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@article{ART001590023},
author={Eun Min Su},
title={Strategy of the State for Mobilizing National Pension Fund: Governance Structure of National Pension Fund Management and The Change of Corporate Governance},
journal={Korea Social Policy Review},
issn={1226-0525},
year={2011},
volume={18},
number={3},
pages={91-128},
doi={10.17000/kspr.18.3.201109.91}

TY - JOUR
AU - Eun Min Su
TI - Strategy of the State for Mobilizing National Pension Fund: Governance Structure of National Pension Fund Management and The Change of Corporate Governance
JO - Korea Social Policy Review
PY - 2011
VL - 18
IS - 3
PB - Korean Association of Social Policy
SP - 91
EP - 128
SN - 1226-0525
AB - This essay is to explain, in terms of strategy of state for mobilizing national pension fund, the change of governance structure of national pension fund management and corporate. National pension fund, introduced as a economic method of industrialization financing under based bank-based financial system, is used for activation of financial market and defence of corporate govenance against takeover, as financial system is changed by market based financial system through IMF economic crisis. The operation direction of national pension fund is determined ostensibly by national pension fund management committee, but substantially by state strategy. It’s just difference that state operated national pension fund management directly before IMF but indirectly since then. Korea government is try to change the national pension fund management committee to composition of financing experts and to make the best use of the voting right of national pension fund for improving corporate governance. How the voting right of stockholders for national pension fund is mobilized for improving corporate governance depends on the change in the power balance of the market and state. We should be concerned controlling arbitrariness of market and shareholders of chaebol while maximizing contributor’ interest.
KW - governance structure of national pension fund;national pension fund management committee;developmental state;financializing of national pension fund;the voting right of stockholders.
DO - 10.17000/kspr.18.3.201109.91
ER -

Eun Min Su. (2011). Strategy of the State for Mobilizing National Pension Fund: Governance Structure of National Pension Fund Management and The Change of Corporate Governance. Korea Social Policy Review, 18(3), 91-128.

Eun Min Su. 2011, "Strategy of the State for Mobilizing National Pension Fund: Governance Structure of National Pension Fund Management and The Change of Corporate Governance", Korea Social Policy Review, vol.18, no.3 pp.91-128. Available from: doi:10.17000/kspr.18.3.201109.91

Eun Min Su "Strategy of the State for Mobilizing National Pension Fund: Governance Structure of National Pension Fund Management and The Change of Corporate Governance" Korea Social Policy Review 18.3 pp.91-128 (2011) : 91.

Eun Min Su. Strategy of the State for Mobilizing National Pension Fund: Governance Structure of National Pension Fund Management and The Change of Corporate Governance. 2011; 18(3), 91-128. Available from: doi:10.17000/kspr.18.3.201109.91

Eun Min Su. "Strategy of the State for Mobilizing National Pension Fund: Governance Structure of National Pension Fund Management and The Change of Corporate Governance" Korea Social Policy Review 18, no.3 (2011) : 91-128.doi: 10.17000/kspr.18.3.201109.91

Eun Min Su. Strategy of the State for Mobilizing National Pension Fund: Governance Structure of National Pension Fund Management and The Change of Corporate Governance. Korea Social Policy Review, 18(3), 91-128. doi: 10.17000/kspr.18.3.201109.91

Eun Min Su. Strategy of the State for Mobilizing National Pension Fund: Governance Structure of National Pension Fund Management and The Change of Corporate Governance. Korea Social Policy Review. 2011; 18(3) 91-128. doi: 10.17000/kspr.18.3.201109.91

Eun Min Su. Strategy of the State for Mobilizing National Pension Fund: Governance Structure of National Pension Fund Management and The Change of Corporate Governance. 2011; 18(3), 91-128. Available from: doi:10.17000/kspr.18.3.201109.91

Eun Min Su. "Strategy of the State for Mobilizing National Pension Fund: Governance Structure of National Pension Fund Management and The Change of Corporate Governance" Korea Social Policy Review 18, no.3 (2011) : 91-128.doi: 10.17000/kspr.18.3.201109.91