@article{ART001393104},
author={강원 and 송세련},
title={The effect on value added and income to equity and labor providers of the introduction of Anglo-Saxon type business regulations: Case of corporations listed in Korean Stock Exchange},
journal={Korean Social Science Journal},
issn={1225-0368},
year={2009},
volume={36},
number={2},
pages={1-34}
TY - JOUR
AU - 강원
AU - 송세련
TI - The effect on value added and income to equity and labor providers of the introduction of Anglo-Saxon type business regulations: Case of corporations listed in Korean Stock Exchange
JO - Korean Social Science Journal
PY - 2009
VL - 36
IS - 2
PB - Korean Social Science Research Council
SP - 1
EP - 34
SN - 1225-0368
AB - We applied De Jong’s (1995) theory across time using the corporations listed in Korea Exchange. Since the Korean economy rapidly embraced the Anglo-Saxon type of business regulations after the foreign exchange crisis around 1997, it provides unique opportunity to test De Jong’s theory across time. The results generally confirm the crucial predictions of the theory that the Anglo-Saxon type of business regulations prompt managers to lower the level of value added, and that the income to labor providers decreases. When the time-varying external variables, such as globalization, dissemination of IT and business cycle in Korea, are controlled, however, we failed to verify the rise in income to equity providers.
KW - Anglo-Saxon business regulations;Value-added;foreign exchange crisis
DO -
UR -
ER -
강원 and 송세련. (2009). The effect on value added and income to equity and labor providers of the introduction of Anglo-Saxon type business regulations: Case of corporations listed in Korean Stock Exchange. Korean Social Science Journal, 36(2), 1-34.
강원 and 송세련. 2009, "The effect on value added and income to equity and labor providers of the introduction of Anglo-Saxon type business regulations: Case of corporations listed in Korean Stock Exchange", Korean Social Science Journal, vol.36, no.2 pp.1-34.
강원, 송세련 "The effect on value added and income to equity and labor providers of the introduction of Anglo-Saxon type business regulations: Case of corporations listed in Korean Stock Exchange" Korean Social Science Journal 36.2 pp.1-34 (2009) : 1.
강원, 송세련. The effect on value added and income to equity and labor providers of the introduction of Anglo-Saxon type business regulations: Case of corporations listed in Korean Stock Exchange. 2009; 36(2), 1-34.
강원 and 송세련. "The effect on value added and income to equity and labor providers of the introduction of Anglo-Saxon type business regulations: Case of corporations listed in Korean Stock Exchange" Korean Social Science Journal 36, no.2 (2009) : 1-34.
강원; 송세련. The effect on value added and income to equity and labor providers of the introduction of Anglo-Saxon type business regulations: Case of corporations listed in Korean Stock Exchange. Korean Social Science Journal, 36(2), 1-34.
강원; 송세련. The effect on value added and income to equity and labor providers of the introduction of Anglo-Saxon type business regulations: Case of corporations listed in Korean Stock Exchange. Korean Social Science Journal. 2009; 36(2) 1-34.
강원, 송세련. The effect on value added and income to equity and labor providers of the introduction of Anglo-Saxon type business regulations: Case of corporations listed in Korean Stock Exchange. 2009; 36(2), 1-34.
강원 and 송세련. "The effect on value added and income to equity and labor providers of the introduction of Anglo-Saxon type business regulations: Case of corporations listed in Korean Stock Exchange" Korean Social Science Journal 36, no.2 (2009) : 1-34.