outcomes: Evidence from Korean chaebols," FSES Working Papers 531, Faculty of Economics and Social Sciences, University of Freiburg/Fribourg Switzerland.
    2. Randall Morck, 2011. "Finance and Governance in Developing Economies," Annual Review of Financial Economics, Annual Reviews, vol. 3(1), pages 375-406, December.
    3. Maurizio Iacopetta & Raoul Minetti & Pietro F Peretto, 2019. "Financial Markets, Industry Dynamics and Growth," The Economic Journal, Royal Economic Society, vol. 129(621), pages 2192-2215.
    4. Zakaria Babutsidze & Maurizio Iacopetta, 2016. "Innovation, growth and financial markets," Journal of Evolutionary Economics, Springer, vol. 26(1), pages 1-24, March.
    5. Maurizio Iacopetta & Raoul Minetti & Pietro F Peretto, 2019. "Financial Markets, Industry Dynamics and Growth," Economic Journal, Royal Economic Society, vol. 129(621), pages 2192-2215.
    6. Jeong-Pyo Choi & Thomas Cowing, 2002. "Diversification, Concentration and Economic Performance: Korean Business Groups," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 21(3), pages 271-282, November.
    7. Ishtiaq AHMAD & Syed Zaheer ABBAS KAZMI, 2016. "A Financial Performance Comparison Of Group And Non-Group Firms In Textile Sector Of Pakistan," Network Intelligence Studies, Romanian Foundation for Business Intelligence, Editorial Department, issue 8, pages 143-150, December.
    8. Kil-Joo Baek & Young-Jun Yeo, 2023. "The Impact of a De Facto CEO on Environmental, Social, and Governance Activities and Firm Value: Evidence from Korea," Sustainability, MDPI, vol. 15(21), pages 1-17, October.
    9. Kineung Choo & Keun Lee & Keunkwan Ryu & Jungmo Yoon, 2009. "Changing Performance of Business Groups over Two Decades: Technological Capabilities and Investment Inefficiency in Korean Chaebols," Economic Development and Cultural Change, University of Chicago Press, vol. 57(2), pages 359-386, January.
    10. Lee, Keun & Kim, Ji Youn & Lee, Oonkyu, 2010. "Long-term evolution of the firm value and behavior of business groups: Korean chaebols between weak premium, strong discount, and strong premium," Journal of the Japanese and International Economies, Elsevier, vol. 24(3), pages 412-440, September.
    11. Unite, Angelo A. & Sullivan, Michael J. & Brookman, Jeffrey & Majadillas, Mary Anne & Taningco, Angelo, 2008. "Executive pay and firm performance in the Philippines," Pacific-Basin Finance Journal, Elsevier, vol. 16(5), pages 606-623, November.
    12. Bohyun Yoon & Jeong-Hwan Lee & Jin-Hyung Cho, 2021. "The Effect of ESG Performance on Tax Avoidance—Evidence from Korea," Sustainability, MDPI, vol. 13(12), pages 1-16, June.
    13. Cheong, Kwang Soo & Choo, Kineung & Lee, Keun, 2010. "Understanding the behavior of business groups: A dynamic model and empirical analysis," Journal of Economic Behavior & Organization, Elsevier, vol. 76(2), pages 141-152, November.
    14. Anaïs HAMELIN, 2013. "Does Size Matter? Firm And Business Group Size Influence On The Benefits Of Group Affiliation," Working Papers of LaRGE Research Center 2013-10, Laboratoire de Recherche en Gestion et Economie (LaRGE), Université de Strasbourg.
    15. Campbell, Terry II & Keys, Phyllis Y., 2002. "Corporate governance in South Korea: the chaebol experience," Journal of Corporate Finance, Elsevier, vol. 8(4), pages 373-391, October.
    16. Tarun Khanna & Yishay Yafeh, 2007. "Business Groups in Emerging Markets: Paragons or Parasites?," Journal of Economic Literature, American Economic Association, vol. 45(2), pages 331-372, June.
    17. repec:hal:spmain:info:hdl:2441/1ani1qs24g9in97gbhnanm575u is not listed on IDEAS

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