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@article{ART001789412},
author={LEE JIN SEOK},
title={A Review on the Effect of Corporate Regulations on Performance},
journal={Journal of Regulation Studies},
issn={1738-7132},
year={2013},
volume={22},
number={1},
pages={63-94}

TY - JOUR
AU - LEE JIN SEOK
TI - A Review on the Effect of Corporate Regulations on Performance
JO - Journal of Regulation Studies
PY - 2013
VL - 22
IS - 1
PB - 한국규제학회
SP - 63
EP - 94
SN - 1738-7132
AB - The purpose of this study is to review the relation between corporate regulations and performance, and then suggest implications of the future regulation system. This study classified 8-matters on corporate regulations and reviewed domestic researches. The summarized results of this paper are as follows. The research on the internal trading showed that, even though the internal trading could cause the decrease of firm value and the transference of shareholder's wealth, the level of operating costs could be down and technology efficiency could be improved. The holding company system could cause the decrease of growth, profitability, and firm value, on the other hands, that system could affect the increase of firm performance and transparency by the improvement of corporate governance. Although the punitive damages system could make the burden for companies, that system could have positive effects on technology competitiveness of industry. The research on the separation of financial and industrial capital showed that, the combination of financial and industrial capital could affect the efficiency of costs, whereas, affect the weakness of competitiveness of financial affiliates operated by industrial capital. The research on the cross-shareholding showed two aspects, which are the decrease of firm value and the regulation of business diversification. The research on the regulation on the large business groups showed that the regulation didn't restricted the concentration of economic power. The research on the class action enactment showed that, even though the enactment could make the burden for companies by high costs of audits and lawsuits, it affected the transparency of posting the corporate information. The weak independence of monitoring organizations could cause the inefficiency of monitoring systems, on the other hands, the efficient operation of monitoring systems could have positive effects on firm value and financial performance.
KW - Corporate Regulations;Economic Democratization;Firm Performance
DO -
UR -
ER -

LEE JIN SEOK. (2013). A Review on the Effect of Corporate Regulations on Performance. Journal of Regulation Studies, 22(1), 63-94.

LEE JIN SEOK. 2013, "A Review on the Effect of Corporate Regulations on Performance", Journal of Regulation Studies, vol.22, no.1 pp.63-94.

LEE JIN SEOK "A Review on the Effect of Corporate Regulations on Performance" Journal of Regulation Studies 22.1 pp.63-94 (2013) : 63.

LEE JIN SEOK. A Review on the Effect of Corporate Regulations on Performance. 2013; 22(1), 63-94.

LEE JIN SEOK. "A Review on the Effect of Corporate Regulations on Performance" Journal of Regulation Studies 22, no.1 (2013) : 63-94.

LEE JIN SEOK. A Review on the Effect of Corporate Regulations on Performance. Journal of Regulation Studies, 22(1), 63-94.

LEE JIN SEOK. A Review on the Effect of Corporate Regulations on Performance. Journal of Regulation Studies. 2013; 22(1) 63-94.

LEE JIN SEOK. A Review on the Effect of Corporate Regulations on Performance. 2013; 22(1), 63-94.

LEE JIN SEOK. "A Review on the Effect of Corporate Regulations on Performance" Journal of Regulation Studies 22, no.1 (2013) : 63-94.