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Working Papers
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Inside Trading Behavior in Korean Conglomerates and its Policy Implications
Korean conglomerates tend not to correlate management efficiency with profitability. Therefore, investments are not showing profit and the expansion of business is not being carried out based on comparative advantage.This paper lo..
Young-Soo Woo Date 1996.05.27
Business managementDownloadContentSummaryKorean conglomerates tend not to correlate management efficiency with profitability. Therefore, investments are not showing profit and the expansion of business is not being carried out based on comparative advantage.
This paper looks at insider trading within conglomerates as a part of unfair management, making some policy recommendations on the economic activities of Korean conglomerates.
This paper is organized as follows. Section I raises questions related to conglomerates in the Korean economy, focusing on competition policy. Based on these observances, Section II deals with the management of Korean conglomerates. Section III conducts empirical analyses to find out the negative relationships among conglomerates. Finally, based upon the empirical results, we will discuss the policy implications for the economic activities of Korean conglomerates. -
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New Economic Order in Latin America and Policy Directions for Korean-Latin American Economic Relations
Won-Ho Kim Date 1996.04.30
Economic development, Economic cooperation -
A Collection of Chinese Leader Speeches: Reform of the Chinese State Enterprise System
Co-authors Date 1996.04.29
Economic reform -
Chinese Economic Development Plans on into the 21st Century
Co-authors Date 1996.04.29
Economic development -
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The Enhancement of AFTA and its Impact
This report examines the proceedings and prospects of the ASEAN Free Trade Area (AFTA), focusing on the possibility of enlarging Korean-ASEAN exchange. AFTA, the largest international economic cooperative effort in the world, is c..
Young-Kul Won Date 1996.04.24
Free tradeDownloadContentSummaryThis report examines the proceedings and prospects of the ASEAN Free Trade Area (AFTA), focusing on the possibility of enlarging Korean-ASEAN exchange. AFTA, the largest international economic cooperative effort in the world, is characterized by its large capacity and latent purchasing power. As ASEAN member economies developed, they became important trade partners for Korea, accounting for 19.4 percent of Korea's overseas direct investment and 10.2 percent of Korea's total trade in 1994.
However, due to the limited size of the integrated market, the vulnerability of the industrial structure may impede economic cooperation between Korea and ASEAN. In particular, AFTA's common effective preferential tariffs are far from ideal.
Nevertheless, this report predicts that although AFTA will face short-term restrictions in its trade, it has a bright future for integration.
공공저작물 자유이용허락 표시기준 (공공누리, KOGL) 제4유형
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