CHAEBOL SYSTEM

Home Page
About
Submit A Journal
Submit A Conference
Submit Paper/Book
- Submit a Preprint
- Submit a Book
Contact

Uluslararası Afro-Avrasya Araştırmaları Dergisi
Volume:6 Issue:12
CHAEBOL SYSTEM

CHAEBOL SYSTEM

Authors : Mahmut Zekı AKARSU

Pages : 1-13

View : 44 | Download : 14

Publication Date : 2021-06-30

Article Type : Research Paper

Abstract :Chaebol is a well-known Korean conglomerate system. Chaebol companies contributed a lot during the Korean rapid economic development. Since the 1960s, Chaebol companies have been taking active and severe roles in the Korean economy and the international market. Although Chaebols are domestically and internationally robust, they have many systematical problems. For instance, chaebol firms are still bossed by the founder families instead of the professionals, e.g., CEOs and CFOs. Therefore, the Japanese Keiretsu system and the Korean Chaebol system are compared in order to define the weakness of chaebols. In addition, the close relationship between the Korean government and Chaebols weakened the strength of many Korean companies and triggered the 1998 Korean recession.
Keywords : Chaebol, Guney Kore, Keiretsu

ORIGINAL ARTICLE URL

* There may have been changes in the journal, article,conference, book, preprint etc. informations. Therefore, it would be appropriate to follow the information on the official page of the source. The information here is shared for informational purposes. IAD is not responsible for incorrect or missing information.