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@article{ART001113524},
author={박상용},
title={한국 기업집단의 지배구조 개선방안/소유？지배구조 개선방안을 중심으로},
journal={Korean Society and Public Administration},
issn={1225-8652},
year={2005},
volume={15},
number={4},
pages={null-null}

TY - JOUR
AU - 박상용
TI - 한국 기업집단의 지배구조 개선방안/소유？지배구조 개선방안을 중심으로
JO - Korean Society and Public Administration
PY - 2005
VL - 15
IS - 4
PB - Seoul Association For Public Administration
SP - null
EP - null
SN - 1225-8652
AB - Why is the issue of corporate governance so important today? Simply but, one only needs to look at the IMF crisis of 1997 for the answer. Until that point, the large Korean conglomerates, often referred to as "chaebol", were mostly interested in simply expanding the size of their empires as opposed to improving profitability and efficiency. The key to the improvement of corporate governance structures in Korean companies is in the enhancement of corporate ownership structure, which has been limiting the proper functioning of well established regulatory fundamentals. In contrast to the British or American corporate governance models where the most common issues are those involving principal-agent problem, the most serious types of Korean corporate governance issues usually involve conflicts between minority shareholders and powerful majority shareholders who generally exercise management powers in excess of those afforded them by standard corporate cash flow controlling rights. In this regard, limits on total amount of shareholdings and the regulations on financial institutions’ voting rights are also important issues to consider. The second most important factor in improving Korean corporate governance structures is the expansion of the institutional investor’s role. This is especially necessary for many Korean corporations where the management executives are also the major shareholders thereby resulting in a lack of management supervision and transparency. The third solution factor is strengthening the power of independent outside directors so that the director system is more than merely a formality.
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박상용. (2005). 한국 기업집단의 지배구조 개선방안/소유？지배구조 개선방안을 중심으로. Korean Society and Public Administration, 15(4), null-null.

박상용. 2005, "한국 기업집단의 지배구조 개선방안/소유？지배구조 개선방안을 중심으로", Korean Society and Public Administration, vol.15, no.4 pp.null-null.

박상용 "한국 기업집단의 지배구조 개선방안/소유？지배구조 개선방안을 중심으로" Korean Society and Public Administration 15.4 pp.null-null (2005) : null.

박상용. 한국 기업집단의 지배구조 개선방안/소유？지배구조 개선방안을 중심으로. 2005; 15(4), null-null.

박상용. "한국 기업집단의 지배구조 개선방안/소유？지배구조 개선방안을 중심으로" Korean Society and Public Administration 15, no.4 (2005) : null-null.

박상용. 한국 기업집단의 지배구조 개선방안/소유？지배구조 개선방안을 중심으로. Korean Society and Public Administration, 15(4), null-null.

박상용. 한국 기업집단의 지배구조 개선방안/소유？지배구조 개선방안을 중심으로. Korean Society and Public Administration. 2005; 15(4) null-null.

박상용. 한국 기업집단의 지배구조 개선방안/소유？지배구조 개선방안을 중심으로. 2005; 15(4), null-null.

박상용. "한국 기업집단의 지배구조 개선방안/소유？지배구조 개선방안을 중심으로" Korean Society and Public Administration 15, no.4 (2005) : null-null.